Experience

X-Rite is a leading provider of color measurement solutions comprised of hardware, software and services for the verification and communication of color data. The company serves a broad range of industries, including photo, digital imaging, graphic arts, industrial and retail color matching, medical and dental. X-Rite serves markets in over 88 countries, with offices throughout Europe, Asia and the Americas.

X-Rite came to Pollina Corporate Real Estate looking for assistance with identifying and securing a long-term solution for its global headquarters, research and development, and manufacturing capabilities. Pollina Corporate was engaged to assist with strategic planning and lead X-Rite from site selection and state and local incentive negotiations through the acquisition of its new facilities and disposition of their former campus. X-Rite plans to hire over 300 new associates and spend $44.5 million over five years on the new facility, including building, machinery, and equipment.

"The Pollina Corporate team worked with us from A to Z, maintaining the consistency necessary to pull off such a complicated series of transactions. As a public company, we are committed to maximizing shareholder value. The incentive package negotiated by Pollina Corporate helped to ‘green light’ a project that will be critical to the success of our long-term growth strategy. Their technical expertise demonstrated during the acquisition and disposition stages enabled us to manage the risks associated with such a big move. With Pollina leading the project as a third-party, X-Rite was able to avoid any potential disruption to our business and, most importantly, our employees."

Jeff Smolinski
Vice President
X-Rite

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