An institutional landlord of a large urban building is being advised by their project team that they must demolish the high-end lobby of a key tenant in order to complete a required base building upgrade.
With one meeting, in under two hours, we identified an alternate solution to a problem the team had been struggling with for months—saving time, money and aggravation.
A build-to-suit development is stalled without strong leadership—the tenant’s program is not designed, the contractor won’t commit to a schedule, and everyone is pointing fingers without actually doing anything about it.
We quickly assessed the project, the progress and the players. We worked intensively with the tenant to take the design from nothing to full drawings in under three months. We partnered with the contractor and key trades to secure commitments for addressing schedule and logistics challenges.
A national retail bank terminates the relationship with its original Owner’s Rep mid-project, at the same time that the project manager representing the contractor is creating a hostile work environment and the architect on the project is non-responsive.
We listened first. We heard from all parties, analyzed risk, and made recommendations to repair the team and the relationships. We re-built trust, made allies, got buy-in, and delivered a flagship project to a very happy and relieved client.
These are real examples of the difficult situations that building owners, investors and developers find themselves in all too often.
Compounded Risk. What these examples all share is their complexity and the clear risk each presents to the client—not only on the level of the specific project but also its potential implications for the overall business.
These examples have something else in common—the initial team of professionals hired to oversee them actually compounded the risk their clients faced instead of mitigating it.
Who To Trust? Building owners, investors and developers today face an ever more challenging market alongside a changing economy. Lenders, limited partners and tenants are all becoming increasingly demanding at a time when margins have never been tighter. All of this means that there is vanishingly little room for error. Building-related advisors must be true advocates with the knowledge and ability to follow through.
The business of buildings is also subject to all the complexities that the modern world brings in terms of information overload and endless optionality. The market is flooded with software solutions that promise to magically cure every pain point in commercial real estate. There are project delivery methods with trendy names adopted from the technology sector and enormous firms that claim they can do it all. How do you know whom or what to trust?
True Advocacy. The Cooperative Companies exist to meet this demand for higher-order insight and true advocacy on behalf of clients. We envision relationships where our partners charge forward with confidence because of the strength of our counsel—knowing that we will always enhance their deals and their operations. We envision relationships where our partners also rest easier at night—knowing that we are fastidiously working to clear any obstacles. We work each day intent on making such relationships a reality for our clients.
Technical and experience-based input for overarching business decisions related to buildings and client positioning of assets. Thoughtful, wide-ranging analysis of options and priorities based on client’s stated objectives. Issue-specific support that provides the research and knowledge to make informed decisions, as well as solutions to ensure the correct path forward.
Typical services might include:
Innovative approaches to building and managing a team. Innovative approaches to delivering projects and programs.
Typical services might include:
Assessment of troubled projects and teams, recovery planning and implementation.
Typical services might include:
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