Berkley, MI – November 21, 2022 – EIG14T | 814 CRE LLC, a national commercial real estate developer, and Clutch Coffee Bar, announced their strategic partnership, paving the way for both companies to maximize their opportunity for growth. Their partnership creates an avenue for both Clutch and EIG14T to meet their respective company goals, by expanding into several southeastern U.S. markets. Their collective goal includes plans to grind into the drive-thru coffee industry with 50 ground-up developments over the next 3-4 years.
“We’re excited about partnering with a company who has proven success and extensive experience,” said Darren Spicer, CEO of Clutch Coffee Bar. “This partnership provides a roadmap to developing the brand and achieving our company goals.”
“Their team has already accomplished so much without us, and we are excited to see how our expertise can help propel them further,” said Reed Fenton, CEO of EIG14T. “They have an electric management team that has created a positive and energizing culture from corner office to drive-thru window.”
About EIG14T | 814 CRE LLC
Enriching Communities Through Real Estate – Created in 2014, EIG14T is a commercial real estate firm designed to serve as a turnkey real estate partner for net-leased operators. With a focus on education, health, and wellness industries, and experience in over 30 states, EIG14T has few limitations to their ability to add value to their clients.
About Clutch Coffee Bar
Redefining the drive-thru beverage experience – Founded in the Carolinas in 2018, the leaders of Clutch have over 20 years’ experience in the drive-thru coffee industry. Paired with their passion to become a pillar in their communities, Clutch is determined to build the best drive-thru experience on the planet.