Relm West has been a leader in the Pacific Northwest label and flexible packaging market for 35 years.
Relm West engaged Flinn Ferguson Cresa to evaluate the advantages associated with renewing their lease early in advance of their team’s desire to invest significant capex into their manufacturing infrastructure. Our team successfully negotiated the early renewal in an environment that’s traditionally unfriendly to the concept due to corresponding year-over-year increases in market rent. We captured free rent to offset their anticipated costs associated with reconfiguring their facility’s critical infrastructure. The renewal is projected to significantly outperform the market’s trajectory, and served the dual purpose of protecting Relm West’s upcoming investments in the facility.