Approaching Space Issues, the Right Way

Client
  • Ahead LLC
Space
  • 29,512 sq. ft.
Industry
  • Technology
Locations
  • Chicago
Services Provided
  • Location Strategy & Economic Incentives
  • Transaction Management
Cresa Team
  • Allen Rogoway
  • Eric Nolin

Client Objectives

  • Ahead had a five-year growth plan to triple in head count.
  • Keep expenses low.
  • Maintain a facility that would attract and retain new talent in the Chicago CBD.

Results

  • Cresa developed pricing models that allowed Ahead to evaluate all real estate options.
  • Ahead selected a sublease at 401 N. Michigan Avenue which allowed Ahead to utilize new existing conditions at the two penthouse floors in the building.
  • The total project and relocation costs were materially less than a direct lease or full design/build.

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