INTECH

SITUATION

  • Intech was occupying 50,000 square feet in Palm Beach.
  • The building traded multiple times and the landlord was looking to increase rent.

STRATEGY

  • Identify options in the CBD where they can maximize their operational efficiencies and lower their real estate costs.

RESULTS

  • Identified contiguous floors in a CBD building
  • Opportunity to reduce footprint by 50% with ample room to maintain current headcount and accomodate future growth.
  • Below market rental rate and favorable terms and generous concessions package secured.