CASE STUDY: WAREHOUSE REPURPOSE + EXPANSION CB Richard Ellis of Hampton Roads The Challenge CBRE needed to accommodate a tenant’s specialized requirements to consolidate its warehouse operations to facilitate the market’s largest industrial lease. The tenant, a regional shipbuilder, required warehouse storage totaling more than 515,000 square feet in order to meet the ongoing increase in materials on hand. The existing warehouse slab would need to support the specialized storage design and product weight capacities. The Results The additional space allows the shipbuilder to consolidate and centralize its logistics processes, purchase parts and materials in bulk, and reduce handoffs and infrastructure costs with enough square footage to aid future growth and storage needs during its

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