Success Stories

NetIQ

Houston, Texas
55,380 SF
Cresa Houston, TX
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Client Objectives

NetIQ is a global enterprise software company based in Houston. NetIQ’s objective was to relocate its global headquarters in order to reestablish its corporate culture which had become diminished over 15 years at the same location. The headquarters contained a large data center and other technical components that needed to be relocated and reconstituted with no downtime. NetIQ wanted to reinvigorate the employees and create an open and collaborative environment that reflected a mature software company in order to attract, support, and retain the best talent in the industry.

Cresa Team Members

Results

Cresa utilized strategic planning to organize the process and identify the top submarkets to conduct a search for optimal space. After guiding NetIQ through the decision process the company ultimately asked Cresa to negotiate a lease at 515 Post Oak Boulevard in the Galleria/Post Oak Park submarket for the top three floors of the building. The lease provided for multiple signage options on the building thus creating a worldwide headquarters. Numerous concessions and options were achieved through tactical transaction management and the collaborative space was completed on time and within budget through the utilization of Cresa’s project management services.

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