Griffin Capital
Multiple U.S. Locations
During the due diligence phase of a multi-property acquisition, Gensler performed a BOMA space analysis study across a portfolio totaling four million square feet. The study uncovered a large discrepancy in the square footage reported by the seller, with six of the properties overstated by 32,000 square feet and two understated by 48,000 square feet. With this information, the client was able to take a more detailed look inside the buildings and confidently negotiate the sale and plan for potential lease modifications.