Gannett Fleming, Inc., a leading architecture, engineering, and construction (AEC) firm, engaged in a strategic real estate transaction involving its property at 1010 Adams Avenue, Norristown, PA.
The property, spanning 50,000 square feet, was subject to a sale-leaseback arrangement. Gola Corporate Real Estate (GCRE) exclusively represented Gannett Fleming in this transaction, which allowed the company to unlock capital from its real estate holdings while retaining operational control over half of the facility.
Gola Project Management (Gola PM) was instrumental in the project’s success by evaluating Gannett Fleming’s space needs to ensure the leased area was customized for both present and future requirements. They managed every aspect of the build-out, from construction of the interior fit-out to system installations.
