Case Study Cat: Office

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.

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.

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…

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…

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

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…

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…

Parker Hannifin, a Fortune 250 Company, desired to either renew in their current space or relocate to a space of comparable size. Citadel Partners was engaged with the goal of decreasing their costs while maintaining an environment and space that would enable our client to accommodate future growth as well as support their hiring and retention efforts.

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…

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.

After a successful 23 years, Dallas-based Curtis Group Architects merged with Baton Rouge based Grace Hebert Architects, forming the new firm Grace Hebert Curtis Architects. The new firm needed an identity that reflected the new brand and culture given the expanded resources and capabilities of the merged entities. The management team was seeking assistance to reevaluate their strategic real estate plan. Citadel Partners was brought in to assess the current and future facility requirements and the local real estate market.

After a successful 23 years, Dallas-based Curtis Group Architects merged with Baton Rouge based Grace Hebert Architects …