The Challenge
Dance Esteem, a dance studio founded in 2009, is dedicated to creating a thriving, respectful, and motivating environment for dancers to grow as individuals. As the studio experienced growth, the founder recognized the opportunity to expand by opening a second location in Plymouth, MN. To evaluate the market’s suitability for this expansion, a short-term lease was needed to “test the market” at the new location.
Action
After being hired as their broker, Andrew Odney immediately went to work, conducting a thorough analysis of market alternatives. He prepared comprehensive tour books and organized property tours to explore potential spaces. Following this exploration, it became evident that the most suitable location for Dance Esteem was a building situated in a retail center off of Vicksburg Lane in Plymouth, MN.
Service
Tenant Representative
Brokerage
Odney Group
Location
Plymouth, MN
Property Type
Retail
Client Company
Dance Esteem
City
Plymouth
Result
Odney successfully negotiated favorable lease terms on behalf of Dance Esteem that aligned with the studio’s needs, including the desired lease term. The studio thrived in its new location and has since continued to grow, leading to multiple lease renewals and expansions negotiated through Odney.
“I've known Andrew for many years, and when it was time to open my Dance Studio in 2009, I knew that he was the person to help me locate a location and guide me through the lease negotiation process. He surely delivered. Since then, we've completed numerous transactions together, and I would recommend him to anyone looking for commercial real estate representation.”
Lindsay BrownDance Esteem
