CLIENT OBJECTIVES
To locate, secure and construct a new corporate headquarters for the credit union. The new location had to create a high profile within the credit union’s member community, be cost effective and provide for future growth.

RESULT
CresaPartners performed a search that identified all options within the specified market area including existing buildings for sale or lease and land sites suitable for new construction. We then performed a feasibility study and financial analysis in order to provide a basis for evaluating all available options. After choosing the best alternative, CresaPartners negotiated a land purchase and managed the development process of a new, 50,000 sf headquarters facility. The new facility exceeded the desired objectives and allowed the credit union to consolidate all of its operations into one location. In addition, the building was planned to economically allow for an addition for future growth and was brought in significantly under budget.