Cresa assists Movado in renewing Paramus HQ

  • Movado
  • 90,050 sq. ft.
  • Office

client objectives and results

See more success stories

Client Objectives

  • Consider all relocation options to reduce costs and maximize employee talent .

  • Consider renewal option w/ NYC style space upgrades and open floor plan tailored to a fashion brand.

  • Negotiate a deal that meets costs and talent objectives.

  • Negotiate appropriate work letter allowance and potential safeguards due to future landlord uncertainty.


  • Efficiently reduced square footage by +/- 9,000 square feet.
  • Secured necessary work-letter for space upgrades.
  • Secured legal language protecting the client from landlord transition in a likely sale and ensuring timely and appropriate space changes regardless of the owner.
  • Negotiated a transaction with significant cost savings and concessions.