Case Study: Ocado selects its first U.S. headquarters with Lee & Associates

Ocado secures a 10-year US headquarters lease with Lee & Associates and saves 20% NPV

Ocado, a UK-based online grocery retailer and warehouse robotics company, needed to establish its first US base of operations for its Solutions group. Prior to hiring any US staff, they engaged the services of Lee & Associates to identify a location that met key criteria including airport access, skilled labor, and minimal traffic congestion.

Lee & Associates implemented a rigorous evaluation process, creating a weighted Decision Analysis to compare eighteen potential locations. Their solution involved sourcing hundreds of options, securing temporary quarters, and leading lease negotiations. The outcome was a 20,000 SF headquarters in McLean, VA, secured on a 10-year lease that delivered a 20% net present value savings over the next-best alternative for Ocado.

Ocado