logo

 

Crash Rescue Equipment Service, Inc

 

Crash Rescue Equipment Service, Inc. remanufactures airport firefighting trucks for municipal and military airports worldwide. Bob & Sharon Relyea were leasing about 18,000 sq. ft. on less than an acre when I met them. They needed more outside storage area and they preferred to own their facilities. Like most companies, their business goes through cycles. The second building they bought was across the street from the first. After acquiring it, they had to scale back. So, we leased the building out and later sold it to that tenant. Recently, I was able to put them in the building they really needed with abundant outside storage and heavy crane service throughout.

 

  • Purchase of a 25,000 sq. ft. industrial building on 3.5 acres
  • Purchase of a 20,000 sq. ft. industrial building on 2.2 acres
  • Disposition by lease of the 20,000 sq. ft. building
  • Sale of the 20,000 sq. ft. building
  • Purchase of 110,000 sq. ft. industrial building on 18 acres
  • Sale of the 25, 000 sq. ft. building
  • Sale of 25 acres of investment land



“David has provided an immense amount of research and sees that all the details are efficiently handled while we are able to focus on our business. We’re like many entrepreneurial companies. Yes, we plan ahead, but we need things right now. That’s a big part of what David has brought to Crash Rescue. He has so many resources and contacts that help to make the process go smoothly. Also, since we’ve completed several transactions together, it’s nice to have one person that knows our history so you don’t have to explain the needs over and over again.”

 

Bob & Sharon Relyea, CEO & CFO
Crash Rescue Equipment Service, Inc.