Case Study: Innovative Peening Systems achieves best sale price and a favorable 6‑month leaseback with Cresa

Capturing the Best Price for an Owner-User Industrial Building

Innovative Peening Systems, an Atlanta-based industrial company occupying a 31,858 sq. ft. facility, needed to sell its property for the highest possible price to fund a build-to-suit in Buford, GA while leasing the building back for six months at minimal rent. They engaged Cresa for Transaction Management and Facilities Management to manage the sale and short-term leaseback.

Cresa created a competitive market through cold-calling, online marketing, and direct outreach to local owner-users, negotiated superior sale and leaseback terms that captured the best price while securing a six-month lease at minimal monthly rent, and engaged a real estate attorney to resolve title defects. The result: Cresa delivered an optimal sale and leaseback structure for Innovative Peening Systems, enabling the owner to move forward with the new build-to-suit with minimal disruption.

Innovative Peening Systems

Dan Dickey

Owner