Case Study

L'oreal

loreal

General Information

Client
L'oreal
New Distribution Center
Business Lines
Advisory & Transaction Services

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Challenge 

CBRE was committed to achieve a challenging project: A new distribution center was required in order to urgently relocate an existing operation and attend a new regional expansion plan centered in Capital city.
  • Operations Go live deadline, July 2017, no Build to Suit options viability.
  • Small Industrial Offer complying with client’s Technical requirements & needs.
  • 3PL operator involved during the process with further requirements to be fulfilled for the final operation to be successful.
  • Electrical infrastructure challenges during civil works because of client’s specific electrical needs.

Solution

  • Space delivered fully terminated with additional USD $56,000 on furniture included without extra costs.
  • 6 months of free rent achieved on 9,148 sq.m. of the total area. 
  • Extra discount in Price per sqm, which was initially negotiated in USD $6.00 per sq.m, to USD $5.3 per sq.m.
  • Structural & electrical consolidation of four warehouses in one Standalone Building.
  • Discount in annual increases
  • 5 years contract with a 3 year early termination clause and no penalty.