Managing Growth With Flexibility

Client
  • Lotte
Space
  • 22,000 sq. ft.
Industry
  • Energy
  • Engineering
Locations
  • Houston
Services Provided
  • Transaction Management
  • Project Management
  • Consulting
Cresa Team
  • Gary Lawless, Jr.
  • Ray Lopez

Client Objectives

  • Lotte was interested in establishing a North American HQ fitting a fast growing, multi-national engineering firm in a top-tier building in a tight market.
  • In addition, Lotte needed to develop a strategic real estate plan to accommodate significant growth related to upcoming projects.
  • The client needed an advisor who could provide program management for each new facility as they were brought online.

Results

  • Cresa secured space in the thriving Energy Corridor to help attract and retain talent, negotiating a tenant friendly deal that would accommodate long-term growth.
  • Cresa also executed a strategic real estate plan to help find project space under short-term commitments which created added flexibility as needed.
  • Cresa Project Management also provided full-scope construction management, FF&E procurement and workplace strategy to keep projects under budget and on time as scheduled.

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