Case Study: Balfour Beatty streamlines U.S. real estate strategy with Lee & Associates

Balfour Beatty lowers occupancy to under 230 SF per employee with Lee & Associates

Lee & Associates was engaged by Balfour Beatty, a major U.S. general contractor, to address its decentralized corporate real estate structure. The challenge was a lack of portfolio management, which resulted in inconsistent space standards, poor utilization, and high costs, with an average occupancy of over 350 square feet per person.

Lee & Associates developed a three-year portfolio strategy, implemented processes and systems, and incorporated its ePortfolio management tool to consolidate data. The solution established a new space standard of under 230 square feet per employee, initiated cost-saving projects, and improved communication. This led to decreased occupancy costs and ratios for Balfour Beatty.

Balfour Beatty