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Value Created


01. Class A Office Building - Newark, NJ

Working with the Anchor Tenant, Removing Longtime Incumbent, Finding Savings

Savings: 20.4% or $414,000

Value Created: $5,900,000*

*Based on a 7% Market Cap Rate

The Story: The Owner and Manager had been longtime operators of the building.  A sense of complacency had set in with the day-to-day. 


With a fresh eyes approach, a rebid of the contract was undertaken and with we were able to find cost savings without sacrificing a high level of required service, all with Anchor Tenants support.

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