Success Stories

Bunzl USA

St. Louis, MO
35,166 SF
Cresa St. Louis
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Client Objectives

Bunzl USA, a distributor of food packaging, disposable supplies, and cleaning and safety products, engaged Cresa St. Louis to assist it in outlining its needs and goals, as well as identifying, reviewing and evaluating its real estate alternatives.  Bunzl had been in its existing location for over 20 years with multiple expansions and was at a crossroads with an outdated work environment and a number of building issues that would need to be resolved in order to stay in the building.  Alternatively, a relocation would give Bunzl a chance to modernize its work environment and consolidate several departments under one roof.  Additionally, Bunzl had recently invested dollars into upgrading its data center and the question remained whether the data center could be relocated efficiently and cost effectively.

The first order of business was to establish Bunzl's strategic goals and objectives.  Bunzl preferred:

  • A more progressive image with room for growth
  • Space that would be functional, efficient, open and accessible while minimizing occupancy costs
  • Central location for easy access to highways and Lambert International Airport.  Its business involved extensive inbound and outbound travel.
  • Building amenities which included a fitness center, 50-60 seat conferencing facility, food service and covered parking with area amenities including a choice of restaurants and hotels nearby

The final site/building selection was driven by price, space efficiency, and professional image that reflected Bunzl's culture.

Cresa Team Members

Results

Cresa identified a number of possibilities, helped Bunzl narrow its choices and provided an in-depth, detailed comparative building and financial analysis (including construction cost estimates for office and data center) covering every scenario.  With Cresa's knowledge and guidance, Bunzl was able to negotiate very favorable lease terms meeting all of its criteria.

Additional Assignments

Bunzl also engaged Cresa's Project Management and Move Management services to manage the design and construction of its new space (including the data center), furniture procurement, and the relocation to the new premises.

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