CASE STUDY

Susquehanna Radio Corporation

Reverchon Plaza
3500 Maple Avenue
Dallas, TX 75219

Assignment Size

40,000 SF

Occupier Services Provided

  • Tenant Representation
  • Municipal Incentive
  • Negotiations
  • Management of Construction
  • Value Engineering & Acoustical & Architectural Design Processes

Client Feedback

It was a difficult lease to handle…they found workable solutions…it was successful, and we achieved our goals.

Jack R. Kay
President & CEO
Copyright ©2022 Citadel Partners, LLC The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.

The Challenge

Susquehanna Radio Corporation needed to secure a new radio station facility to provide for future growth.

Our Strategic Approach

Citadel Partners was engaged to:

  • Achieve zoning height-and-use variance for the installation of a radio station, while demonstrating to the institutional ownership how the lease can enhance the long-term value of the asset
  • Incorporate ongoing lease expansions to justify significant up-front capital expenditure of both landlord and client

The Outcome

Susquehanna’s facility costs were reduced by more than $1.2 million. Height and zoning variances were obtained, as well as orderly growth for six subsequent future expansions.

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