The Tenant needed to move quickly and on an economic budget. Hempel provided below market rates, tenant improvement allowances, and free rent incentives.
Assisted the client in negotiating a Landlord buyout of their existing lease and upon a successful buyout of their lease, the client was looking to upgrade the quality of the building and their space. The goal was to relocate to a trophy Class A building in Downtown Minneapolis and find space that fit within an economical budget.
Competitive Advantage - Identified Landlords that were aggressively pursuing new leases and solicited proposals from three buildings.
Innovation – Introduced award-winning, ESG Architects & Design and a construction team that was cognizant of the Client's timing. The team delivered a creative and functional space with great design elements that included open ceilings, a tenant-exclusive patio, and gathering/break-out space for team meetings and functions.
Value Creation – Exceeded Client's expectations for the budget by leveraging proposals to provide the Client with below-market rates, tenant improvement allowances, and free rent incentives.
Tenant representation services
Your company relies on its space to operate efficiently. Hempel provides you with solutions that will drive your productivity and reflect your business culture.