NEWS RELEASE - June 11, 2014

The mission of Lakeland Community College, based in Kirtland, Ohio, is to provide quality learning opportunities to meet the social and economic needs of the community. In order to best serve its population, Lakeland began building a presence in Madison, OH in 1994 and developed its campus there in 2004. The Madison location, known as Lakeland East, serves as many as 350 students each term.

The Lakeland East facility, located at 201 Water Tower Drive in Madison, OH, recently signed a lease for another 5 year term with an option to renew the lease for an additional 5 years.

Rick Ferris, President of Sequoia Realty Corp., represented Candace and Walter Shaw, landlords of the Lakeland East building. After selling the building to the Shaws in 2009, Ferris has represented them in the subsequent lease negotiations with Lakeland Community College.  The Shaws, who own the property while living in California, feel confident having Ferris represent them in negotiations in their absence. Per Shaw, Ferris is “honest and professional and I trust him to handle our affairs.”

Not only did Ferris and Sequoia Realty Corp. represent the Shaws, but he also acted as the mediator during the 6 month negotiation process to help Lakeland and the Shaws come to an agreement on the terms of the most recent lease renewal.

According to Mike Mayher, Senior Vice President of Lakeland Community College, “I’ve worked with Rick and Sequoia on several occasions. He is hard working and provides outstanding service; he offers great integrity and transparency and is diligent and fair.” 

Although Ferris was representing the landlord, he offered the same level of professionalism and respect to Mayher and Lakeland Community College to reach an agreement that serves the purposes of all involved.

Per Ferris, “although Sequoia’s services were employed to represent the building owners, I still like to take into consideration the needs of the lessee. Lakeland Community College strengthens eastern Lake County by maintaining a campus that is convenient and accessible to their population.  Sequoia Realty is proud to play a role in this important community resource.”

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