Case Studies

Profiles of Client Success Stories

 

Office

Chicago Title

Chicago Title desired a new office location to create a more efficient use of space to retain and recruit employees. This new space must also have easy access and good visibility for their clients. Citadel Partners was hired by Chicago Title to locate the ideal property and negotiate lease terms under the client’s desire to be located in a higher profile building and location.

City of Richardson

The City of Richardson desired to locate a permanent facility for their municipal courts. Citadel Partners needed to locate an existing facility or site for a new building. Achieved financial savings close to $1.2 million…

DataStar USA, Inc.

DataStar USA, Inc. wanted to relocate into more efficient and cost effective facilities that represented their business plan moving forward. Citadel Partners was hired to sublease their current facility to mitigate the financial risk…

Diversegy, LLC

Diversegy, LLC. determined that their regional headquarters in Spectrum Center in Addison, Texas had become surplus with personnel being relocated to New Jersey. Citadel Partners, LLC. was hired to sublease the entire 7,454 square foot Addison facility to alleviate the contingent liability of the existing lease and lower occupancy costs.

Eland Energy

Eland Energy, Inc., an independent oil and natural gas exploration and production company, wanted to better position themselves to hire and retain human resources while enhancing corporate communication and collaboration between internal departments.

Electronic Transaction Consultants

Electronic Transaction Consultants Corporation (ETC), a software design and implementation firm to the transportation industry, was struggling with employee productivity, image. Located a new, freestanding facility that would offer prominent building signage, a corporate image, and expansion options…

EquityMetrix, LLC

EquityMetrix, LLC. are specialists in oil & gas revenue recovery and records management. They needed to increase their office size significantly from the 5,600 SF space they were in. Along with the wish to relocate to a different building, they needed to continue business without any interruption.

HBS Systems

HBS Systems need was to perform a sale and leaseback of their current facility in order to maximize value, as well as fix their facility operating costs moving forward. Achieved 100% occupancy and generated a profit of $2.4 million…

North Texas Professional Golf Association

Citadel Partners was engaged to perform a lease audit, specifically related to operating expenses. Through a series of negotiations and discussions, the new owner agreed to grant NTPGA a new (current) base year, with no other change in lease terms. Achieved an immediate savings of 43% of the initial amount billed to NTPGA…

North Texas Tollway Authority

The North Texas Tollway Authority (NTTA) needed to purchase either an existing structure or construct a new building to satisfy financial bond rating classifications, assisting in the development of new transportation arterials in North Texas. Existing leases were eliminated, the final purchase price was reduced by more than 20% from the original price…

PNL Companies

PNL Companies need was to relocate without causing a disruption of current business operations and desirous of lower facility expenses. Facility costs were reduced by 27%…

RD&F Advertising, Inc.

RD&F Advertising, Inc., a full-service advertising agency based in Dallas, Texas had originally located its corporate headquarters in Quorum Place seven years ago. In 2010, after being named a DCEO best mid-sized agency and recognized by numerous industry awards, the company was ready to recreate their image through the redesign of their facility. Achieved 15% reduction in lease rate and 32% in construction costs…

Retirement Advisors of America

Retirement Advisors of America (RAA) had just over a year and a half remaining on their current office lease. They desired to lower their lease rate, improve efficiencies. Achieved 16.7% bottom line savings in occupancy costs…

Richardson Independent School District

The Richardson Independent School District (RISD) desired to dispose of unessential real estate and acquire strategic sites that would allow for future growth…

Securadyne Systems

Securadyne Systems, also known as SecureNet, Inc. had expanded over the years to various markets throughout the region, and the market dynamics had changed. Additionally, with SecureNet’s success, they were being approached by alternative purchasers to sell or merge their business. Achieved 45% savings to the bottom line…

Susquehanna Radio Corporation

Susquehanna Radio Corporation needed to secure a new radio station facility to provide for future growth. Reduced facility costs by more than $1.2 million…

Texas Instruments - Multi Site

Texas Instruments (TI) engaged the Citadel Partners to assist in renegotiating leases in numerous U.S. locations. The assignments included sales and engineering offices located from coast to coast. Reduced rent in the last year of the existing term by 33% and created a cost avoidance of an additional $2,000,000…

Texas Instruments Germantown

Texas Instruments (TI) was interested in staying at their location long term and wanted to reduce expenses while obtaining money for facility enhancements. TI was able to stay in the current facility while cutting first year expenses by 18.8% and achieved an overall occupancy cost savings of 4.2%…

Turnage & Company, P.C.

Turnage & Company, P.C. is a Dallas based company that has been delivering accounting and consulting services since 1984. When it came time to examine the upcoming lease structure, our team was their first and only phone call for an option assessment. Achieved in excess 24% savings off their initially proposed lease renewal…

Viscern

Viscern wanted to secure a new, financially palatable headquarters location that was conducive with a new corporate branding and imaging campaign. Achieved in in excess of $650,000 savings…

Weaver & Tidwell, LLP

Our relationship with Weaver & Tidwell started with one office in Dallas, TX in 1996. Together, we have evolved with a national expansion strategy with Citadel Partners representing Weaver around the country. Our most recent lease assignment is with The Union in Dallas, TX. The number one initiative was to potentially relocate into a facility that would better reflect their brand and significantly improve the hiring and retention of personnel at a reasonable budgetary increase.

