Issue:
Their business had changed and the new owners of the building wanted to charge the company above-market rates based on its 40-year history in the building.
Solution:
Avocat helped our client select a workplace designer who completely redefined the company’s requirements to create a more open and collaborative space. This gave the existing space a disadvantage in that renovation of the legacy space would be disruptive. This also gave them negotiating leverage with the existing landlord and freed them to also consider other options.
Result:
Ultimately, Avocat moved our client across the street into a newer, nicer space with better views and a lower rate than what was offered on a renewal. The landlord provided a turn-key buildout to our client’s ideal specifications and covered moving costs with free rent.