ADOBE - ADVISORY SERVICES
COMPANY SYNOPSIS
Adobe is one of the world’s leading software companies, headquartered in San Jose, CA. Publicly traded; Adobe aims to turn engaging digital experiences into more valuable interactions every day, across media and devices, anywhere, anytime.
BUSINESS QUESTION
As a part of the 2009 New England site acquisition, Adobe had a variety of complex real estate issues to manage. These included; site due diligence (zoning, environmental, signage approvals etc), structural review, project budget and pricing etc. Prior to entering into a purchase and sale agreement, Adobe management needed certainty that the selected site met the company’s key CRE criteria.
APPLIED BUSINESS APPROACH
T3’s Advisory Services team was hired to act as Adobe’s Owners Representative on the project working in partnership with T3’s CSG Transaction team and Adobe’s internal real estate staff. T3’s Advisory team led the property due diligence efforts prior to p&s execution. Following execution, T3 managed the overall project and helped manage the construction and architectural teams. Based in San Jose, Adobe needed a local expert to represent their interests daily on the project. T3 successfully managed a variety of vendors and consultants and successfully delivered the project on time and on budget.
