Case Study: Southern Refreshment Services consolidates warehouse operations with Lee & Associates

Southern Refreshment Services completes $4.3M warehouse acquisition with Lee & Associates

Southern Refreshment Services, a coffee service and vending machine provider, faced the challenge of consolidating its two aging warehouses into a single, more efficient distribution operation. Their goal was a seamless relocation within their tight-knit submarket with minimal disruption to time-sensitive deliveries, a complicated process given the scarce inventory of available free-standing industrial properties for purchase. Lee & Associates provided exclusive real estate brokerage services to navigate this acquisition and disposition.

Lee & Associates leveraged its decade-long relationship and deep market knowledge to quickly secure a new 80,860 SF facility for the client. The vendor then successfully sold one of the client's former warehouses for an above-market price of $3,333,333. This solution allowed Southern Refreshment Services to consolidate its operations with minimal business disruption and retain a smaller property for future use.

Southern Refreshment Services