The McEnery Company was retained by both PhilaPort (www.philaport.com) as well as a long-standing tenant of the Port as the third party mediator and real estate consultant tasked with assisting in critical lease rate negotiations and final contract rent determinations necessary to facilitate a lease amendment pertaining to over 1,000,000 square feet of deep water front industrial space. The properties in question consisted of storage warehouse facilities with direct water frontages and berthing capacity along the Delaware River, including numerous historic warehousing facilities in place since the turn of the 20th century. The McEnery company delivered extremely well received real property consulting services resulting in an amicable and timely resolution to the lease rate dispute, and did so in conjunction with industry professionals representing both the Port and the tenant. The Port of Philadelphia, which is a key fruits and vegetables and also forest products port, is yet another major U.S. port market in which The McEnery Company has successfully provided real property consulting services.
