SlideShare a Scribd company logo
SUCCESS STORY
                           NEGOTIATIONS WITH LOCAL GOVERNMENT OFFICIALS RESULTED IN AN ESTIMATED $13
                           PER SQUARE FOOT SAVINGS IN TAXES

                           CHALLENGE                                          SERVICES
CLIENT                     Qwest, a national fiber optic communication        After receiving competitive bids from
                           company, needed to locate and open a               contractors and developers, Jim continued
Qwest                      network operation center near its buried           working closely with the client throughout
8180 Green Meadows Dr.     cable. They also had the specific need of          construction. He also went to bat for Qwest
Lewis Center, OH, USA
                           finding a product that was N+2 redundant,          during negotiations and met with state and
                           able to complete tenant improvement within         local officials to complete the transaction.
TEAM                       120 days and operational in 180 days.
                                                                              RESULTS
James Corbett, CPM, CCIM
                           STRATEGY                                           Negotiations with local government officials
STATISTICS                 Location analysis was necessary to target an       resulted in an estimated $13 per square foot
60,000 SF, high bay        optimal site keeping the following factors in      savings in taxes. The savings from ten-year
industrial building able   mind: connectivity, rental rate, operating cost,   real estate and property taxes exceed the
to withstand natural       tax incentives and the developer’s ability to      cost of rent and operating expenses and
disasters.                 deliver the building on time.                      equal more than $8 million in tax savings.


www.colliers.com




Accelerating success.

More Related Content

Similar to Case Study Qwest

Michael Polito Resume Revised 7.17.16
Michael Polito Resume Revised 7.17.16Michael Polito Resume Revised 7.17.16
Michael Polito Resume Revised 7.17.16
tyeeseeker
 
Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09
Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09
Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09
Will Gibney
 
Clay Eubanks-Seasoned Sales Consultant
Clay Eubanks-Seasoned Sales ConsultantClay Eubanks-Seasoned Sales Consultant
Clay Eubanks-Seasoned Sales Consultant
Clay Eubanks
 
Clay Eubanks-Seasoned Sales Consultant
Clay Eubanks-Seasoned Sales ConsultantClay Eubanks-Seasoned Sales Consultant
Clay Eubanks-Seasoned Sales Consultant
Clay Eubanks
 
Houston's Office Tenant Letter - February 2010
Houston's Office Tenant Letter - February 2010Houston's Office Tenant Letter - February 2010
Houston's Office Tenant Letter - February 2010
Bob Lowery
 
CBIZ Commercial Real Estate Newsletter - May 2018
CBIZ Commercial Real Estate Newsletter - May 2018CBIZ Commercial Real Estate Newsletter - May 2018
CBIZ Commercial Real Estate Newsletter - May 2018
CBIZ, Inc.
 
REALpac - Building Energy Benchmarking in B.C.
REALpac - Building Energy Benchmarking in B.C.REALpac - Building Energy Benchmarking in B.C.
REALpac - Building Energy Benchmarking in B.C.
Pembina Institute
 
Gartner
GartnerGartner
Gartner
egriffin22
 
Commercial Real Estate - Reduce Taxes / Increase Cash Flow / Minimize Risk
Commercial Real Estate - Reduce Taxes / Increase Cash Flow / Minimize RiskCommercial Real Estate - Reduce Taxes / Increase Cash Flow / Minimize Risk
Commercial Real Estate - Reduce Taxes / Increase Cash Flow / Minimize Risk
Sarah Cirelli
 
Banking on Energy Efficiency in Real Estate
Banking on Energy Efficiency in Real EstateBanking on Energy Efficiency in Real Estate
Banking on Energy Efficiency in Real Estate
Virtual ULI
 
Property Assessed Clean Energy (PACE) Program
Property Assessed Clean Energy (PACE) ProgramProperty Assessed Clean Energy (PACE) Program
Property Assessed Clean Energy (PACE) Program
lerchearly
 
