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Headquarters Relocation

The Challenge

  • 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.

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