Case Study: Mercy Housing achieves $2.5M in lease savings and a modern, expanded Denver headquarters with Cresa

Mercy Housing - Customer Case Study

Mercy Housing, a Denver‑based nonprofit occupying 36,341 sq. ft., faced an outdated, cramped headquarters after 15 years and needed a modern, flexible workspace that would attract and retain talent while staying near transit and keeping costs low. Cresa was engaged to provide Transaction Management and Project Management to help them find and secure the right space without diverting funds from their mission.

Cresa negotiated an 11‑year lease that delivered 13 months of free rent, an upgraded tenant improvement allowance and ultimately $2.5 million in savings over the lease term. Cresa’s project and relocation teams oversaw the buildout and change management for nearly 200 employees—managing furniture trials, seating assignments, and the shift to an open, collaborative design—resulting in a modern, functional workspace ready for long‑term growth.

Mercy Housing

Melissa Clayton

Senior Vice President of Portfolio Management