How California-based Cabrillo Credit Union Transformed Its Headquarters for Growth and Operational Efficiency
A smarter move toward the future
Client
Cabrillo Credit Union
Location
San Diego, California
Size
20,060 square feet
Cabrillo Credit Union outgrew its headquarters. Not just in size, but in function. The building was outdated, inefficient, and no longer aligned with the organization’s vision for growth. The leadership team knew it was time for a change, but they needed more than a new address. They needed a strategy.
Our team stepped in with a comprehensive, data-driven approach. The process began with a retrofit study to assess furniture, technology, and operational inefficiencies. Then came a deep dive into employee growth and drive-time patterns, ensuring any new location would support both current staff and future expansion. A Broker Opinion of Value (BOV) helped the board understand the market potential of their existing headquarters, while a full market search — including off-market opportunities — opened up new possibilities.
The result? A brand-new headquarters with modern systems, upgraded furniture, and state-of-the-art technology. The location offered ample parking and improved accessibility. But the real win was financial: a short-term leaseback to the seller secured a $160,000 annual return for three years, and the sale of the former headquarters (as-is, to an all-cash buyer) covered the majority of the cost of the new building.
Through smart planning and expert negotiation, Cabrillo Credit Union didn’t just relocate, it leveled up. The new headquarters is more than a building; it’s a foundation for what comes next.
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