Case Studies

Strategizing and streamlining large real estate portfolios is no easy feat. But we’ve done it before and we are equipped with the processes and expertise to do it again. 

Case in point… 

On behalf of one of our clients, we manage a real estate portfolio consisting of: 

  • 19 medical offices and other buildings totaling 1.3 million square feet 
    • 569,000 square feet of expense leases
    • 222,000 square feet of income leases
    • PLUS 45 acres of land with an aggregate value of $271 million

We successfully: 

Acquired 11 strategic real estate assets with a value of $33 million and 55 acres of real estate holdings with a value of $21 million.

Sold 24 real estate assets with an aggregate value of over $72 million.

Reduced third-party expense lease obligations of approximately 190,000 square feet and saved $15 million over three years.

Increased capitalized value of office buildings by revising leases to escalate rent and capture pass-through expenses.

Streamlined the real estate decision-making process from 32 people to 1. 

Implemented and upheld strict compliance policies. 

Created stand alone accounting for medical office buildings to contain costs, implement economy-of-scale vendor bidding and selection, and improve ROI on capital expenditures.

Managed the RFP process, selecting third party developers and owners for 7 buildings totaling 600,000 square feet. 

Negotiated all contractual relationships and deal structures to protect and benefit the client.