Project Description
Situation
Zaretsky Engineering Solutions’ principal, Roman Zaretsky, had decided to expand his business which meant he needed more office space for his increasing employees while needing warehouse space for his inventory. He contacted Gary Pepp of Bailes & Associates, Inc. in May 2013 requesting our services in finding approximately 4,000 SF of office and approximately 2,500 SF of warehouse space. It would include: signage; “turn-key” tenant improvements; a three year lease; free rent; lower rent from what he was paying for his Newport Beach offices and he had to be in and operational by the beginning of August 2013.
The Solution
In June 2013, a lease for five years was signed for 6,942 SF, which comprised of 4,228 SF of office space and 2,714 SF of warehouse space. The lease was negotiated for the landlord to build out the suite to the Tenant’s requirements, signage rights, free rent and a base rent that lowered his rent considerably.
Client Results
In August 2013, Zaretsky Engineering Solutions moved into their new offices in Fountain Valley, CA and were operational.
Testimonial
According to Elena Zaretsky, Vice President, Zaretsky Engineering Solutions, Fountain Valley, CA: “Zaretsky Engineering Solutions launched earlier this year and engaged Gary Pepp to secure for the company its new headquarters. Because we were a new company, we had a set budget for real estate related expenditures. We also had a somewhat unique need for space. We needed a location that accommodated offices, a large open space for cubicles and drafting tables, as well as warehouse space. Finding this type of space within our budgetary constraints in Orange County proved to be challenging. Gary listened to what we needed, understood our parameters and found us the ideal location, meeting our needs in terms of budget, office and open space and warehouse needs.
Thank you Gary for a job well done.”
