Construction Management That Protects the Deal
- OPEX CRE Staff
- 23 hours ago
- 2 min read
106 Allen Road | Basking Ridge | New Jersey
A Project Under Pressure
This 7,725 SF tenant build-out at 106 Allen Rd began under compressed conditions.
The lease was finalized late November after extended negotiations, while the tenant faced a firm March 31 move-out deadline from their existing location.
Permitting delays pushed construction start into January, leaving little room to deliver before a critical April 12 lease termination threshold. The timeline was tight. The risk was real.
Timeline, Cost, and Lease Risk
Lease executed late November
Construction delayed by permitting into January
Township approvals required approximately five weeks
Tenant move-out deadline: March 31
Lease termination option tied to April 12
Active Construction Management
OPEX CRE led the project through disciplined coordination across all stakeholders.
A new general contractor was onboarded and aligned with project objectives, while weekly meetings between ownership, architect, and contractor ensured continuous visibility into progress.
As additional inspection requirements surfaced, the team adapted in real time, maintaining momentum without disrupting the schedule.
When pressure mounted to accelerate the timeline through overtime work, OPEX partnered with the contractor to maintain pace without introducing unnecessary cost exposure to ownership.
7,725 SF
Delivered
~60 Day Construction Window
5 Week Permitting Delay Navigated
2 Weeks Delivered Ahead of Deadline
Outcome
Despite a delayed start and compressed schedule, the project was delivered within the required timeframe.
The lease remained intact, construction milestones were met, and the tenant maintained confidence throughout the process.
Additional inspection requirements were managed without disruption, and cost exposure was controlled by avoiding unnecessary overtime.
The result was a completed space, a retained tenant, and a stabilized asset.
Contractor selection and alignment
Schedule recovery and deadline management
Permitting and inspection coordination
Cost control and risk mitigation
Tenant communication and expectation management
Construction Management as a Core Discipline
Construction management is not just about completing a project. It is about protecting timelines, controlling costs, and maintaining tenant relationships under pressure.