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Industrial

City of Richardson

The City of Richardson desired to locate a permanent facility for their municipal courts. Citadel Partners needed to locate an existing facility or site for a new building. Achieved financial savings close to $1.2 million…

Estech Systems, Inc.

Estech Systems, Inc. (ESI) desired to consolidate two locations under one roof to help increase manufacturing and production efficiencies, while enhancing the image of their business. Increased revenue by 30%…

Flextronics International

Flextronics International wanted to design, build and acquire a state-of-the-art contract manufacturing campus as close to the Telecom Corridor in North Texas as possible. 21% savings through tax abatements and financial structuring…

Invensys

Invensys Systems had determined that a portion of their regional headquarters in Granite Park III in Plano, Texas had become surplus with personnel being moved to Houston, Texas. Citadel Partners was hired to sublease a portion of the Plano facility to alleviate the contingent liability of the existing lease and lower occupancy costs.

Lintec of America

Lintec of America is an international organization with locations in over 16 countries around the world. Headquartered in Japan, and established in 1934, Lintec is a comprehensive manufacturer of adhesive-related products. They desired a new office location to create a more efficient use of space, which would attract consumers as well as retain and recruit new employees. Citadel Partners was hired by Lintec to move them from their expiring executive suite to a new location.

Maxim

Maxim desired to dispose of their 700,000 square foot, 200 mm semiconductor manufacturing plant. The ultimate result was a value enhancement of over $5 million…

Multek

Multek needed to dispose of their printed circuit board manufacturing plant. The entire facility was once a part of a 300 acre IBM facility in Austin, Texas. Created approximately $2,000,000 in value to seller…

Northstar Ceramic Trading, LLC

Northstar Ceramic Trading, LLC (Northstar)was experiencing explosive growth and needed to expand to meet revenue opportunities. The decision was made to relocate from their current 16,000 square foot location to a new 50,000 square foot facility. The financial result was a savings of $144,354…

Pan-American Life Insurance Group

Pan-American Life Insurance Group desired a new office location to create a more efficient use of space to retain and recruit employees. Reduced Pan-American’s annual rent by 34%…

PrintEdd Products

PrintEdd Products was interested in acquiring their own building for investment purposes, while incubating their future growth. Achieved 53% discount from alternate lease sites…

Superior Graphics

Superior Graphics desired to acquire their own facility by capitalizing on the capital market conditions, thereby reducing facility costs and controlling future growth of the organization. Achieved savings of $25,000 in architectural fees…

Tekelec

Tekelec sold a business unit and subleased a portion of their facilities (approx. 38,000 square feet) to the buyer of the business unit. Teklec desired to sublease the remaining 100,000 square feet. Achieved a comprehensive savings of $2,400,000…

Texas Instruments - Main Campus

Texas Instruments (TI) strategically wanted to secure stable occupancy in portions of their corporate campus facilities that were not in their long term plans, while creating contiguous blocks of prime space for their own growth and utilization. Achieved $23,000,000 in revenue savings…

Texas Instruments Arlington

Texas Instruments desired to dispose of a 441,362 square foot semiconductor plant built in 1983. The property was acquired via the acquisition of another unrelated corporate entity and there was no longer a use for the property by Texas Instruments. The goal was to find an alternative use for the property given the attributes unique to the semiconductor manufacturing facility.

Texas Prototypes

Texas Prototypes wanted to expand their offices, R&D, and manufacturing facilities. At the same time, they were establishing new corporate standards, while enhancing morale and productivity of employees. Achieved 50% decrease in rental expense…

Via Technologies

Via Technologies cut 400 jobs and needed to relocate to a smaller facility. They desired to extract equity from their corporate campus real estate to capitalize new business operations. Achieved an enhanced value to the client of over $4 million…

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Adaptive Re-use

City of Richardson

The City of Richardson desired to locate a permanent facility for their municipal courts. Citadel Partners needed to locate an existing facility or site for a new building. Achieved financial savings close to $1.2 million…

Maxim

Maxim desired to dispose of their 700,000 square foot, 200 mm semiconductor manufacturing plant. The ultimate result was a value enhancement of over $5 million…

Multek

Multek needed to dispose of their printed circuit board manufacturing plant. The entire facility was once a part of a 300 acre IBM facility in Austin, Texas. Created approximately $2,000,000 in value to seller…

Pan-American Life Insurance Group

Pan-American Life Insurance Group desired a new office location to create a more efficient use of space to retain and recruit employees. Reduced Pan-American’s annual rent by 34%…

Richardson Independent School District

The Richardson Independent School District (RISD) desired to dispose of unessential real estate and acquire strategic sites that would allow for future growth…

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