Case Study: 125,000 SF of Strategic Corporate Real Estate Solutions

200 Airside Drive, Moon Township PA

All of the research information and financial data that Carrie Holstead put together for us was so complete during the lease review process that I could immediately turn it over to our CFO for analysis. The cost savings was important to us, and Carrie did a fabulous job of understanding our goals, leveraging our requirement, and negotiating a package that protects our real estate needs for the long term.

Jeanne D. Cotter, Vice President of Quality Veolia Water Solutions & Technologies, North America

Veolia Water Solutions & Technologies, North America

Objective Tenant Representation Services


N.A. Water Systems, LLC, a Veolia Water Solutions & Technologies company (VWS), is a world leader in engineering and technological solutions in water treatment for industrial and municipal authorities. Some eighteen months prior to the expiration of its regional headquarters lease, they turned to Carrie to dispose of approximately 30,000 square feet of office space and identify the best, long term leasing solution in the Pittsburgh, Pennsylvania area for future needs of the regional headquarters.


Carrie launched a comprehensive subleasing campaign to dispose of office space no longer required. At the same time, she leveraged the market and entered into negotiations at multiple buildings suitable for VWS. The sublease campaign was successful and resulted in a credit worthy company desiring VWS’ extra space. The landlord rejected this sublease in order to accommodate a growing tenant at his complex. The landlords’ prospect fell through and it was too late to salvage the rejected sublease. Ultimately, attractive business terms were achieved at the current building.


  • Cost savings of $1.65 million for Pittsburgh regional HQ
  • Base rent reduction of $4.25/SF
  • T.I. allowance of some $630,000
  • Renewal option at fixed rate
  • Ongoing right of first refusal
  • Branding on exterior of  building
  • Long term protections in multi-million dollar leases
  • Engaged Carrie to provide strategic corporate real estate solutions totaling some 125,000 SF

See More Case Studies

Get Results for Your Business

For more information, contact Carrie S. Holstead at

+1 (412) 255- 3737

Contact Carrie Today and Get Results