Case Study

Krilogy Financial

Office & Medical - Tenant Representation

Krilogy Financial
Creve Coeur Center
600 Emerson
St. Louis, MO 63141

Assignment Overview

  • Evaluate space needs at current location
  • Survey the Class A Creve Coeur market for comparable buildings
  • Analyze financial benefits of relocation vs. renewing

Result

  • Expansion/renewal in current location
  • Lowest known comp for Class A Creve Coeur Market
  • Total Net savings of approximately $150,000
  • Reduction of rental rate, saving Krilogy over $37,750 over the term
  • Base year reset, resulting in $13,200 RSF in operation expense savings
  • Over $98,500 in office refurbishments