HELPING A LEGAL GIANT REDEFINE ITS VISION

SITUATION – To Stay or Go?

Akerman, who was occupying 118,000 RSF and had an option to terminate its lease, was considering a move. However:

  • Few office options existed with the required space
  • Staying in current premises would involve extensive and costly renovations

STRATEGY – A Case for Moving

The Blanca team got busy. We:

  • Engaged in extensive evaluation of costs related to renewing lease
  • Conducted in-depth market research to assess costs of moving
  • Recommended moving based on better total cost of occupancy
  • Moved strategically with concurrent negotiations and created competition for tenant’s occupancy

RESULTS – A Winning Outcome

Akerman’s objectives were surpassed, tight deadlines met in record time, and by leasing almost an entire new building, Akerman spearheaded a major shift in the “standard culture” of Miami’s law firms.