Cresa
201 Case Studies
A Cresa Case Study
Trust Company of the West, a Los Angeles–based financial services firm occupying 190,000 sq. ft., faced an upcoming lease termination option while paying significantly below-market rent. Unwilling to pay a termination fee or fund new construction, they engaged Cresa for Transaction Management to evaluate alternatives and protect their financial position.
Cresa developed modern, efficient space plans, identified competitive relocation options, and used that analysis to negotiate with the landlord. Cresa secured nearly $5M from the existing landlord for TCW to relinquish the termination right, allowing Trust Company of the West to retain its below-market rent, avoid increased remaining obligations, and realize a measurable $5M cash benefit.