We met Yeti’s team through a referral from an existing client. At the time, Yeti Cycles was looking to buy an industrial building or build their own. They had a specific requirement of needing to be within a five-minute ride to a certain mountain-bike trailhead. After analyzing existing nearby warehouses for sale, we focused on land availability. After making an introduction to the local economic development council, running build scenarios, and introducing contractors, we shifted gears towards finding a warehouse for lease. This allowed Yeti to keep the capital required for a building acquisition/build and apply it toward further growing the renowned Colorado company.
We structured a new warehouse lease with a brand-new buildout with room for expansion, complete with showers and lockers for post-ride, Yeti turquoise on walls, and a bar for post-work team building.
OUTCOME: A perfect vision-filling space that turned from a want to purchase to the desire to lease using information provided by the team, as well as growth options for the future