Directing the efforts of our Corporate Real Estate Department, Hank Taylor is a corporate REALTOR and a site selection consultant for industrial companies in Brevard County. He works with clients in all phases of the site selection process locating the site or building, identifying the appropriate tax incentives and securing zoning and permitting where necessary.
An engineer by education, Hank is a former Brevard County economic development official and his background also includes over a decade of project management experience at the Kennedy Space Center. With his expertise and experience, he provides a unique consulting service to the company's industrial and corporate clients.
LOCAL INDUSTRY ASSISTANCE PROGRAM
The Corporate Real Estate Department (CRED) of Trafford Realty Company has an ongoing program to assist local industry with its expansion and the creation of local manufacturing jobs. Below are several recent examples of assistance provided by the CRED.
1. July 31, 2014, Duralloy Screws of Cocoa purchased a 20,000 square foot facility on Railroad Street in Cocoa. The company had previously been in an 8,000 sq. ft. rental property for a number of years before its expansion. With assistance from the Corporate Real Estate Department, Duralloy purchased the building for $375,000, saving over $240,000 off of the list price of $617,000. The money saved went toward more equipment for the facility and additional jobs. The CRED also identified the local bank and SBA financing which facilitated the expansion.
2. October 31, 2014, Falcon Marine, a Port Canaveral boat manufacturer, purchased a 45,000+ square foot facility in Titusville, its first company-owned production plant. After a lengthy search, the CRED found the facility for the company and helped it save $125,000 of the $850,000 list price.
3. February 1, 2015, Sea Ray Boats of Merritt Island leased a large warehouse in Cape Canaveral for the storage of boat molds and equipment. This freed up space at the Merritt Island plant for the production of a new line of yachts which will result in the hiring of over 100 new employees. The CRED found the only available warehouse in the area which met Sea Ray’s requirements and assisted with their three-year lease.
4. February 12, 2015, Advanced Solder Technology, a local contract manufacturer of electronics, purchased an 8,000 square foot manufacturing plant in Rockledge, its first company-owned facility. The CRED worked with the company for over a year to find the building and then helped it save $50,000 on the cost. Additional assistance was provided with the closing process which had delayed the company’s purchase for several months.
5. May 15, 2015, Rotation Holdings, a retailer of custom motorcycle parts, purchased a parcel of land in Cocoa for its first company-owned store and expansion. Besides marketing the property, the CRED worked with both the buyer and seller to negotiate a successful sale.
Hank Taylor, Corporate REALTOR®
Corporate Real Estate Department
Trafford Realty Co.