Case Study: Global Paper Products Company achieves centralized lease management and over $1.5M in savings with Cresa

Centralized Lease Management and Saving Money Meets Corporate Objectives

Global Paper Products Company turned to Cresa to centralize lease management for an industrial portfolio totaling about 5,000,000 sq. ft. and more than 700 expense and income leases. The customer’s objectives were to implement a web‑based lease administration platform, avoid missed critical lease dates, reduce occupancy costs, and maintain high‑quality data for strategic planning.

Cresa provided Lease Administration services with a single point of contact and a centralized, abstracted lease database accessible companywide, plus reporting tools to focus executives on critical risks. The solution delivered measurable results: improved portfolio oversight, risk mitigation, and more than $1.5 million in savings from annual desktop audits of landlord billings between 2007 and 2017.