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Case Study 1 min read
AVL North America, a developer of powertrain systems, instrumentation, and test systems, needed a long-term real estate strategy to consolidate multiple locations and improve operational efficiencies.

AVL Plymouth Michigan

With assistance from Plante Moran Cresa, AVL developed a comprehensive real estate strategy to maximize operational efficiencies and minimize costs in multiple markets.

The challenge

AVL North America needed a long-term real estate strategy to consolidate multiple locations and improve operational efficiencies.

The solution

Plante Moran Cresa worked with AVL to define its real estate needs and position the firm to maximize available municipal incentives and financing opportunities to minimize costs.

Plante Moran Cresa also provided project management services during the entire build-to-suit process for a 70,000-square-foot building that brought AVL’s entire operations under one roof. The entire project was financed through Industrial Revenue Bonds (tax free), thereby minimizing financing costs. During negotiations, Plante Moran Cresa created a competitive environment for municipal inducements, land acquisition, and procurement of architectural, engineering, and construction services.

By consolidating operations in one location, AVL has improved operational efficiencies and accommodated their future growth plans.

The benefit

With assistance from Plante Moran Cresa, AVL developed a comprehensive real estate strategy to maximize operational efficiencies and minimize costs in multiple markets.