Commercial Real Estate Savings
Pinnacle Center, Pinnacle Way, Norcross, Georgia
New space standards and reconfiguration reduced space from 125,000 to 112,000 Sq. Ft.; Renewed / recast new 10 year lease; Updated lease document to reflect new / current business practices
# Reduced excess parking costs 60%
Northwinds, 11605 Haynes Bridge Road, Alpharetta, Georgia 30004
Negotiated a full build-out allowance to include upgrades in lobby and conference room; Negotiated concession package to include significant free rent.
25Aug2008 | Rick Lackey | Continued
Royal Ridge, 11680 Great Oaks Way, Alpharetta, Georgia 30022
Negotiated a full service rental rate that was 30% below the market rental rate.; Negotiated significant free rent.
25Aug2008 | Rick Lackey | Continued
100 Colony Square Building 1175 Peachtree Street NE, Atlanta, Georgia 30361
Negotiated a concession package to include three months free rent.
25Aug2008 | Jason Calvo | Continued
One Atlantic Center, IBM Tower, 1201 West Peachtree Street Atlanta, Georgia
Negotiated a sublease rate 40% below market rents; Negotiated significant free rent inside the lease term; Negotiated a tenant improvement allowance that could be applied toward moving cost and furniture.
25Aug2008 | Jason Calvo | Continued
Pershing Point Plaza, 1375 Peachtree St NE, Atlanta, GA 30309, (The Burks Companies)
The Burks Companies hired City Commercial to find a new building to purchase which would serve as their new corporate headquarters. As a result of limited options that met all of their requirements in their desired location, we found them a short-term office sublease opportunity just down the street from their previous location.
25Aug2008 | Jason Calvo | Continued
Pershing Point Plaza, 1375 Peachtree St NE, Atlanta, GA 30309
Renegotiated client’s lease with existing landlord at a rental rate $2 per Sq. Ft. below what they were previously paying.
25Aug2008 | Jason Calvo | Continued
174 Carroll Street, Atlanta, GA 30312
Purchased client a 6,000 Sq.Ft. Building; Negotiated $70,000 off of original sales price of building $750,000 to $680,000; Assisted client in locating building and assessing the properties highest and best uses.
25Aug2008 | Jason Calvo | Continued
13000 Deerfield Parkway, Alpharetta, GA 30004
Corporate headquarters relocation from Columbus, MS.; Evaluated 160 buildings in three different submarkets.; Saved $120,000 through value engineering construction costs.; Improved final concession package over $250,000 from first proposal.
21Aug2008 | Rick Lackey | Continued
80 W.Wieuca Rd, Suite 302, Atlanta, GA 30342
Requested to identify office space for client within three days and within one mile radius of HQ retail store after receiving $6 million of venture capital funds for store expansions; Secured appropriate office space within one day
21Aug2008 | Jason Calvo | Continued