Blackpoint IT Services provides communications, cloud computing and internet connection and security systems for business. It has two offices in Arizona and one each in Seattle and Portland. The company wanted to move its Tucson office into a more modern space with a more functional work environment.
Challenge
The company wanted to work quickly to relocate in a tight rental market that favored landlords.
Response
Commercial Real Estate Group of Tucson got clear direction from the company on their Tucson office space needs. Using its contacts and deep knowledge of the current market, it found several sites that the company could consider.
The Tucson management team toured spaces on that first list. From there a short list of final sites were toured by company senior managers.
CREG Tucson negotiated a lease for the final choice.
Results
Using the two-step site tour process, the company was able to quickly find the right Tucson office space for their needs. The client got lease incentives, including a liberal tenant improvement allowance and free rent.
Take-aways
Use a tenant representative who knows the market, including Tucson office space that has not yet been put on the market.
- A two-step process of evaluating a site is a good strategy for quickly weeding out what doesn’t work and focusing on space that does.
- Knowing your needs, including a certain aesthetic of your space, is crucial in quickly finding a site.
Contact me for details on this case study and how the strategies could work for your business. 520-299-3400.
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