Exceeding Client Expectations

SITUATION – Competing Objectives

The Miami Foundation’s lease was ending and the organization was looking to increase space efficiency while maintaining a strong brand identity. Additionally:

  • Staying in Miami’s heart, with easy public transportation access but away from traffic, was key
  • Collaborating closely with space planners would be required
  • Securing consensus internally and among The Miami Foundation’s board could be challenging

STRATEGY – Focus and Drive

The Blanca team was on it. We:

  • Identified, surveyed and evaluated all relocation options
  • Conducted extensive financial analysis, considering The Miami Foundation’s tax-exempt status
  • Managed multiple concurrent negotiations
  • Created competition for tenant’s occupancy

RESULTS – Above and Beyond

We exceeded The Miami Foundation’s objectives, with a new lease which achieved a reduction of nearly $10 per square foot. The new lease was also centrally located in the business district and provided easy access to both public transportation and MiamiCentral, the much-anticipated mixed-use urban hub.