Objectives
GPW & Associates were located in several different suites in the same building creating inefficiencies in space utilization and duplication of filing and office systems due to the Firm’s ongoing growth. The client realized that they needed to plan for future growth and wanted to have all operations housed in one facility.  GPW& Associates primary focus was to own their own building instead of Leasing. Strategic Commercial Realty was brought on board to evaluate the Firm’s growing space needs, provide market information as to available properties for sale and for lease, and to analyze the various options and present them in a bottom line, apples to apples comparison.

Results
Doug spent the better part of a year assessing the options for purchase and the costs of potential reconfigurations verses the merits of leasing when GPW & Associates settled on moving forward with a lease arrangement. Doug was able to negotiate for a new space in the clients existing building which consolidated them on one floor and allowed for future expansion in a preplanned arrangement offering a sensible plan for the Firm’s future growth.  The new lease represented a reduction in the rental rate of 24% on a per-square foot basis and a complete build-out at the Owner’s expense.