Headquarters Relocation

Objective: A national administration needs to relocate HQ offices from Washington to six regional locations throughout the US. Determine an array of cities in each of six regions which will be the most suitable for relocation targets.

Process:

• Identify criteria in cooperation with the client, which will be used to determine the most desirable locations.
• Develop appropriate data sets for study.
• Analyze aggregated data, weight and rank most appropriate cities in each region.
• Document methodology

Solution:

• Three to six cities which ranked the highest were selected in each region.
• Power point presentation prepared and draft presented for client review.
• Formal presentation scheduled for first quarter 2010

Client Profile: National Administration, HQ in Washington, D.C. since its inception. We have completed 19 assignments for this client. This is the second major consulting assignment in the last year.

Tenant Representation
Objective:  Identify and implement a new real estate model for a national company.

Process:  Review the financial implications with the company changing from a retail based operation to an office-based operation.  Locate office space for the company in an office market that was not open to a perceived retail use in their buildings. 

Solution:  Contacted a building owner and explained the benefits of leasing their office space to this company and successfully negotiated terms and conditions that met both party’s needs.  We worked through the city requirements for this change by hosting negotiations with the heads of the city planning department to allow a reclassification of use.  Our client was able to increase their net operating income with the rent savings while not affecting the services being provided to their clientele.

(Case studies are changed periodically so we’re not boring!)