Fortune 500 Company Optimizes Workforce, Economic Incentives & Real Estate

The Challenge

  • Fortune 500 financial services company was seeking to diversify their operations through the establishment of a new regional operation center for over 700 employees. 
  • Needed to hire Series 7 financial advisors who consult with clients on life planning, insurance and investments. 
  • Needed a location that offered the optimal balance of skilled labor, market scalability, overall cost of doing business, real estate and economic incentives.

The Solution

  • Developed employee profiles for each business unit based on skill-sets, educational attainment, licenses requirement and industry experience. 
  • Filtered 930 communities based on a complex process to identify 8 metro areas meeting the general criteria for the project. 
  • Conducted a comprehensive analysis to identify 2 finalist metro areas where identified for on-site due diligence and negotiations.

The Result

  • Identified Dallas, Texas as the optimal location after extensive tours of the finalist locations.
  • Conducted an in-depth submarket analysis of the Dallas metro area to identify the optimal submarket.
  • Secured a 100,000 square foot facility on the busiest transportation corridor for maximum exposure.
  • Negotiated a cash grant of $250,000 from the City of Addison.
  • Negotiated a cash grant of $1.0 million from the State of Texas Enterprise Fund.