| The initial situation was a cobbled-together mess of multiple office buildings that had HVAC and mold problems and did not meet the configuration requirements of the organization. CBRE managed the expectations of the full Board of Directors of this public sector entity in selecting a new 35,000sf office and meeting facility with large training and parking requirements. The scope included identifying, touring, comparing and presenting all available options to purchase and lease in the target area. |
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Compiled a detailed Needs Assessment over multiple interviews with multiple
levels of stakeholders. CBRE Project Management was brought in early, selecting an architect and developing a timeline that provided comfort and benchmarking for the client. Identified and toured on multiple occasions and helped distill the best opportunities. Then compiled a non-economic comparison showing the relative merits of each opportunity as well as an economic comparison showing the bottom line total and line item cost of each.
Multiple acceptable options were identified during the tours and detailed analysis prepared for the client by CBRE. Keeping multiple viable options on the table during the negotiations allowed a the CBRE to drive a below market rate concession late in the game that resulted in an amazing concession for the client. |
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