EQ Office Acquisition Due Diligence

Project Description

A large real estate private equity and investment management firm needed an independent third party to assess the space information to ensure that they did not overpay for these assets. The information collection, originally estimated to include over 109 million square feet of property, was a challenge due to the geographically dispersed locations of the properties, as well as the fact that the information was not centrally managed or consistently kept up to date. After the firm’s portfolio purchase was complete, they required physical field verification of the remaining properties, providing leasing reports and existing conditions of the recalculated space.

Project Goals

The Firm turned to SDI to quickly complete the job under the expedited time frame. At an accelerated schedule, the SDI team evaluated the entire portfolio’s rentable square footage. SDI utilized the firm’s existing CAD files and construction documents to verify square footages based on BOMA standards. After the purchase was complete, the firm required physical field verification of the remaining properties, providing leasing reports and existing conditions of the recalculated space.

Services Delivered

SDI services delivered, include but are not limited to the following:

  • Project Management
  • Field Verification
  • BOMA Square Footage Expertise
  • Architectural CAD Graphic Creation
  • Maintenance
Project Results
  • Accurate Architectural Files
  • Portfolio grew by 6.8 million rentable square feet for a 6.18% increase
  • Increase in property values
  • Immediate access to building tenant and lease date

SDI has delivered cost-effective, innovative technology systems to organizations throughout the public and private sectors.

Learn more about how the SDI Team can advance your organization to a secure digital enterprise.

Contact Us