Global accounting software firm sought a unique location in the Triangle.
Required over 40,000 sf that met specific corporate culture specifications.
After meeting with the client, our team toured several properties and narrowed the selection to three locations.
Challenges
Client required over 40,000 square feet and room for future growth, as well as a setting to accomodate a town hall setup and tiki bar for company functions.
Client’s budget presented challenges, as well as leveraging size and credit.
Results
A location was secured where ownership was excited about the tenancy and willing to offer additional incentives to gain their business.
Our team negotiated a fully-furnished temporary space of ±15,000 sf for six months, at no charge – an approximate $250,000 savings to the tenant.
American Tobacco Campus, which overlooks the Durham Bulls Athletic Park was the perfect setting for the tiki bar and cookouts. The two–floor location offered stadium seating in a town hall setting.
Our team negotiated a higher than market tenant improvement allowance,that equated to an additional 35% of tenant improvement dollars.
