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MADISON, WISCONSIN – March 25, 2014 Cresa Madison represented Flux Mopeds on a new downtown location, located at 710 Williamson Street in Madison.
Flux Mopeds was created to deliver an alternative to the gas-powered scooter. The 100% electric Flux mopeds complete with a 49cc gas scooter reaching speeds of 30 mph, climbing hills with ease, and traveling distances of at least 25 miles on a single charge. All while being powered by a removable Lithium Ion battery that is light, convenient to carry and can be easily charged at any electric outlet.
Cresa was engaged by Flux Mopeds to locate a downtown retail location that could serve as the company’s headquarters and dealership. In addition to winning beneficial terms for Flux, Cresa was involved with the application to the City of Madison for a redevelopment grant, a critical component of the transaction.
“Cresa’s services were above and beyond what we expected,” stated Matt Brueggeman, Co-Founder and Director of Communication of Flux Mopeds, “without Cresa’s assistance, it is unlikely we would have found such a fantastic location at such favorable terms. Cresa’s advisory services are imperative for any business with a rental requirement.”
The electric mopeds sold by Flux are expected to be a great addition to the vibrant Williamson Street neighborhood. Cresa was pleased to be involved in the transaction.
Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Global Accounts, Portfolio Strategies, Location Planning, Lease Administration, Capital Markets, and Facilities Services. With more than 58 offices, Cresa is the largest tenant representation firm in North America. Through its partnership with Savills, one of the world’s largest commercial real estate services firms; Cresa covers more than 255 locations in 40 countries. For more information, visit www.cresa.com.
About Flux Mopeds
Flux Mopeds produces and sells high quality electric mopeds. Starting at only $1,999, the 100% electric Flux Moped will elevate your expectations from a vehicle and transform the way you get around town. For more information go to www.fluxmopeds.com.