Case Study

CITY OF RICHARDSON

CITY OF RICHARDSON

Product Type Office Industrial Adaptive Re-Use Assignment Size 40,000 SF Service Offerings Strategic Planning Market Research Financial Analysis Site Selection Consulting on Project Management Lease & Purchase Negotiations Overview The City of Richardson desired to locate a permanent facility for their municipal courts. Citadel Partners needed to locate an existing facility or site for a new building, with approximately 30,000 square feet. The parking requirements were one parking space per 100 square feet. Also, redevelopment opportunities in under-achieving areas needed to be identified in order to promote economic development. Strategy ? Review lease and acquisition market opportunities to create leverage in the competitive marketplace ? Review land opportu

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