Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}
Tablet City (image) Tablet City (image)

Learn how we put our clients at the center of what's next

Global Banking Client

Helping to Streamline North American Portfolio

01 The Opportunity

A global banking client engaged Cushman & Wakefield to identify cost-saving opportunities in its office and wealth management branch portfolio across North America.

02 The Solution

Employing a data-driven approach, our team was able to identify and prioritize opportunities for cost savings and develop customized recommendations for the Top-15 Cluster Opportunities. This was done by deploying Cushman & Wakefield's Portfolio Intelligence Platform (PIP), a proprietary tool that identifies and prioritizes opportunities for cost savings taking into consideration geography, market, workplace and lease-timing dynamics.

In addition, our team collaborated with the client to co-develop a Transaction Management Reporting Guidebook to ensure consistent, best-in-class reporting across the transaction life-cycle. This guidebook ensures that all reports are held to the same global standard and provides a meaningful reporting framework that marries the output from Cushman & Wakefield with a client-centric view of internal commercial real estate priorities.

03 The Results

Bridging the gap between art and science, the Portfolio Strategy team partnered with the client account team and local Cushman & Wakefield brokers to identify savings of 5% on annual rent payments (including six lease reductions adding up to 67,000 sf) through consolidations, relocations, lease alignments, renegotiations, early renewals and closures. This initiative further strengthened our partnership with the client. Our team is now seen more as an extension of the client’s real estate team rather than a simple service provider.

MEET THE TEAM

Michael Willis Atlanta Appraiser
Michael Willis

Associate
Atlanta, United States


+1 4044601280

Download VCard

OConnorKellen Associate
Kellen O'Connor

Associate
Seattle, United States


Download VCard

STORIES

EMEA One
Ocean Network Express (ONE) • Global Supply Chain Solutions
The teams at Cushman & Wakefield worked with ONE to achieve their company vision.
Learn More
Master card Storycard
Confidential Government Client • Government
A confidential government client sought to craft an optimized footprint with the goal of saving U.S. taxpayer dollars.
Learn More
Glass building (image)
Citibank • Banking & Financial Services
Fostering a True Alliance Partnership
Learn More

Featured Services

Global Occupier Services (GOS)
Our Global Occupier Services team is supported by the latest technology and a global team that is dedicated to maximizing results.
Learn More
Facilities Solutions
Cushman & Wakefield Facilities Solutions are a repair & maintenance management service provider delivering savings & quality service through our third-party network.
Learn More
Occupier services

Our team of highly experienced and knowledgeable professionals has for years been assisting organisations across all commercial real estate sectors in optimizing their growth journey.

Learn More

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS