We believe the space you occupy should actively enhance and support your core business strategy, providing you with a return on your investment in your property.
In the current climate of changing workplace occupancy strategies we use our experience to deliver the best outcome for you, whatever degree of flexibility you require. We draw on our network of partner organisations to optimise all aspects of your operational real estate.
Considering a relocation or opening a new office, lab or manufacturing space? We will undertake a needs analysis, understand your current position, search the market for options, define a strategy for and lead on lease negotiations and supervise matters through to completion of the new lease. We can also advise on the exit strategy from existing premises. We will leverage our network to identify off market opportunities where these best meet the needs of our clients.
Do you have space that’s surplus to your needs? We will assess the options available to you and use our market knowledge to minimise your remaining liabilities.
Case Studies
International Technology Company
Strategic Portfolio Review
Portfolio review undertaken on behalf of a 500+ person business across multiple sites to inform near and long term property strategy. Work included:
- Needs analysis
- Market search & availability
- Financial analysis
- Option appraisal & scoring
FTSE 100 Business
Option analysis including stay & expand, full relocation or a multi-site strategy undertaken on behalf of a FTSE 100 business for 2,000+ roles. Work included a Portfolio Option Analysis including:
- Exit strategy for existing space
- Project phasing
- Market availability
- Site assessment matricies
- Financial appraisals
across a complex range of options.
Circle Square
Search & Acquisition
Core & flex space acquired for a NYSE tech company’s entrance to Manchester market involving the relocation of 200 roles to a market leading scheme. Advised on:
- Site selection – crucial to ensure project success in a new market through supporting the talent agenda.
- Complex commercial lease negotiations to secure initial flex space and conventional pre-let space with flexibility to support business growth.
IWG
Acquired 116,000 sq ft in a pre-let of a new build Grade A office during construction on behalf of the world’s largest flexible space operator. This site became their flagship for their Spaces brand in the largest ever flexible operator letting in the North.
Dentsu
Disposal of Surplus Space
Following a portfolio optimisation as a result of M&A activity we marketed a surplus satellite office, successfully securing a new tenant via assignment and minimising remaining lease liabilities for our client
PZ Cussons
Leveraged market awareness of other office demand to secure early release from remaining lease liabilities for the tenant in an off market transaction before marketing the space became necessary.
Information
To discuss our services further please get in touch below
Jamie Bottomley
Director
07788 975 465
jamie.bottomley@trackrealestate.co.uk