18,977 SF Direct Lease 7,193 SF Lease Termination
Wintrust Commercial Finance (WCF) has rapidly grown from their founding in 2015 into one of the largest equipment financing companies in the country. Originally subleasing an older building in Frisco’s Hall Park, WCF outgrew that space and desired a drastic upgrade for their local HQ to reflect the strong culture and brand they had developed. Seeking not only a rapid timeline, WCF also needed a solution for the couple of years remaining on their existing lease.
Applying its DAAD methodology to conduct discovery and assessment with WCF stakeholders, Citadel Partners devised a financially favorable strategic plan with an expeditious timeline. Citadel met with architects and teamed with Corgan for a strategic visioning session, giving WCF a clear and feasible path toward a new HQ facility that would enhance their brand and benefit their business performance.
Citadel represented WCF’s relocation to Hall Park’s newest development as one of the first tenants in Frisco’s tallest office building, negotiating a no-penalty lease termination and considerable concessions from the landlord. In addition, Citadel represented WCF in acquiring a six-figure retention bonus from the Frisco Economic Development Corporation to keep their HQ in Frisco. These financial outcomes allowed for zero out-of-pocket construction costs as well as additional funds for WCF to invest in their business and new office space.
Best-in-class service and best-in-class people!
Tyler Thomas and the Citadel Partners team were outstanding in assisting Wintrust Commercial Finance with our new location.
Even before the project started, they were advising us on current market dynamics and opportunities as we considered our future office needs. They became an integral part of our site-and-space selection team, quickly under standing our brand and business and bringing us to a result that truly represented the culture of our organization.
Citadel was by our side, guiding us through lease negotiations, architect and contractor selection, and the finish-out provider procurement. Their professional and timely oversight of the construction and finish-out process brought in the project on time and on budget, with minimal surprises. We now have a finished space that our team enjoys working in and that genuinely showcases our business.