Up West
Catalina
Search for savings on rental cost notably though areas reduction
2 500 m2
Work done
Competition between 2 scenarios organized: stay with reduction of areas and move
Inventory of offers available
Visits, estimation of tenant works cost, comparative financials simulations
Negotiation of new lease for stay scenario
Added value
Negotiation of phased reduction of areas matching the operational constraints
Financial conditions obtained (offered rent and tenant incentives)
Remediation of measures for issues encountered in the building (window shades)
Timeliness execution
Key points
Up West building in Boulogne Billancourt
Area reduced from 3 050 sqm to 2 450 sqm