Contact
OWNER PORTAL

COMMERCIAL REAL ESTATE

Probo Medical

Stylized B trademark of Bradley Company commercial real estate advisor realtor, commercial property manager, multifamily management services company
Bradley Company
Specialized Services, Incentives & Location Advisory
Services Provided
Incentives Procurement
Statistics
$500,000 in total incentives
$325,000 payroll tax credits
Client
Probo Medical

Client
Case Study

Incentives Procurement

Fishers, Indiana

Background

Probo Medical (Probo) is an ultrasound equipment company based in Fishers, Indiana. Probo offers substantial savings to the healthcare community by providing refurbished ultrasound systems and probes, as well as total ultrasound probe repair solutions. By combining meaningful procurement relationships with proprietary repair techniques, Probo will be the industry’s first vertically integrated stocking dealer with full probe repair capability. Note: We have several professionals with substantial client transactional experience prior to joining Bradley Company, which is included in this case study.

Strategy

Utilizing the collective experience of over 50 years, our advisors assisted the client with estimating and procuring incentives through local and state government entities.

Results

Following the in-depth forensic review, Bradley Company advisors negotiated with the Indiana Economic Development Corporation (IEDC) to procure tax credits and a training grant for Probo’s new employees.
  • Payroll Tax Credits: $325,000
  • Training Grant: $175,000
  • Total Incentives: $500,000

STRATEGY

Probo employed one employee before the expansion and planned to create approximately 62 additional jobs over the next four years, as well as provide extensive training for these future employees. Probo hired Brian Wahl, while at a previous firm, to lead the incentives procurement process for its new headquarters in Fishers, Indiana. In addition to the Fishers location, Brian assisted Probo by comparing various other Indiana locations as well as locations in the state of California.

RESULTS

Following the in-depth forensic review, Bradley Company advisors negotiated with the Indiana Economic Development Corporation (IEDC) to procure tax credits and a training grant for Probo’s new employees.

  • Payroll Tax Credits: $325,000
  • Training Grant: $175,000
  • Total Incentives: $500,000

probo-medical-resize
2017-Probo-headquarters-building-1000x667
More Case Studies

Start The Conversation

Discover how Bradley Company’s real estate experts can help you exceed your goals.

Ask our Advisors

Services Pages LeadGen
Phone
Region of Interest
Midwest
Great Plains
U.S. – Northeast
U.S. – Southeast
U.S. – Southwest
U.S. – West

Search
LOGIN
Bradley Company commercial real estate brand logo monogram stylized letter B

Building Partnerships

Improving Communities,

 Changing Lives

Bradley Company commercial real estate brand logo monogram stylized letter B

Popup All Services Lead Gen (v2024.3.1)

Sign up for <>a href=”https://bradleyco.com/offices/”customized email updates here.