21st Century Film Corporation Corporate Headquarters
County of Los Angeles Dept. of Children & Family Services
DDB Needham Worldwide Lease modification, renewal, and disposition. Los Angeles and Mexico City.
Federal National Mortgage Assoc. Western regional office and space disposition.
First 5 LA Please read the Case Study below.
Foote Cone & Belding Strategic consulting and space disposition
Kegel Tobin & Hamrick Headquarters Relocation
McCann Erickson Strategic Consulting
Sonnenblick-Del RIo Land Acquisition
Spray Gould & Bowers Relocation of offices in Los Angeles, Ventura, and Orange counties.
State of Alaska Consulting assignment, office consolidations in Anchorage, AK.
State of California
Government $1.04 million
Advertising $3 million
Financial $1.3 million
Non-Profit Org $2.4 million
Real Estate Developer $735,000
Law $1.8 million
When First 5 LA was established in 1998, its management retained Charles McArthur to find a headquarters for the new agency, a non-profit organization whose mission is to help children from birth to age five.
First 5 LA's satisfaction with its original location, leased space in downtown Los Angeles, and with our service, was evident when he was called upon again, in 2002, to explore the possibilities for a new headquarters. In this second assignment, Mr. McArthur assembled complete market data for the Greater Downtown Los Angeles area (existing space for lease or for sale and build-to-suit alternatives), developed relevant financial analyses, and presented the findings to First 5's decision-makers. He also spearheaded all business negotiations and assisted legal counsel in contractual negotiations.
The result: First 5 LA moved into 750 N Alameda Street at Union Station, a build-to-suit facility, in February 2005. During the course of negotiations, Mr. McArthur saved First 5 LA $1.9 million. The new 50,000 square-foot headquarters contains a day care center, public meeting rooms, a multi-media boardroom, administration offices and space to expand. First 5 LA leased the space with an option to purchase. When First 5 LA subsequently exercised their option to purchase, they realized a market value savings exceeding $4 million.
During the project's tenant improvement phase, First 5 LA called upon Mr. McArthur for his expertise in project management, resulting in an additional savings of over $500,000.00.