2101 State Hill Road, Wyomissing PA
NAI Keystone’s Bryan Cole handled a lease renewal for The Reading Hospital & Medical Center at 2101 State Hill Road in Wyomissing.
Bryan Cole assisted the hospital in renegotiating the terms and the economics which ultimately ending in a savings of over $250,000, over the term of the lease or approximately 12% savings annually.
Bryan utilized his detailed market knowledge to help get the best pricing possible while maximizing the incentives.
The property is owned and operated by Interstate Commercial of New Jersey. Some of the co-tenants in the center are Starbucks, Metro Bank, Salad Works, and a former Rite Aid Suite.
Bryan recommended to the Hospital as he does all of his clients to start renegotiating leases well within 1 year in advance to ensure they have the most leverage possible. If a client waits to
long to start the process it may be placed in a position to renew at un-favorable conditions.
For more information about this lease or how we can help save you money on your lease renewal, please contact Bryan Cole at Bcole@naikeystone.com.
Who is NAI Keystone:
NAI Keystone is a full service commercial and industrial real estate firm. NAI Keystone maintains a prominent market share in Berks and Schuylkill Counties. NAI offers various services including but not limited to; Landlord representation, tenant representation, consulting services, site development, site selection, and property management.
Who is Bryan Cole:
Bryan joined NAI Keystone in July of 2004, prior to joining NAI, Bryan Cole spent 4 year’s active duty in the U.S. Marine Corp, including a 6 month deployment in Afghanistan, a 4 month deployment in Kuwait/Iraq, and a 7 month deployment in Japan. Prior to joining the military Bryan was involved in the construction of commercial and multi-unit properties in the Philadelphia suburbs. Bryan has experience working with a diverse group of individuals in numerous countries throughout the world. During Bryan’s time at NAI, he has sold and leased in the excess of $250 Million Dollar’s worth of Commercial Real Estate. Because of this, Bryan earned NAI gold club status his first year in the business. Bryan is currently working on earning both his CCIM designation and SIOR designation. Bryan has been the Top Performer/Producer at NAI since 2006 with an average of $30-$35 Million in production annually.
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Bryan E. Cole | NAI Keystone Commercial & Industrial, LLC
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About Bryan Cole and NAI Keystone