Elvaria manufactures equipment for the food service industry. The firm was recently purchased by a successful entrepreneur with a vision to bring manufacturing jobs back to Virginia. Verity analyzed multiple locations and lease verse purchase scenarios. Ultimately Elvaria chose to purchase a 12,000-sf warehouse in Gainesville, VA. The Gainesville location afforded Elvaria reasonable access to skilled labor and was also accessible to management and international airports. Verity moved quickly and was able to negotiate favorable below market purchase terms and close on a property within 90 days from engagement. Verity then provided project management services to buildout state-of-the-art showroom, engineering, testing, and warehousing facility within an additional 90 days.
“Upon purchasing Elvaria, one of our first requirements was to relocate and build our headquarters and manufacturing facility. Because they were highly recommended, we turned to Verity Commercial for guidance through this critical task. Verity expertly guided us through the market and we located and purchased a 12,000 sf facility in Gainesville within 2 months. Throughout the process Verity provided completely integrated Total Cost of Occupancy budgeting that allowed us to properly plan our facility without surprises. Verity managed the subsequent design and buildout allowing me to focus on my business. Their vendor selection was top notch and I’m pleased to say our facility was delivered with high quality and significantly under budget. I have worked with the large national companies in the past, but I have found the personal attention provided by the Verity far exceeded these larger firms.
The principals at Verity not only have tremendous experience and knowledge of the DC metro market, they also have integrity and core values. I knew that they were representing my best interests throughout the transaction, and that they really cared about my business and our long term success. Verity went well beyond my expectations and I would recommend them to anyone in the market for commercial real estate.” — Adam Rosi, President, Elvaria