Real Estate Strategy and Implementation for Large Community Credit Union

Success Story by Tom Tindall, Brooks Morris, Mike Loy, and Jason Jones for LGE
Client
  • LGE Community Credit Union
Space
  • 60,000 sq. ft.
Industry
  • Financial Services
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Locations
  • Atlanta
Services Provided
  • Transaction Management
  • Project Management
  • Technology Advisory Services
Cresa Team
  • Tom Tindall
  • Brooks Morris
  • Mike Loy
  • Jason Jones

Client Objectives

  • Strategic Planning: Identify and analyze scenarios for corporate headquarters, comparing “Lease vs. Own” from a qualitative and quantitative perspective.
  • Determine highest and best use for corporate headquarter asset.
  • Determine best location and facility for headquarter relocation.
  • Create a strategic plan for branch facilities.
  • Create a strategic plan for corporate Technology and Communication functionality and providers.

Results

  • Disposition of Corporate HQ (430 Commerce Park Dr.) at above-market price.
  • Strategy and implementation of corporate relocation to Cumberland Center II using Transaction Management and Project Management, incorporating space utilization programming and negotiating skillsets.
  • Relocation of data center to hybrid colocation facility and cloud computing environment using Cresa's Technology Advisory Services Service Line.
LGE Community Credit Union
LGE

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