"Teletronics' new location in a low-rise structure provides them with the kind of space they need for their business, including more efficient office space, a loading dock, warehouse area, signage and additional parking. They are able to take advantage of an aggressive tenant's market today rather than chance the market tomorrow," Cresa Partners' Steve Schaumberg says. The corporate real estate advisory firm represented the tenant, while McShea & Co. stood in for the property owner. Cresa Partners finessed a deal with the owner of 1803 Research that allowed Teletronics to break its lease early and relocate to Choke Cherry, which is owned by the same company, T/A Associates.
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