How Cresa Helps Companies Find the Optimal Office Space (Part 1)
In my role at Cresa, I bring a team with extensive expertise and resources to help your company achieve your goals. We think beyond space to get occupiers the best results and enhance quality of life for our clients and their employees. The Cresa advantage is that when I work for you as a tenant broker, I represent your interests 100% of the time.
For the next 2 weeks of blogs, I will talk about the various
services that we bring to your company to help you find your perfect office
space. You may be thinking about
expanding, downsizing, or reconfiguring your office space, or you may be nearing
the end of your lease. If you are in any
of these situations, please consider starting a conversation with me – www.tenant-broker.com.
Intelligent Workplace Planning
An
intelligent workplace will support your people and your business strategy.
As labor and space continue to be among the largest costs for most corporate space users, it’s important to implement a workplace environment that encourages productivity and supports your business’s goals. We provide workplace intelligence that improves business outcomes, drives results and supports your overall objectives.
Advances in technology, changing office trends and a
multi-generational workforce are constantly shifting workplace values. Our advisors help you understand the
opportunities and challenges created by these variables. We employ surveys, space utilization studies,
focus groups, pricing models and business process mapping to ensure that the
data we gather will be used to create the right work environment for your
company. Our flexible approach and use
of industry-leading technology will enable smarter decision-making around your
improved space.
Based on your different priorities, our experts will help
you build a workplace vision that meets your unique requirements. We measure
performance and suggest tools that may:
- reinforce culture;
- assess occupancy costs;
- increase space efficiency;
- attract and retain employees; and
- improve change management and communication.
We also create augmented and virtual reality models for you
to walk through so you can experience your new space before moving in. Finally, we’ll help drive the organizational
changes needed to ensure a smooth transition to the new workplace for you and
your employees.
We specialize in objectivity and use comprehensive
research.
Our team will collaborate with yours to choose the right
work environment that best supports your business and its services. We will also show you how certain scenarios
will play out in real life.
Assessment
We help you examine the opportunity for incentives by
considering available programs, the value of each of these and the
administrative upkeep. Our team creates
multiple business models to determine operational improvements to your current
location and examines all economic development incentive opportunities
available for your footprint. We begin
by researching state and local economic development strategies and incentive
program statutes. Following economic
development organizations’ interpretations of these statutes and other similar
completed deals, we study how different companies in different industries are
using these programs to execute projects. Using this information, we create an
Incentives Assessment that profiles each relevant incentive opportunity that
may be available to your company.
Negotiation
With the Assessment complete, we approach economic
development organizations in each geography with a pitch and negotiation
strategy to maximize the incentives’ value and usability.
Contracting
Collaborating with your in-house council and local attorneys
specializing in incentives contracts, we create an agreement between the
economic development organization and you, our client.
Compliance or Administration
Once secured, our team will manage the administration of the
incentive program that was selected to ensure it’s properly executed.
Economic development incentives are programs and funds made
available to companies by economic development organizations. These organizations are at the state and
local levels to encourage growth within their jurisdictions. Over the past five years, our engagements
total over $350,000,000 in identified value with completed incentive deals
ranging from less than $200,000 to over $39,000,000.
When assessing the best location to drive your operational goals, we evaluate the following:
Facilities
Let’s determine what kind of space you’ll need, given your
short-term and long-term goals.
Feasibility
These analyses assess the varying operating costs associated
with different locations.
Logistics
We’ll evaluate the supply chain and transportation options
and costs for the prospective facilities.
Labor
What are the factors surrounding the availability of talent
specific to your industry?
Community and Site
We examine whether your company will be compatible long-term
with a prospective community
Trade Zones
The United States has about 170 free trade zones with
reduced restrictions on customs requirements.
Governmental and Environmental Regulation
To mitigate the risk of run-ins with regulations and
restrictions, we first understand these obstacles.
Incentives
Incentives play a significant role during site selection and
we critically assess them during every project.
Location strategy is based on variable including cost,
customer access and corresponding revenue generation, labor availability,
supply chain efficiency, corporate image and the regulatory. It is business-driver focused easily confused
with site selection, which is real estate focused.
Let’s
start a conversation
If your business is expanding, contracting or close to lease
expiration, now is the time to contact us to find the perfect space for your
business. We create a strategy to first look at your business operations and
current space and then craft up a plan to find something that is a great fit in
the area. With the current vacancies and
inventory, we will work with you to get the best deal. We represent tenants ONLY, so you can feel
comfortable that we are working for your business 100%. If we can help you by being your tenant
broker in the DC, Maryland, or Northern Virginia area, visit my website or call me at
301-841-6542. Make sure to follow all my
social efforts by clicking on the links below.
exclusively representing corporate tenants on all commercial real estate needs.
Commercial Tenant Broker
2 Bethesda Metro Center, Suite 900
Bethesda, MD 20814
301-842-6542
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