Case studies / Closed deal
Alder Group: headquarters renewal and contraction
A professional-services firm cut its footprint by a third while staying in its building, by making the landlord compete with two alternatives.
Client
Alder Group
Service
Tenant representation
Size
18,000 sf
Year
2026
Result
28% lower occupancy cost
With hybrid attendance at 55%, Alder Group no longer needed 27,000 square feet. We priced a move, ran a sublease analysis and opened talks with the incumbent landlord with two credible alternatives on the table.
They renewed in place on 18,000 square feet, with a larger improvement allowance and a right to contract further after year four.
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