Case Studies

Client is one of the nation’s largest lesbian, gay, bisexual, transgender, and queer (LGBTQ) organizations. With an annual budget of over $145 million, the agency serves more than 35,000 adults and youth in its diverse health and social service delivery system focused around seven major programmatic divisions: primary medical care, behavioral health, research, HIV/STI prevention, youth services, elder services, and community initiatives.

VCRE provided lease review and administration, financial analysis, space programming, site selection, relocations, acquisitions, and development consulting.

Fortune 200 Food Service and Facilities Service Firm

Surveying the company’s real estate portfolio, excess space was located in the 309,000 SF healthcare laundry building. A study determined that sufficient space existed and if renovated, it could serve as a co-located facility for the two divisions. The existing industrial lease had 6 years remaining term. Lease restructure negotiations commenced with a goal of achieving landlord funding of the renovation.