In 2006, CSA Transportation was looking for a customized solution for its cross-dock facility needs. Through a formal pitch process CBRE was hired to negotiate a land sale a build to suit transaction. By 2012 CSA had outgrown its premises. Due to the specialty purpose nation of its facility requirements and the overall cost of holding two facilities at once, a simple relocation was not possible.
CBRE marketed CSA’s current facility for sale and was able to source a owner / user purchaser who would allow CSA to lease the facility back for 18 months. During this period CBRE was able to negotiate another build-to-suit transaction on behalf of CSA.
With the sale / leaseback of its facility CSA was able to receive the capital necessary to purchase a larger land site and building.