Specific Systems has expanded its Tulsa manufacturing operation by relocating to a larger, 87,350-square-foot manufacturing and distribution space. This move will allow Specific Systems to meet growing demands and revenue forecast.
Specific Systems, established in 1974, engineers and manufactures explosion proof air conditioners and industrial grade HVAC systems for hazardous and severe duty applications.
Dwayne Flynn, First Vice President, and Ryan Shaffer, Associate, with CBRE in Tulsa, represented Specific Systems in this lease.
“Specific Systems had an urgent need for a much larger space,” says Dwyane Flynn, First Vice President at CBRE. “This new facility provides the expanded manufacturing capacity to meet the rapidly growing demands of the industry."
“Working with CBRE, we were able to quickly identify a new space and fortunately expedite a quick lease,” says Justin Bray, Chief Executive Officer of Specific Systems. “Moving to this new facility will not only allow us to increase our overall capacity by more than 50%, but it will also allow us to arrange our manufacturing processes to be more efficient, therefore enabling us to reduce costs, increase quality and productivity and better meet our customer commitments.”
Effective December 5, 2018, Specific Systems took occupancy at 439 W. 41st St. in Tulsa, Oklahoma.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
