FEATURED CLIENT SUCCESS STORY: New 9,440 S.F. Warehouse & Showroom Facility Lowers Costs and Sets the Stage for Growth for Marin-Based Robert Federighi Design
Founded in 1999, Robert Federighi Design provides interior design, remodeling, and staging services for high-end homes in Marin, Sonoma, and San Francisco counties. The company’s goal is to impart the very best of design concepts and service, with integrity in every aspect of its operation.
Mr. Federighi’s business had been leasing multiple warehouse spaces in Marin County which was definitely not ideal for his thriving, fast-moving staging business. When the largest of the three warehouses was sold, Mr. Federighirecognized that his rent was about to increase.
Capital Access Group worked with Mr. Federighi to secure a $1.5 million SBA 504 loan for the purchase of a 21,000 square foot warehouse located in Novato, CA. The new building will replace all three of his leased spaces. According to Mr. Federighi, the new facility will stabilize occupancy costs, streamline operations, and increase efficiency.
“By owning the new building, we fixed our expenses, so we can continue growing while controlling our spending,” said Mr. Federighi. “The mortgage payment on the new building is less than we currently pay in rent!”
Mr. Federighi also plans to open a showroom to give his interior design department the space it needs to sell high quality furniture.
“Working with Capital Access was a smooth, easy process,” said Mr. Federighi. “I highly recommend them.”
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