Expanding an Energy Company's HQ while Retaining Submarket Rental Rates

Success Story for Tom Tindall, Brooks Morris, and Mike Loy of Cresa Global Inc.
Client
  • North American Electric Reliability (NERC)
Space
  • 60,000 sq. ft.
Industry
  • Energy
Locations
  • Atlanta
  • Washington DC
Services Provided
  • Transaction Management
  • Project Management
Cresa Team
  • Tom Tindall
  • Brooks Morris
  • Mike Loy

Client Objectives

  • To expand current headquarters' location, refreshing the entire space without coming out of pocket to fund improvements. 

Results

  • Expanded headquarter location by 10,000 SF, and currently beginning Stage 1 of construction and refresh of entire facility. 
  • Extended the existing lease an additional 5 year period at rates projected to be below market. 
NERC Headquarters
NERC Headquarters

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