The grocery store chains decided to close nearly a quarter of their stores.
Delhaize approached Franklin Street to provide Facilities Management for the vacant stores in several states throughout the southeast.
Many stores were in remote locations and have very sophisticated building systems that needed to be protected and monitored for issues while the client worked to terminate or sub-lease the spaces.
The Franklin Street Solution
Franklin Street took the time to understand the client’s needs and tailored a Facilities Management plan to meet their objectives by:
Hiring security vendors to monitor the vacant stores and respond to alarm calls.
Scheduling routine maintenance visits to monitor the stores coupled with detailed reports.
Lease Administration to maintain compliance with the leases in place with the landlord plus ensuring subtenants were in compliance with the leases.
Handling the disposition of the store’s leases until the majority of the stores were either terminated or leases were sold to other grocers.