Doster Construction

Doster Construction

301 Seven Springs Way, Suite 150
Brentwood, TN 37027

 

Office, Industrial and Retail Facilities

Regional, National, International Headquarters
Research & Development
Life Sciences
Warehouse/Distribution
Manufacturing
Retail/Restaurant
Land Sales

 

Tenant Representation

Provide conflict free tenant representation with total objectivity. We only represent tenants & buyers of commercial space and properties providing services to our clients that compliment ALL facets of their real estate needs.

Start Small & Achieve Big Results:

Doster Construction Success Story

Challenge

Doster Construction sought to expand their presence and open a temporary office in Nashville as they increased their presence through Tennessee in commercial construction.They desired a very short term solution initially, and a larger space within a 24-month timeframe that would meet their budget in a very tight market.

Action

  • Office space market was very tight to find a short term solution, so Cherry & Associates looked at creative alternatives to solve the short term option.
  • Achieved a good rental rate for a short term solution that was not on the market, and Doster shared space with another client who had additional space that couldn’t be demised. Their businesses were complementary to each other.
  • To find larger growth space, the market was very tight and rental rates were easily outside of Doster’s budget for office space.
  • Cherry & Associates identified an option that was second generation space, below market prices, and modifications were minimal. The layout worked well for Doster, with some modifications they chose to make directly.
  • Through negotiations and review, determined that common area factor was too high, and the actual space was smaller than identified.
  • Contacted architect and disputed common area factor for commercial building.
  • Negotiated to achieve a lower rental rate due to common area issues, and mitigated annual increases.
  • Incorporated expansion rights, renewal, and flexibility of term for further growth considerations.

The Result

  • Doster achieved a net savings in excess of $20,000 over the term of their lease.
  • Monument signage for space less than 5,000 s.f.
  • Flexibility for both temporary space, and permanent office space, and growth potential.
  • Economics well below the market at the time of execution.

Download

Doster Construction relied on Cherry & Associates, Mylinda Vick to navigate the changing need of our company for a new location in Nashville. She was able to secure both a satellite and permanent office space for our Nashville office in a market that was extremely difficult to find flexibility. She found a great lease for our expanding needs, and we were able to reduce our costs

Edward Smith | Vice President
Doster Construction

WHAT OUR CLIENTS ARE SAYING

Doster Construction relied on Cherry & Associates, Mylinda Vick to navigate the changing need of our company for a new location in Nashville. She was able to secure both a satellite and permanent office space for our Nashville office in a market that was extremely difficult to find flexibility. She found a great lease for our expanding needs, and we were able to reduce our costs

Edward Smith | Vice President
Doster Construction

Read More

Doster Construction relied on Cherry & Associates, Mylinda Vick to navigate the changing need of our company for a new location in Nashville. She was able to secure both a satellite and permanent office space for our Nashville office in a market that was extremely difficult to find flexibility. She found a great lease for our expanding needs, and we were able to reduce our costs

Edward Smith | Vice President
Doster Construction

Read More