Case Studies
Balfour Beatty – San Diego
-
13520 Evening Creek Drive North
San Diego , CA 92128
- Real Estate Type: Office
- Square Feet: +/- 8,035
Project Overview
- Relocation of major Balfour Beatty office
- Existing office was inefficient
Challenge
- Not easy to downsize in the same building
- Lack of walkable amenities
- Tough to live through a remodel
Solution
- Found high-quality second generation space to modify in accordance with Design Guide
- Secured smaller size space to fit well within SF/person threshold
- Negotiated generous free rent concession along with TI allowance to reduce buildout costs
Results
- Reduced size by 60%
- Reduced cost from $892k pa to $596k pa, even after price increased due to supply chain
- Upgraded location with outstanding amenities
