CLIENT: Magna Automotive
SIZE: 29,000 sqm
Magna is a global automotive supplier. It produces car parts that are mainly supplied to companies such as General Motors, Ford Motor Company and Chrysler LLC.
The tenant reported the need for renegotiation and unification of the lease agreement (new model instead of the existing, repeatedly annexed agreement) and expansion. Our consultants prepared the material and negotiation strategy and systematized the process,
they cut their rent by about 15%. Additionally, the funds needed to renovate the building were negotiated.