Miami Herald
Averting a News Breakdown
SITUATION – Many Requirements, Little Time
When the Miami Herald’s headquarters were sold by its parent company, the newspaper was in a time crunch to find and move into a new space meeting several challenging requirements:
- Large space needs, including offices (160,000 SF), production facility (119,000 SF) and 700+ parking spaces
- Narrow geographic boundaries and budget
- Time constraints as production facility had to be ready in 18 months
STRATEGY – Seamless Teamwork and In-Depth Analysis
The Blanca team got to work. We:
- Assembled consultant team of development and construction professionals
- Conducted full market assessment
- Presented several options to client
- Managed multiple simultaneous negotiations
RESULTS – Success Well-Worth Heralding
The Blanca team secured a long-term lease for the Miami Herald’s corporate offices, negotiating the purchase of the adjacent six-acre site to build the production facility, at highly attractive economic terms.
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