When Interstates needed a new facility for its light manufacturing and fabrication operations in Omaha, they once again turned to Kevin Stratman, CCIM, SIOR here at IRI, having partnered with him on multiple successful projects in the past. Their current location in Papillion required a nearby warehouse solution to avoid high occupancy costs from extensive build-outs.

At an Iowa-Nebraska Chapter meeting of the Society of Office Industrial and Office Realtors (SIOR) last Spring, Kevin discovered an off-market sublease opportunity in R&R Commerce Park, only half a mile from Interstates’ existing site. The space was perfect—fully built-out offices, equipped docks and furnished interiors. Plus, the lease rate was attractive due to an older agreement.

But there was a problem: Interstates needed a direct lease with the landlord, not a sublease. Kevin and his team collaborated with all parties to orchestrate a Lease Assignment, removing the sublease hurdle. By Q4 2024, Interstates moved into a ready-to-use space with favorable terms, thanks to the brokerage team’s creativity and client-focused approach.