|>>Case Studies: The MI Group
"David, our property disposition, land acquisition and "design build" facility was a complicated project, but the pieces of the puzzle went together with your knowledgeable advice and negotiation skills."
Mr. Bryan Bennett, C.E.O., The MI Group
Client Objectives / Situation
- Considering an addition onto the existing warehouse or the sale of its property and the acquisition of a parcel of land and construction of a new "design build" warehouse
Activities / Initiatives
–- Exposed client to a number of parcels of land
- Introduced client to "design build" firms
- Listed existing property
- Found a buyer for the existing plant (lengthy closing of 15 months), which allowed the MI the time to have a new facility build on excellent financial terms
- Negotiated the acquisition of a 5 acre parcel of land in the Meadowvale Business Park
- A "design build" contractor was selected to build new Canadian Head Office and warehouse
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