Case Study: Guardian Life achieves simultaneous three-city, below-market, on-time office relocations with Cresa

Acquisition of business that needed to relocate

Guardian Life, following an acquisition, needed to relocate about 50,000 square metres of office space across India while coping with climbing rental rates, tight timelines and a requirement for discretion. They engaged Cresa for Transaction Management and Consulting to evaluate options within a one-mile radius and survey lower-cost alternatives beyond that area.

Cresa conducted market surveys, negotiated and executed simultaneous transactions in three cities, securing final properties below market rates and closing all locations in record time. The Cresa team completed the moves on schedule to the satisfaction of Guardian Life’s staff, delivering measurable cost savings and a timely, discreet relocation.

Guardian Life