2014, Q4 – Office Expansion – Case Study (JLL, Chris Watts)

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Client: Manufacturing Company 60,000+ s.f. | Expansion Challenge: Developed expansion strategy to accommodate 200+ new engineering employees, while preserving future flexibility Solution: Co-terminus expansion providing cost avoidance equal to +/-$5.0M (Face rate reduction, term reduction, & increased improvement package) 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 ORIGINAL EXPANSION ORIGINAL EXPANSION ORIGINAL

Transcript of 2014, Q4 – Office Expansion – Case Study (JLL, Chris Watts)

Page 1: 2014, Q4 – Office Expansion – Case Study (JLL, Chris Watts)

Client: Manufacturing Company 60,000+ s.f. | Expansion

• Challenge: Developed expansion strategy to accommodate 200+ new engineering employees, while preserving future flexibility

• Solution: Co-terminus expansion providing cost avoidance equal to +/-$5.0M (Face rate reduction, term reduction, & increased improvement package)

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ORIGINAL

EXPANSION

ORIGINAL

EXPANSION

ORIGINAL