Mercy Housing

Results

As one of the oldest, most creditable organizations in Colorado (with a credit score to match) Mercy Housing was an occupier that landlords were willing to fight for. Cresa was able to use that to their advantage during the negotiation. They signed an 11-year lease, receiving 13 months of free rent, and an upgraded tenant improvement allowance. In the end they saved $2.5 million over the term of their lease. 

Cresa’s services did not end with transaction management. Lynda Schroer was able to oversee the entire project from a project management standpoint. Gillian Baikie managed the relocation efforts, making sure everything was set up for the first day at a new office. Gillian effectively helped Mercy Housing through the change management required to relocate nearly 200 employees to a new building. This included allowing employees to test out furniture options and customize their workstations. She also determined seating assignments and managed the culture shift from private offices to an open workspace. 

The new space was designed by OZ Architecture. It honors the organization’s long-standing history, while providing employees with a fresh, collaborative and functional workplace that will help their business thrive for years to come.  Click on the video link below, for a 360 tour.