Uncorking Potential: Regal Wine Imports Compliant Expansion to 594 Broadway

Company: Regal Wine Imports
Building: 594 Broadway
Lease Term: 5 years
Lease Type: New Direct Lease
Delivery conditions: Modification to suit
Landlord: GFP Real Estate

The Challenge

Regal Wine Imports, a leading entity in the wine importing and wholesale distribution sector, is celebrated for its extensive selection of quality wines. The primary challenge faced by the company was securing a new office space that adhered to specific liquor license requirements, adding a layer of complexity and sensitivity to their search. They required a space that was not only of higher quality to boost their operations but also larger to accommodate their expanding business.

The Solution

The perfect resolution was found at 594 Broadway, where Regal Wine Imports secured a five-year lease for a 2,934 square foot space on the 10th floor—twice the size of their previous premises. This new location was superior in both size and quality, housed in a building renowned for its strong reputation and managed by a well-regarded landlord. The office was almost move-in ready, though the landlord executed specific modifications to make the space ideal for the unique demands of a wine importing and distribution company.

The Outcome

The transition to 594 Broadway represents a substantial advancement for Regal Wine Imports. The new office satisfies their immediate needs for space and quality and sets the stage for future growth and success within the competitive wine industry. This strategic move boosts their operational efficiency, fosters a more professional environment for staff and clients, and ensures compliance with the rigorous regulations that govern their industry.