– The Ivy Group helped their client (California Badminton Academy) successfully lease a commercial indoor recreational property by obtaining from the City of Fremont a Conditional Use Permit (“CUP”) in an industrial zone;
– The Ivy Group helped the client refine the business plan to address traffic and safety concerns, as well as parking requirements, among others;
– The Ivy Group’s CEO Tim Vi Tran, SIOR, CCIM met with then Mayor of Fremont to get his buy in on the project;
– Thy Ivy Group negotiated with the Landlord to relocate a large transformer from the floor space, and secured a 10-year lease with a 5-year renewal.
This project demonstrates that leasing a recreational property in a nontraditional industrial zone can be done—but it takes:
- Zoning expertise to identify viable properties before time is wasted on dead ends.
- Municipal navigation skills to secure approvals in unprecedented situations.
- Negotiation strength to win landlord concessions on costly improvements.
- Commitment to seeing a project through, even when the timeline stretches to a year or more.
To read it as a 3-min blog
To watch is as a video
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When you need to sell, buy, or lease a commercial property, or simply want to have an investment consultation, the Ivy Group is ready to help you reach your goals with more than 100 years of combined experience and expertise in real estate, investment, technology and engineering. Contact us with your next real estate needs:https://theivygroup.com/contact-us/
Copyright ©️ 2025 by Tim Vi Tran. All rights reserved.
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