Skip Ribbon Commands
Skip to main content

Case Study

Distribution Center Cost Savings Strategy

Services

  • Industrial Real Estate
  • Site Selection
  • Financial Modeling Analysis
  • Legal advisory lease services

Situation/Challenges

  • Lagasse, Inc. initiated corporate-wide initiative to realize immediate cost savings on all real estate.
  • Lagasse, Inc. occupied +/-177,000 sqft. at their Hayward, CA facility with 18 months remaining on current lease obligation.
  • Lagasse, Inc. was paying roughly 25% over market value and wanted to take advantage of depressed market conditions.
  • Jones Lang LaSalle’s Northern California Industrial Team was hired to assist Lagasse, Inc. with their renewal/relocation stragegy and help identify immediate cost savings.

Solutions/Results

  • Issued RFP’s to current landlord and 6 competitive spaces throughout the East Bay market that would facilitate Lagasse, Inc.’s Hayward, CA operation.
  • Analyzed costs associated with of all 7 potential sites (including cost savings associated by reducing footprint through increasing clear height from 24ft to 30ft) as well as all moving costs and new TI build out.
  • Leveraged competitive situation created through RFP process to achieve 25% immediate savings on existing term while locking in a historical low lease rate for additional 5 year term.
  • Provided  lease language analysis and provided lease language recommendations
  • Projected savings $1MM  

All case studies

 

 

Orange Regional Medical Center/united-states/en-us/case-studies/510/orange-regional-medical-centerOrange Regional Medical CenterA campus expansion plan that encompasses an owner constructed and financed, new physician office building incorporating an ambulatory care center, along with an attached but separate cancer center addition and renovation. A consolidation and enhancement of outpatient care services on the Main Campus, for a collaborative and interdisciplinary approach for outpatient diagnostic and treatment services.
UCSF Benioff Children’s Hospital Oakland/united-states/en-us/case-studies/511/ucsf-benioff-childrens-hospital-oaklandUCSF Benioff Children’s Hospital OaklandUCSF Benioff Children's Hospital was designed in 3 separate zones: patient, caregiver and family, ensuring that “family centered” concepts were followed.
NetScout/united-states/en-us/case-studies/512/netscoutNetScoutNetScout was dealing with surplus space in their corporate office and interested in finding a more efficient solution. So JLL's Tenant Representation team jumped into action.