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Case Study

Advisory and supervision of Mindshare

Jones Lang LaSalle Tenant Representation has been instructed to advise on and supervise the relocation process of Mindshare – a GroupM company. The new premises needed to be high quality office space, conveniently located in terms of both public and private transportation accessibility. Mindshare required the new office to be operating with the beginning of 2009 the latest, which - given Warsaw’s vacancy rate at the time as low as 2% - made the finding of the right solution significantly challenging.

Tenant Representation team inspected all relevant options and advised on the short list, distributed RFP’s and colleted answers to RFP’s, analysed all financial and non-financial criteria of submitted offers and prepared recommendations. Moreover, we have met with landlords, coordinated counter-offers and represented Mindshare in lease agreement negotiations.

Mindshare leased almost 1,000 square meters of office in the tower part of ‘North Gate’ – a representative, modern office building located on the fringe of city centre, with metro station within short walking distance and a number of tram and bus lines connecting it to every district of Warsaw.
Despite the stringent timeframe for negotiations we have managed to secure a very attractive lease terms for the Client. Mindshare will be moving to the new location in December 2008.

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