OIA Global, a leading worldwide transportation solutions provider, needed to relocate its global headquarters to a downtown location better suited to their growth and more reflective of their brand. In addition, it needed to meet a list of specific space and expansion requirements. Peter Andrews and Nick Ehlen developed a timeline and process in order to expedite a review and analysis, and move the firm into new space in 12 months or less.
Market conditions made it challenging to meet the company’s space requirements in a close-in urban environment. While the property search was still underway, Melvin Mark suggested OIA begin work with an architect right away to think through their space needs. The preliminary work helped in the evaluation of the property short list. Once the transaction was finalized, layout options were analyzed, furniture was purchased and the coordination of the renovation was locked in place. In the end, OIA Global moved in on time, and their 33,000 square foot lease was negotiated with exceptionally favorable economic terms — including free rent and tenant improvements.
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