Industrial Real Estate Strategy for Operational Efficiency and Growth
Location: Tampa, Florida
Total Footprint: Approx. 55,000 SF
Asset Type: Industrial
Deal Type: Lease
The Challenge
Coastal Wipers was growing, but their facility was no longer supporting the business. Operations were spread across a fragmented warehouse with an inefficient layout, limited dock access, and constrained truck circulation. Inventory overflow, insufficient staff parking, and ongoing building issues created daily operational friction.
Leadership needed a facility that improved workflow, increased capacity, and supported long-term growth while staying close enough to retain their workforce. The challenge was choosing the right path forward in a tight Tampa industrial market, where purchase options were scarce, building required significant capital, and a rushed decision could lock the business into years of inefficiency
The Strategy
Coastal Wipers chose to slow down and evaluate every viable option rather than defaulting to ownership or building. Even while under contract on land for a potential build, leadership paused to confirm whether that route truly aligned with the business.
- With guidance from Avocat Group, the team compared lease, buy, build, and build-to-suit options using real market data, timelines, and inventory.
- The analysis showed that leasing offered faster execution and stronger economics for their growth stage, while purchase options were limited and often overpriced.
- Early clarity around location, budget discipline, and long-term growth needs helped narrow the field. Defining must-haves versus nice-to-haves kept the process focused
A key turning point came when Avocat Group identified an industrial building the client had initially ruled out. After additional diligence, the facility proved to be a strong long-term fit and allowed Coastal Wipers to move forward with confidence.
The Outcome
Coastal Wipers relocated into a modern industrial facility nearly twice the size of their previous space. The new layout created a clean, contiguous workflow from receiving to production to shipping, reducing bottlenecks and improving daily operations.
The location allowed the company to retain its workforce while gaining meaningful growth capacity. Improved truck access and updated office areas enhanced efficiency and employee experience. Financially, the team secured a below-market lease rate and negotiated several hundred thousand dollars in landlord concessions, including free rent.
David SmilesWe could not be any happier with our new manufacturing facility. The Avocat Group team listened to our needs and delivered a property that was a great fit at a great value. We would absolutely work with them again and highly recommend them to anyone looking for commercial real estate guidance
Today, Coastal Wipers operates from a facility that supports long-term growth without ongoing space constraints. Leadership can focus on the business rather than managing facility issues, with real estate that aligns with where the company is headed next.
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ClarityKit™ Tools Applied
These ClarityKit™ tools were applied at specific stages of the engagement to structure analysis, evaluate alternatives, and support disciplined decision-making throughout the lease renewal process.