Case Study

Peckham Guyton Albers & Viets, Inc.

Office & Medical - Tenant Representation

St. Louis Place
200 North Broadway
St. Louis, MO 63102

Assignment Overview

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

Result

  • Renewal in current location
  • Total Net savings of $451,404
  • Reduction of rental rate, saving PGAV over $116,330 over the term
  • Base year reset, resulting in $1.50 RSF in operation expense savings
  • Over $300,000 in office refurbishments