Portfolio Case Study: Global Facilities Management Client
The client wanted to reduce real estate occupancy costs and create a repeatable portfolio management process with defined standards, checks and approvals. Without a centralized approach, the portfolio carried significant inefficiencies, including underutilized space, above-market leases, redundant locations, decentralized decision-making and real estate expenses paid without a consistent audit or approval process
Mohr Partners conducted a portfolio-wide site assessment to confirm square footage, headcount, space inefficiencies, redundant locations and overlapping markets. Mohr then implemented a utilization standard for new leases and renewals, benchmarked lease rates against market and renegotiated above-market leases. The team also centralized lease tracking, established portfolio KPIs and reviewed real estate expenses before payment. Lease negotiations now begin well in advance of critical dates, with sites reviewed regularly for savings opportunities.
The client reduced annual rent, right-sized its footprint and improved space utilization despite rising market rates and new sites added through acquisitions. Centralized lease data and standardized approvals also helped guide market-entry and portfolio decisions.
Mohr Partners’ process delivered more than $28.7 million in total value added, including recurring annual rent savings, below-market rental savings and additional portfolio value. The portfolio now operates with lower costs, a more efficient footprint and an ongoing process for identifying closures, subleases, terminations and savings opportunities.
Ready for accurate and efficient transaction management?
Book a consultation, our teams will show you a clear path forward.
