HQ Relocation – Logic Info

Posted by carlson on December 18, 2014 in Case Study, Tenant Rep

northland plaza
Northland Plaza

LOGIC INFORMATION SYSTEMS, A GLOBAL LEADER IN DELIVERING ORACLE RETAIL SOLUTIONS – 11,251 square feet new corporate headquarters in the Twin Cities.

Logic interviewed real estate providers to assist with the strategy, search, negotiation, and vendor management for a new corporate headquarters that would reflect their global image. Logic selected Carlson Commercial.  Logic needed to create a space that reflected their growing brand and rewarded the employees responsible for that growth.

Our strategy to attract and retain top talent was to secure a centrally located office for employees, maintain proximity to MSP Airport, and build a collaborative & fun employee focused office space.  Together we selected RSP Architects to design the space & manage the build out and Bauer Design Build as the general contractor.  A business acquisition during the process increased square footage from 7,500 sf to 11,251 sf.

Carlson Commercial adapted to the 57% increase in SF and set new expectations for both timing and costs, without discarding the previous ground work.  Using superior market knowledge and leveraging relationships, Carlson Commercial increased the PSF tenant improvement allowance by 20% yet maintained net lease rates & flexibility with two termination clauses.