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Challenge
US Bank is the sixth
largest financial services company in the US and the largest in the
Northwest. Through mergers and acquisitions, their real estate needs
change constantly. With over 150 branches and corporate locations in
Oregon and SW Washington, the Bank requires the disposition of excess
property, the renegotiation of leases for branches as well as assistance
in reconfiguring their corporate presence. With most of the decision
makers located in the Midwest, the Bank needs dependable advice in
making its real estate decisions.
Services Provided
Result
By understanding the Bank’s needs and working with its
local personnel, Kidder Mathews has disposed of excess real estate,
increased revenue from unused long-term leased premises and renegotiated
leases with the Bank’s landlords, including the Bank’s Tigard Triangle
Equipment Leasing Office.
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“The fact that US Bank is one of the
largest financial institutions in the country means that we need to
be able to have people in the field that we can trust to understand
our needs and act on our behalf. Mark Fraser fills that role. He
knows exactly what we are trying to accomplish, anticipates next
steps and helps us to achieve our goals in Oregon and SW
Washington.”
Joe Ullrich
Director of Corporate
Real Estate
Tara Dawson
Transaction Manager
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