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Adobe Systems Europe Ltd

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Adobe Systems Europe.
European HQ - Stockley Park, London Heathrow, UK.
 
Instructions Taken
  • Lease negotiations 
    • Concluding in the acquisition of 22,000 sqft and disposal of existing leases.
  • Project Management
    • Full PM service in the delivery of the fitout.
  • Facility Management
    • Preparation of bid package for completed facility.
    • Bidding and recommendation process.
 
Team:
 
 

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Lease Contract
 
CRES Associates as Adobe's representative.
 
We provided a fully integrated lease negotiation service, managing the exit strategy from existing lease, negotiating new lease while leveraging current Heathrow market. We set realistic expectations for both the client and the landlord around the lease delivery, and in parallel we were undertaking back to back negotiations on a general contractor.

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Project Management.
 
Some impressive statistics that set this as a very fast track project that delivered the finished facility early, allowing Adobe to enjoy full operational benefit of their rent free period:
  • Lease agreed 30th Sept 2003
  • Contractor appointed 7th Oct 2003
  • Start on site 13th Oct 2003
  • Practical completion 19th Dec 2003
  • Move Xmas 2003
  • New office operational open day Jan 5th 2004

Capital budget was underspent by 18%.