MACY’S - 156,000 SF
CBRE was hired to assist with the relocation of a suburban location in an effort to gain functional efficiencies.
Notified Macy’s that a landlord of a current facility was selling to an owner user. This user could have future space needs that would impact Macy’s tenancy. Macy’s lease at this facility was expiring within 12 months of the sale to an owner user
Identified several cost-effective relocation options to accommodate the relocation within the short time-frame.
Leveraged the CBRE Project Management Services to lower the initial bids for move services.
Facilitated an expansion of the requirement prior to lease execution. Tenant elected to add an additional department to the relocation, doubling the size of the requirement.
Secured additional expansion rights for the tenant in the future.
