CFX Products, a manufacturer of custom millwork and fixtures for national restaurant and retail brands, sought to expand beyond its existing Georgia operation to strengthen business resiliency, better serve customers across the eastern United States, and create capacity for future growth. Stream’s Manufacturing, Food & Beverage, and Distribution team evaluated expansion strategies across the Northeast, Midwest, and South, analyzing customer locations, outbound shipping patterns, labor, logistics, and distribution scenarios to determine where a second operation would provide the greatest long-term business value. The analysis ultimately identified the Northeast as the strongest opportunity and focused the real estate search in Pennsylvania.
Rather than limiting the search to facilities matching CFX’s immediate space requirement, Stream developed an acquisition strategy that expanded available real estate options while supporting the company’s financial objectives. The team identified a 210,000 square foot facility in Hazleton where CFX could establish its operation while generating income from an existing tenant. The tenant cash flow helped support financing for the acquisition while providing CFX with additional capacity for future expansion. During due diligence, Stream also helped navigate environmental conditions, coordinating with legal advisors and securing environmental insurance to mitigate transaction risk and allow the acquisition to proceed.
Following acquisition, Stream managed the design and construction associated with CFX’s landlord obligations, including space separation and utility modifications for the existing tenant. By integrating location strategy, real estate, due diligence, financing considerations, and implementation, Stream helped CFX establish a Northeast operation while creating an income-producing real estate investment with flexibility to support future business growth.
