Case Study: Evanston Metro Center saves its anchor tenant and cuts parking project costs with ParqEx

ParqEx solutions have helped the Transwestern property management team each month to add over $3,500 in operating income and provide over 1,500 secure garage entries without any additional effort or resources.

The Evanston Metro Center, a commercial office building owned by FD Stonewater, faced a critical challenge with its anchor tenant regarding parking. When the adjacent parking lot was sold, the tenant was concerned the existing secure garage would not meet their security and convenience needs, jeopardizing their lease renewal. The owner needed a cost-effective solution to reconfigure the garage without disrupting other tenants and turned to ParqEx to implement a solution using their Access+ technology.

ParqEx implemented a system using their proprietary Access+ technology combined with traditional controls like RF transponders and keypads. This created separate, secure sections within the garage for different user groups. The ParqEx solution was completed on time, saved the property owner over 30% on project costs compared to other bids, and successfully secured the anchor tenant's new multi-year lease with zero operational disruptions.

Evanston Metro Center

Jeffrey Toporek

Principal