Glaucoma Consultants was facing expiration of their medical office lease and retained Cresa Albany to assist with negotiations. Based on their own informal assessment of area rates they expected a rate reduction.
Cresa Albany conducted a space programming and right-sizing analysis that identified a significant amount of unneeded space in the client’s lease. Cresa Albany then carried out an extensive site search and analysis to establish a picture of the market.
By following Cresa Albany’s proven process of thoroughly evaluating the client’s needs and real market conditions, the new lease exceeded the client’s expectations of possible savings.