01Tenant · Santa Ana
Growing from 1,332 to 23,732 square feet, without ever getting locked in.
- Debt relief company
- Client since 2017
- 2 MacArthur, Santa Ana
Reid has represented a debt relief company since 2017. When they first worked together, the company was in growth mode. It needed an office right away, but there was no way to know how much space it would need a few years down the road.
Instead of putting them into a long-term lease, Reid found a short-term sublease of 1,332 square feet. Two years later, when they had outgrown it, he found them another short-term, cost-effective sublease, this time 6,707 square feet. Three years after that, he negotiated a full-floor sublease at 2 MacArthur in Santa Ana, taking 23,732 square feet.
Step by step, the company grew to nearly 18 times its original space, and it was never stuck in a long-term lease that would have held it back.
The lesson
Reid's strategy came from really understanding the company's needs. He saw where the business was headed and structured every move so it could keep growing, never tied to a long lease it shouldn't have been in.