Financial Services Headquarters
Owner-side controls for a headquarters fit-out with a lease expiry that would not move.
- Owner
- Confidential
- Location
- U.S.
- Market
- Commercial
- Our role
- Owner’s representation
- Scale
- 6 floors
- Completed
- 2023
Owner-side controls and reporting for a trading floor and headquarters fit-out with a fixed lease expiry behind it.
The tenant’s old lease expired on a fixed date, with holdover rent that would have cost far more than any acceleration. Six floors of offices and a trading floor needed power, cooling and technology that had to be installed and tested before a single trader could move. The owner needed someone on its side of the table who could read the contractor’s schedule and costs critically.
The approach.
- 01
The owner’s eyes on the schedule
We reviewed every contractor update against the baseline and flagged float erosion on the technology path within days.
- 02
Long-lead items tracked weekly
Switchgear, cooling units and trading floor equipment were tracked from submittal to delivery against need-by dates.
- 03
Cost forecast against the lease
We priced acceleration options against holdover cost so the owner could make each decision on numbers, not instinct.
- 04
Move-in readiness
A move-in readiness tracker tied construction, IT and furniture to each floor’s move date.
The outcome.
“A lease date is a hard stop with a price tag. We showed the owner that price every week so the choices were easy.”
Owner’s representative, KonradBeck
Planning something like this?
Share the program, the budget and the date that matters. A senior controls lead will tell you where the risk sits and how we would bring it under control.