Client: County of Santa Barbara Gruen Gruen + Associates (GG+A) contributed market analysis and financial analysis to support the preparation of a real estate master plan for Santa Barbara County. The master plan included the development of long-term strategies and alternatives for the use of office space (in Downtown Santa Barbara and at the County’s… Read More
Due Diligence Assistance for Redevelopment Site in Fremont, CA
Client: Warm Springs Venture, LLC An investor-developer entered into a purchase and sale agreement for a 4.8 acre redevelopment site located on Warm Springs Boulevard in Fremont, California. The investor-developer hypothesized that retail uses would represent the highest and best use of the site. The investor-developer retained GG+A to provide real estate market research and… Read More
San Diego Civic Center Master Plan
Client: Center City Development Corporation (CCDC) The CCDC retained a multi-disciplinary team led by Gruen Gruen + Associates to prepare a master plan for a new San Diego civic center. The City’s civic center had consisted of an obsolete city administration building, an older but still usable city operations building, a theater and a parking… Read More
Development Program and Marketing Strategy for Heritage Park in Menomonee Falls, WI
Client: Strong Capital Management, Inc. Strong Capital Management, Inc. retained GG+A to conduct market research to identify a development program and strategic marketing plan for its corporate land holdings of approximately 177 acres. Based on field research, interviews with real estate brokers and developers, demographic and economic analysis, GG+A made an assessment of present and… Read More
Facilities Master Plan for Orange County
Client: County of Orange (CA) As part of a team of consultants led by Gensler, Gruen Gruen + Associates (“GG+A”) analyzed over 3.9 million square feet of the County of Orange’s real estate portfolio to prepare a Facilities Master Plan. The team developed a Master Plan that will meet the long term office space needs… Read More
Development Program and Strategic Marketing Plan for Briargate Town Center
Client: La Plata Investments Gruen Gruen + Associates (GG+A) was asked by La Plata Investments to review the existing development program and, if appropriate, suggest changes to the program for 433 vacant acres at the center of the Briargate community. GG+A evaluated the demand opportunities and competitive constraints that will apply to the 433-acre parcel… Read More
Financial Analysis and Negotiation Support for Marriot Buttes Resort Ground Lease Extension
Client: City of Tempe (AZ) The City of Tempe received a proposal to extend and recast the ground lease underlying the Tempe Buttes, an approximately 345 room resort hotel with 40,000 square feet of meeting space. Based on review of a voluminous set of documents, GG+A prepared a base case forecast of the value of… Read More
Comprehensive County Facilities Plan
Client: Sonoma County (CA) GG+A was part of a team that prepared a facilities master plan for Sonoma County. The plan included the development of a long-term real estate strategy for Sonoma County facilities. The comprehensive county facilities plan comprised a service delivery plan, real estate plan, and financial plan. GG+A prepared the financial analysis… Read More
Alameda County Real Estate Master Plan
Client: Alameda County Gruen Gruen + Associates (GG+A) contributed market analysis and financial analysis to support the preparation of a real estate master plan for Alameda County. The master plan included the development of long-term strategies for the use of office space in Oakland and Hayward to accommodate the workplace needs of Alameda County employees,… Read More
Evaluation of Assets & Disposition Programming
Client: Chicago Transit Authority (CTA) Gruen Gruen + Associates (GG+A), in association with LaSalle Partners, was engaged by the Chicago Transit Authority (CTA) to identify and evaluate the real estate assets of the CTA, identify opportunities for enhancing needed assets and program surplus assets for disposition. GG+A developed site evaluation criteria and in conjunction with… Read More
Strategic Assessment of Deerbrook Mall
Client: VMC VMC, the management and leasing agent for Deerbrook Mall, engaged Gruen Gruen + Associates (GG+A) to conduct a strategic assessment of the Mall. This assessment included a realistic analysis of the trade area market and investment analysis to identify and evaluate strategies to help solidify the Mall’s long-run market position. To complete the… Read More