FMI Medical Systems
- 29001 Solon Road
Solon, Ohio - Client: FMI Medical Systems
- Square Footage: 41,040 SF
- Real Estate Type: Flex
- Services: Tenant Occupier, Consulting
Project Overview:
Cushman & Wakefield | CRESCO Real Estate was enlisted by FMI Medical Systems to assist in the search for a new home for their US Headquarters for the design & development of high tech CAT scan imaging systems from Akron to Chagrin Blvd.
Challenge:
The space requirement was for 32,000 +/- SF of air-conditioned space inclusive of office, engineering, computer lab, testing, assembly, machine shop, warehouse and shipping that was brightly lit and inclusive of 600 amps of 480 volt electrical power dedicated to designing and fabrication of a new generation of CAT scan/PET technology.
Solution:
It was very difficult to find spaces that came close to fitting their requirements that did not need a completely new build-out. We identified 29001 Solon Road early in the search; however, it was 15% larger than our requirement and needed both significant Landlord and Tenant improvements.
Results Achieved:
After many months with the assistance of company management and the landlord, we were able to overcome many obstacles and work out a long term deal that included the right space build-out to FMI’s specifications with room to grow that fit into their budget.