Property Management Firm Creates Energy - Efficient Smart Building
Property Management Firm Creates Energy - Efficient Smart BuildingProperty Management Firm Creates Energy - Efficient Smart Building
Property Management Firm Creates Energy - Efficient Smart Building
Cisco Canada
 
What Is Cost Segregation
What Is Cost SegregationWhat Is Cost Segregation
What Is Cost Segregation
pharp
 
reliance steel & aluminum 2008_12_03_01_Goldman_Sachs_Conference_Presentation
reliance steel & aluminum  2008_12_03_01_Goldman_Sachs_Conference_Presentationreliance steel & aluminum  2008_12_03_01_Goldman_Sachs_Conference_Presentation
reliance steel & aluminum 2008_12_03_01_Goldman_Sachs_Conference_Presentation
finance32
 
Icba 2020 tump revised 3 03_20 (redacted version)
Icba 2020 tump revised 3 03_20 (redacted version)Icba 2020 tump revised 3 03_20 (redacted version)
Icba 2020 tump revised 3 03_20 (redacted version)
Mona Ashour
 
Bfti investor pitch deck template
Bfti investor pitch deck templateBfti investor pitch deck template
Bfti investor pitch deck template
Carl Nurse
 
Steel Street Powerpoint
Steel Street PowerpointSteel Street Powerpoint
Steel Street Powerpoint
acheerla
 
Comm realestate-finance-green
Comm realestate-finance-greenComm realestate-finance-green
Comm realestate-finance-green
tapask7889
 
Briefing to Retail Shareholders Hosted by SIAS
Briefing to Retail Shareholders Hosted by SIASBriefing to Retail Shareholders Hosted by SIAS
Briefing to Retail Shareholders Hosted by SIAS
KeppelCorporation
 
6 TCJA Takeaways on Bonus Depreciation and Cost Segregation
6 TCJA Takeaways on Bonus Depreciation and Cost Segregation6 TCJA Takeaways on Bonus Depreciation and Cost Segregation
6 TCJA Takeaways on Bonus Depreciation and Cost Segregation
CBIZ, Inc.
 

Similar to Case Study Qwest (20)

Michael Polito Resume Revised 7.17.16
Michael Polito Resume Revised 7.17.16Michael Polito Resume Revised 7.17.16
Michael Polito Resume Revised 7.17.16
 
Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09
Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09
Optimizing Your Next Demand Generation Campaign - Best Practices, 9 10 09
 
Clay Eubanks-Seasoned Sales Consultant
Clay Eubanks-Seasoned Sales ConsultantClay Eubanks-Seasoned Sales Consultant
Clay Eubanks-Seasoned Sales Consultant
 
Clay Eubanks-Seasoned Sales Consultant
Clay Eubanks-Seasoned Sales ConsultantClay Eubanks-Seasoned Sales Consultant
Clay Eubanks-Seasoned Sales Consultant
 
Houston's Office Tenant Letter - February 2010
Houston's Office Tenant Letter - February 2010Houston's Office Tenant Letter - February 2010
Houston's Office Tenant Letter - February 2010
 
CBIZ Commercial Real Estate Newsletter - May 2018
CBIZ Commercial Real Estate Newsletter - May 2018CBIZ Commercial Real Estate Newsletter - May 2018
CBIZ Commercial Real Estate Newsletter - May 2018
 
REALpac - Building Energy Benchmarking in B.C.
REALpac - Building Energy Benchmarking in B.C.REALpac - Building Energy Benchmarking in B.C.
REALpac - Building Energy Benchmarking in B.C.
 
