Coordination of tenant improvements
Redevelopment and retrofit
Preventative maintenance programs
Budgeting & due diligence
HOW DOES THIS BENEFIT YOU?
100% tenant representation: focused expertise, no conflict of interest
Leadership through the entire project
Scope, schedule and budget accurately from the start
Solve problems efficiently
NEW DEVELOPMENT – DISTRIBUTION CENTRE IN MONTREAL, QUEBEC, CANADA
Our client owned and occupied a 240,000 square foot Canadian Head Office and distribution centre but required an additional 150,000 square feet of space. Since the current property was not expandable due to a lack of excess land, relocation became the only viable alternative.
We were mandated for a new development and for the disposition of the existing property. We negotiated the acquisition of 1,000,000 square feet of land from two developers in exchange for granting them construction of the new building. We coordinated with the developers, architects and the City of Laval to finalize contracts and obtain permits.
Our client is now proud owner of a new state-of-the-art 390,000 square foot warehouse with excess land for future expansion. This new facility permitted them to modernize operations via robotics and an automated warehouse. Their existing building was sold with no lead time and thus no carrying cost to the client.
"Our real estate portfolio had grown substantially over the years both organically and through acquisition, which resulted in inefficiencies and a lack of formalized procedures.
Landmark was engaged at that time to assist in organizing CAE’s real estate information, assess our footprint and lease obligations, provide recommendations to reduce occupancy costs, and to execute on their recommendations where justified.
Landmark’s efforts resulted in significant recurring savings for the organization and we have since maintained a very strong partnership with them. With all services being offered in-house, Landmark has been able to proactively manage a wide range of real estate projects in an efficient and cost-effective manner.
The expertise, diligence and professionalism that Landmark has brought to the table is a refreshing change from the typical transactional approach."
CAE (TSX: CAE, NYSE: CAE), a worldwide leader in training for the civil aviation, defence and security, and healthcare markets