Location
Central Business District
Richmond, VA
Size
26,632 RSF
Use
Office & Call Center
Services Provided
Workplace Strategy
Tenant Representation
Project Management
9 months free rent
turnkey construction
w/ minimal out-of-pocket client costs
107 free parking spaces
in building covered garage
Case Study:
Real Estate Goals
Consolidation of three offices
Convert to open office environment with client interactive space
Improve employee and prospective client experience
Solutions
Proposed office use of intended retail space
Leveraged previously negotiated deal terms
Created additional space through construction of mezzanines
Challenges
Combining three offices from separate sub‐markets
Securing 4/1000 parking in the CBD
Timing – condensed project schedule to meet preferred occupancy date
Space needs increased during process and negotiation
Result
Achieved lease terms containing favorable renewal, termination and expansion options
Maximized project efficiency through combination of workplace strategy, brokerage and project management