REPOSITIONING, LEASE, BUYOUT/TERMINATION

Project Details

Office:
IMS Healthcare

  • In 6 months – leased 122,000 SF in a distressed market with 30% vacancy
  • Property had been on the market 2 years before we were retained
  • Achieved $5.5M in lease cost savings
  • Largest transaction in that market in 5 years

  • Enabled IMS to relocate to its target property
  • Reduced operating expenses by an additional $2.5M

Client
IMS Healthcare
Transaction Types