Encircle

121 Charles St

Encircle

QUICK FACTS:

Scaling Startup

Quick timeline

Off-Market option

SIZE:

7,000 SQ. FT.

SERVICES:

Occupier Services

CHALLENGE

Encircle was a scaling tech company based in Communitech in downtown Kitchener that needed to relocate quickly because of significant growth and they wanted “brick & beam” space in Kitchener’s downtown core. After completing an office needs analysis it was determined their requirement was approximately 7,000 square feet and a search was initiated to identify all viable alternatives.

SOLUTION

After touring, Encircle quickly focused on a sublease option in the Tannery. However, after submitting an Offer to Sublease the Sub-Landlord decided to take the space off the market because an existing Sub-Tenant wanted the space. Leveraging market knowledge and, more importantly, a relationship with another broker, the Wilson Team identified another off-market option that was eventually leased at better rates.

RESULTS

The Wilson Team quickly identified a fully furnished, off-market option and negotiated financial and strategic terms that allowed the tenant to relocate on an accelerated basis.

pexels-nitin-khajotia-1486064_clipped_rev_1 1 png
pexels-nitin-khajotia-1486064_clipped_rev_1 1 png

OFFICE OCCUPIER

YOUR REAL ESTATE TEAM

We help tenants generate more value from fewer sqft

Case Studies

You May Also Be Interested In...

C A S Interiors Inc.

McMaster Innovation Park

LaunchIt Ventures