Client: PRG-Schultz
Location: 600 Galleria Parkway, Atlanta, Georgia
Overview: Swearingen Realty Group implements national real estate strategy and Lease Management Software that allows PRG-Schultz to streamline its process, realize efficiencies, and see a positive impact to the bottom line.
Approach:
- Evaluate National Real Estate Portfolio of approximately 80 offices
- Dispose of excess real estate acquired through acquisition of competition
- Centralize the entire real estate process
- Streamline process and coordinate local managers and vendors
Results:
- Negotiated the termination and/or subleasing of several leases within months of acquisition.
- Saved the client more than $1.5 million over the first year.
- Provided single point of contact which provided consistency in service
- Implemented Lease Management Software to provide all divisions of the company web enabled access to leases, terms, financial reports, etc.
- Continue to manage and provide benchmarking studies on the leased and owned building portfolio