Corporate Advisory Services Case Study
Fortune 100 Company
A Fortune 100 company was facing escalating lease rates at its Midwest US Distribution Center. The company also needed to relocate to larger facilities, 14 months prior to its lease expiration.
NRES helped to significantly reduce occupancy expenses for its 1 million S.F. Midwest warehouse/distribution requirement. Through the use of a very detailed Building Specification and Request for Proposal, along with detailed market analysis, NRES was able to reduce this client's occupancy expense by over 20%. Most importantly, through aggressive market management and a thorough understanding of the development pricing process, NRES was able to secure a flat lease rate for the entire 11 year term, eliminating all lease escalation risk.