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Case Study

Increased space utilization saves millions

​Situation / Process

JLL began supporting First Tech in 2011 for facilities, real estate and project management assignments.

  • Provided consulting services related to a merger, developed new branch standards and an integration plan for approximately 350 staff and addressing expiring leasing

Results

  • Overall $2 million reduction in real estate expenses over 60 months (year 1)
  • Currently managing a program that will increase utilization by 40% and avoid $1.5m in new RE costs annually
  • Program is restacking 170,000 s.f. over 20+ phases

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