Faith-Based Company Ready to Grow in Denver, CO

January 6th, 2017 | Posted in Announcements, Articles, Closings, Daycare Real Estate & Other Education Business Closing Announcements

10/3/2016 – A client was ready to grow their faith-based brand, which led SSGA to act as a tenant’s representative to secure a lease on a vacant child care building in suburban Denver, Colorado.

Although the building was under lease to a charter school operation, the charter school had not opened at this location and SSGA knew that the landlord (a financial institution well known to SSGA) was amenable to replace the existing, but non-operational tenant, with a new tenant whose school business was growing.  This vacant facility was a terrific fit for the growing operational organization.

SSGA was able to negotiate a favorable 20 year lease for the new operator, including an option to purchase the building halfway through the lease term.  SSGA helped facilitate the new operator’s evaluation of the market dynamics for their brand of school, and provided some business commentary on the proposed form of lease, which was useful to the tenant and the tenant’s attorney.

For more information or to learn more about how SSGA can support your buying or selling needs, please contact a member of our team at info@ssgadvisors.com.

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