PrintEdd Products was interested in acquiring their own building for investment purposes, while incubating their future growth. The client wanted to stay in the same business park, with limited options, while maintaining a competitive cash-flow basis with their current lease obligation. The objective needed to be accomplished prior to the lease expiring and would have to endure the City of Austin’s lethargic approval processes.
PrintEdd Products purchased a high profile site in the same business park and constructed a high quality facility with an aggressive loan in place at a 53% discount from alternate lease sites. This facility is two and a half times larger than the existing site.