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Cres Solutions
Cres Cres

Success Stories

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Success Story - Austin Regional Clinic


Savings: $1,000,000 and an increase in bottom-line revenues

Issues:

  • Current facility inefficient
  • Moving both disruptive and costly
  • Parking ratio was inadequate at 1:250
Results:
  • Negotiated aggressive rental rate and purchase option at an undeveloped site
  • Helped offset move and construction costs by negotiating free rent and an aggressive Tenant Improvement Allowance
  • New design increased company's bottom line by decreasing the amount of square footage needed by the doctors/patients

“Molly Anderson and the team at CRES significantly increased the amount and scope of improvements the Landlord had originally proposed, reducing our out of pocket expenses for build-out.  Their thorough and energetic approach reflected their market knowledge and commitment to their clients.”    

-Van R. Hoisington, President and Chief Investment Officer

 
 
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