Representative
Real Estate Advisory Engagement
AEG Partners was engaged by a public technology company with
$500 million in revenue to reduce that company's lease
obligations. As a result of acquisitions and subsequent consolidation,
the company occupied less than half of the 1.2 million square
feet that it leased across 33 locations. These obligations
compromised the company's profitability and threatened
its viability.
AEG developed solutions for each market and each lease based
on the company's position and market conditions: we assessed
landlords' objectives, analyzed the legal entities, and
studied the countless documentation used by our client. Within
90 days, AEG eliminated $3 million in annual rent, recovered
security deposits improperly retained by landlords, and arranged
sub-leases for residual, unused space.
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