Gartner
GartnerGartner
Gartner
 
Commercial Real Estate - Reduce Taxes / Increase Cash Flow / Minimize Risk
Commercial Real Estate - Reduce Taxes / Increase Cash Flow / Minimize RiskCommercial Real Estate - Reduce Taxes / Increase Cash Flow / Minimize Risk
Commercial Real Estate - Reduce Taxes / Increase Cash Flow / Minimize Risk
 
Banking on Energy Efficiency in Real Estate
Banking on Energy Efficiency in Real EstateBanking on Energy Efficiency in Real Estate
Banking on Energy Efficiency in Real Estate
 
Property Assessed Clean Energy (PACE) Program
Property Assessed Clean Energy (PACE) ProgramProperty Assessed Clean Energy (PACE) Program
Property Assessed Clean Energy (PACE) Program
 
Property Management Firm Creates Energy - Efficient Smart Building
Property Management Firm Creates Energy - Efficient Smart BuildingProperty Management Firm Creates Energy - Efficient Smart Building
Property Management Firm Creates Energy - Efficient Smart Building
 
What Is Cost Segregation
What Is Cost SegregationWhat Is Cost Segregation
What Is Cost Segregation
 
reliance steel & aluminum 2008_12_03_01_Goldman_Sachs_Conference_Presentation
reliance steel & aluminum  2008_12_03_01_Goldman_Sachs_Conference_Presentationreliance steel & aluminum  2008_12_03_01_Goldman_Sachs_Conference_Presentation
reliance steel & aluminum 2008_12_03_01_Goldman_Sachs_Conference_Presentation
 
Icba 2020 tump revised 3 03_20 (redacted version)
Icba 2020 tump revised 3 03_20 (redacted version)Icba 2020 tump revised 3 03_20 (redacted version)
Icba 2020 tump revised 3 03_20 (redacted version)
 
Bfti investor pitch deck template
Bfti investor pitch deck templateBfti investor pitch deck template
Bfti investor pitch deck template
 
Steel Street Powerpoint
Steel Street PowerpointSteel Street Powerpoint
Steel Street Powerpoint
 
Comm realestate-finance-green
Comm realestate-finance-greenComm realestate-finance-green
Comm realestate-finance-green
 
Briefing to Retail Shareholders Hosted by SIAS
Briefing to Retail Shareholders Hosted by SIASBriefing to Retail Shareholders Hosted by SIAS
Briefing to Retail Shareholders Hosted by SIAS
 
6 TCJA Takeaways on Bonus Depreciation and Cost Segregation
6 TCJA Takeaways on Bonus Depreciation and Cost Segregation6 TCJA Takeaways on Bonus Depreciation and Cost Segregation
6 TCJA Takeaways on Bonus Depreciation and Cost Segregation
 

Recently uploaded

The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
APCO
 
How to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM SoftwareHow to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM Software
SalesTown
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
SEOSMMEARTH
 
How MJ Global Leads the Packaging Industry.pdf
How MJ Global Leads the Packaging Industry.pdfHow MJ Global Leads the Packaging Industry.pdf
How MJ Global Leads the Packaging Industry.pdf
MJ Global
 
Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
ssuser567e2d
 
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
Lviv Startup Club
 
The Genesis of BriansClub.cm Famous Dark WEb Platform
The Genesis of BriansClub.cm Famous Dark WEb PlatformThe Genesis of BriansClub.cm Famous Dark WEb Platform
The Genesis of BriansClub.cm Famous Dark WEb Platform
SabaaSudozai
 
Call8328958814 satta matka Kalyan result satta guessing
Call8328958814 satta matka Kalyan result satta guessingCall8328958814 satta matka Kalyan result satta guessing
Call8328958814 satta matka Kalyan result satta guessing
➑➌➋➑➒➎➑➑➊➍
 
2022 Vintage Roman Numerals Men Rings
2022 Vintage Roman  Numerals  Men  Rings2022 Vintage Roman  Numerals  Men  Rings
2022 Vintage Roman Numerals Men Rings
aragme
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
Christian Dahlen
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
techboxsqauremedia
 
TIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup IndustryTIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup Industry
timesbpobusiness
 
Building Your Employer Brand with Social Media
Building Your Employer Brand with Social MediaBuilding Your Employer Brand with Social Media
Building Your Employer Brand with Social Media
LuanWise
 
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your TasteZodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
my Pandit
 
