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