Centralized Lease Management and Saving Money Meets Corporate Objectives

Client
  • A Global Paper Products Company
Space
  • 5,000,000 sq. ft.
Industry
  • Industrial
Locations
Services Provided
  • Lease Administration
Cresa Team
  • Deborah Raybon
  • Jana Casas
  • Zephorrah Baksh

Client Objectives

  • Centralize the management for over 700 expense and income leases in a web-based technology platform.
  • Avoid missing critical lease dates.
  • Save money and reduce occupancy costs.
  • Ongoing quality data management for strategic portfolio planning.

Results

  • Single point-of-contact established to address all portfolio management issues.
  • All leases and subleases are abstracted and managed in a database that is easily accessible by company personnel from coast to coast.
  • Risk mitigation with reports and tools that executives and management use to ensure they focus on the most important critical data.
  • Cost Savings: Annual desk-top audits performed on Landlord billings have resulted in savings of over $1.5 million dollars from 2007 to 2017.
We wanted an office that mirrored our reputation: distinguished, professional and high-quality. From the beginning, Cresa understood our business objectives and what we wanted to achieve. Thanks to them we’ve achieved a substantial increase in the space at our site and are well on our way to buying our future home

A Global Paper Product Company
 

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