Company: Signature Cleaning Services
Building: 231 West 29th Street
Lease Term: 5+ years
Lease Type: Lease Renewal
Delivery conditions: Turnkey
Landlord: JR Building Associates
Signature Cleaning Services, Inc., a janitorial service provider known for a range of cleaning and maintenance services for both residential and commercial properties, faced the decision of either relocating to a new space with office plus basement or retail space for less, or securing a more favorable lease renewal at their current location. The company preferred to stay put to avoid the disruptions associated with moving, required adequate storage for cleaning supplies, and needed to keep the same amount of space.
The ideal solution was found at their existing address, 231 West 29th Street. Signature Cleaning successfully renegotiated their lease, which not only allowed them to remain in their current space but also resulted in a reduced rent for both their office and retail components.
Renewing their lease at 231 West 29th Street allowed Signature Cleaning to maintain operational continuity without the hassle of relocating. The renegotiated lease terms provided financial savings while still retaining the necessary space to efficiently manage their extensive commercial cleaning operations. This strategic decision ensured stability and continued efficiency in their service delivery.
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