Cresa
201 Case Studies
A Cresa Case Study
Buffalo Americas, a technology firm with locations in Austin and San Antonio, engaged Cresa for Transaction Management to reduce occupancy costs, gain leasing flexibility, secure a renewal option, minimize out-of-pocket costs for space improvements, and reduce liability for HVAC maintenance.
Cresa negotiated a reduction of 7,237 sq. ft. eight months prior to lease expiration, delivering an immediate $87,000 savings in the current lease period and $233,268 in savings over the remaining term. Landlord-paid demising costs and installation of new HVAC units greatly reduced the tenant’s maintenance liability, and Cresa also secured a market renewal option.