News
OUT OF FRYING PAN, INTO FOUNDRY
March 13, 2012
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| Proof that today's hip young business tenants don't want the traditional office building experience: Meet Dhruv Agarwal, Ben Inadomi, and Nik Patel, owners of True Fabrications, the wine accessories company they started after being inspired by cool jute wine bags from India. (Like all hip business people, Dhruv is modest about the company's origins: "We kind of didn't know what we were doing at first, but now we do.") When it came to finding an HQ, however, Dhruv, Ben and Nik knew exactly what they wanted: "cool, funky offices," Dhruv says. "Something that could hold up to 60 employees, be in a central location, and represent who we are." |
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| That in mind, True Fabrications purchased the 7,500 SF Fremont Foundry this month for $2.7M. It plans to use the space to house its offices, a restaurant, and wine-tasting rooms. Colliers? Tish Johnson and Mary Ann Yanni repped the seller, with the young entrepreneurs representing themselves in the transaction. After seven years in SoDo, the company plans to shift its warehouse to Kent (where it will get lower rates) and do its day to day in Fremont (where there will always be a place nearby to get a glass of wine at the end of the day). "We hope this will enhance our work culture," Dhruv says. We can raise a glass to that. |
