REPOSITIONING, LEASE, BUYOUT/TERMINATION
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