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Unbiased advice into real estate planning process helps guide lender's headquarters construction

May 31, 2013 Case Study 1 min read
GreenStone Farm Credit Services, Michigan's largest agricultural lender, desired better space to meet its growth and increase exposure.

The challenge

GreenStone Farm Credit Services, Michigan's largest agricultural lender, desired better space to meet its growth and increase exposure. Due to the significance of the project, GreenStone needed a real estate market expert to bring unbiased advice to its planning and decision-making process.

The solution

Plante Moran Cresa (PMC) led GreenStone through a disciplined process to first develop space needs and facility attributes. We then prepared a comprehensive feasibility study that included financial modeling of various alternatives. These resources gave GreenStone the information it needed to make a real estate choice that was right for its future.

The benefit

With strong consideration given to capital investment, timing, risk, and potential benefits, PMC assisted GreenStone in its decision to build a 77,000-square-foot headquarters in East Lansing, Michigan. PMC acted as an owner's representative during design and construction of the new facility, which was completed in 2010.

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