Digital Marketing with a Focus on Sustainability
Digital Marketing with a Focus on SustainabilityDigital Marketing with a Focus on Sustainability
Digital Marketing with a Focus on Sustainability
sssourabhsharma
 
The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...
The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...
The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...
Stephen Cashman
 
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
my Pandit
 
GKohler - Retail Scavenger Hunt Presentation
GKohler - Retail Scavenger Hunt PresentationGKohler - Retail Scavenger Hunt Presentation
GKohler - Retail Scavenger Hunt Presentation
GraceKohler1
 
The latest Heat Pump Manual from Newentide
The latest Heat Pump Manual from NewentideThe latest Heat Pump Manual from Newentide
The latest Heat Pump Manual from Newentide
JoeYangGreatMachiner
 
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
bosssp10
 

Recently uploaded (20)

The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
 
How to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM SoftwareHow to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM Software
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
 
How MJ Global Leads the Packaging Industry.pdf
How MJ Global Leads the Packaging Industry.pdfHow MJ Global Leads the Packaging Industry.pdf
How MJ Global Leads the Packaging Industry.pdf
 
Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
 
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
 
The Genesis of BriansClub.cm Famous Dark WEb Platform
The Genesis of BriansClub.cm Famous Dark WEb PlatformThe Genesis of BriansClub.cm Famous Dark WEb Platform
The Genesis of BriansClub.cm Famous Dark WEb Platform
 
Call8328958814 satta matka Kalyan result satta guessing
Call8328958814 satta matka Kalyan result satta guessingCall8328958814 satta matka Kalyan result satta guessing
Call8328958814 satta matka Kalyan result satta guessing
 
2022 Vintage Roman Numerals Men Rings
2022 Vintage Roman  Numerals  Men  Rings2022 Vintage Roman  Numerals  Men  Rings
2022 Vintage Roman Numerals Men Rings
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
 
TIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup IndustryTIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup Industry
 
Building Your Employer Brand with Social Media
Building Your Employer Brand with Social MediaBuilding Your Employer Brand with Social Media
Building Your Employer Brand with Social Media
 
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your TasteZodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
 
Digital Marketing with a Focus on Sustainability
Digital Marketing with a Focus on SustainabilityDigital Marketing with a Focus on Sustainability
Digital Marketing with a Focus on Sustainability
 
The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...
The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...
The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...
 
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
 
GKohler - Retail Scavenger Hunt Presentation
GKohler - Retail Scavenger Hunt PresentationGKohler - Retail Scavenger Hunt Presentation
GKohler - Retail Scavenger Hunt Presentation
 
The latest Heat Pump Manual from Newentide
The latest Heat Pump Manual from NewentideThe latest Heat Pump Manual from Newentide
The latest Heat Pump Manual from Newentide
 
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
 

Case Study Qwest

  • 1. SUCCESS STORY NEGOTIATIONS WITH LOCAL GOVERNMENT OFFICIALS RESULTED IN AN ESTIMATED $13 PER SQUARE FOOT SAVINGS IN TAXES CHALLENGE SERVICES CLIENT Qwest, a national fiber optic communication After receiving competitive bids from company, needed to locate and open a contractors and developers, Jim continued Qwest network operation center near its buried working closely with the client throughout 8180 Green Meadows Dr. cable. They also had the specific need of construction. He also went to bat for Qwest Lewis Center, OH, USA finding a product that was N+2 redundant, during negotiations and met with state and able to complete tenant improvement within local officials to complete the transaction. TEAM 120 days and operational in 180 days. RESULTS James Corbett, CPM, CCIM STRATEGY Negotiations with local government officials STATISTICS Location analysis was necessary to target an resulted in an estimated $13 per square foot 60,000 SF, high bay optimal site keeping the following factors in savings in taxes. The savings from ten-year industrial building able mind: connectivity, rental rate, operating cost, real estate and property taxes exceed the to withstand natural tax incentives and the developer’s ability to cost of rent and operating expenses and disasters. deliver the building on time. equal more than $8 million in tax savings. www.colliers.com Accelerating success.