Corporate Real Estate Advisors | Tenant Representation

Main

Overview:

Sandbridge Technologies is a highly specialized semiconductor company that develops and markets baseband wireless chip sets for handheld devices. The company provides solutions for smart phones and mobile broadband devices worldwide. Due to an expiring lease Sandbridge hired Northeast Realty Group to explore their occupancy alternatives for office space in Westchester County and identify the lowest cost options for their specific requirements. One of their primary goals was to replicate their extensive computer / server room and maintain operational continuity in a space relocation.

Results:

An extensive search of potential opportunities that met Sandbridge’s special requirements revealed a sublease opportunity in Tarrytown, NY was the most cost effective solution. In addition to finding the lowest cost option, this space had an existing large computer / server room with a raised floor and independent HVAC servicing the room. The remainder of the space was built out, though NERG negotiated a transaction that included turnkey work for additional offices, a new reception area and a kitchen/pantry. Additionally, NERG assisted Sandbridge with furniture procurement and project management services.