Global manufacturer was seeking to relocate its U.S. headquarters of 150 employees in an effort to attract upper level management and allow global access to their international customer base.
Needed a location offering a balance of labor availability, accessibility, education system, real estate and economic incentives.
Required a location with the ability to phase occupancy for the transition of their existing workforce.
The Solution
Developed a customized filtering analysis of 328 metro areas based in critical location factors.
Identified 7 metro areas offering the best operating environment for their headquarters.
Conducted an in-depth analysis of labor availability, labor costs, business climate, accessibility and economic incentives.
The Result
Identified 3 finalist metro areas and conducted on-site due diligence to further evaluate labor market conditions and the optimal submarket to locate.
Secured over $1.4 million in economic incentives equating to over $21,000 per job.
Negotiated a 30,000 square feet lease which 12 months of free rent and a $1.4 million improvement allowance.
