Current 360
CLIENT: Current 360
LOCATION: 137 W Muhammad Ali Blvd
REAL ESTATE TYPE: Office / Studio Lease
SQUARE FOOTAGE: 5,818 SF
Project Overview
Current360, a local, multifaceted advertising agency had operated in Butchertown since the 1980’s. Current360 retained us as their representative to find suitable space for their business operations within the Downtown, Butchertown, and NuLuSubmarkets.
The Challenge
The building Current360 had officed in since the company’s inception was under contract to become a boutique hotel. Not only did we need to find them a suitable space, but we also had a strict timeline in which to do so.
The Solution
Cushman & Wakefield | Commercial Kentucky worked to assemble and embed a dedicated on-site team that included Agency Leasing, Asset Services and Engineering Operations. Not only was it important to hire the correct team of professionals, it was also important to create systems that would allow for successful operations across the board. Our team has been effectively managing these properties since Woodlawn Capital purchased the portfolio in 2017. We provide detailed monthly reports for each building to review current and historical occupancy, lease expiration schedules, and revenues and operating expenses.
Results Achieved
Not only did our team help them find a suitable space within their limited timeframe, but we also negotiated a below market rate and additional concessions such as free rent, free parking for all employees, and exterior signage on the property.