BUSINESS NEWS BANSI PROPERTIES ANNOUNCES CONSTRUCTION PLANS FOR NEW OFFICE CAMPUS IN SUNRISE, FL Bansi Properties announced its plans for the creation of a new office campus and state- of-the-art office building in Sawgrass International Corporate Park. The facility, which will be one of the newest, leading office spaces in Sunrise, Florida, is scheduled for completion in 2023. Located in Sawgrass International Corporate Park, one of Broward County’s largest office parks, Bansi Properties’ proposed office campus will be situated on 22 acres of land with current plans including two large-scale office facilities available for lease. Comprised of 1500 Concord Terrace – the company’s latest- acquired, 180,000 square-foot property
– the campus will be adding a new four- floor, 140,000 square-foot office facility. Designed by leading South Florida architectural firm, FSMY, the building will feature a modern design with ample glass and natural light; large, efficient floor plates; design-build interiors; Energy Star and LEED-certified materials and designs; and the latest technological innovations. Additionally, the building will be strategically located right off the Sawgrass expressway for quick and easy commuting, as well as near the Sawgrass Mills Mall and other major retail destinations. The office space will be able to accommodate a large variety of clientele, with single tenant potential.
Interested in learning more
about the projects and ideas driving the AEC industry forward? Learn more with Civil+Structural Engineer Media.
JOHN BRAY , from page 1
align with what you are looking for, as it is easy to get caught up in negotiations and lose track of what your goals were initially. The buyer’s background includes but is not limited to: history, culture, reputation, past M&A experience, organizational structure, service line and market sector breakdown, and client base. 3. Integration and employees. Howwill your staff be integrated into their organization? What will be the roles of key leadership going forward? Are there expectations that specific people need to stick around for a period of time? Howwill you message this transaction internally to your employees? Howwill your existing offices and leadership be structured? Howwill the new entity be branded going forward? Will there be employment agreements? For whom? 4. Clients. Howwill you message this transaction externally to clients? Will the relationships with key clients need to be transferred in any way? Howwill this process be organized so that the client still receives the same level of service? Will there need to be a consolidation of CRM databases? 5. Due diligence. The buyer will provide a list of due diligence requests for you to provide once you are under exclusivity. This list typically includes but is not limited to: more detailed financial information, standard operating procedures, benefits information, project related documents, insurance, inventory, and many others. It is in your best interest to begin working with your finance and administration departments within your firm to organize this information in a way that will make the due diligence process easier to digest. Having this information organized will generally make you more attractive to any buyer in the market anyways, so it is always a good idea to be thinking about this aspect of the process ahead of time. John Bray , CM&AA is an advisor with Zweig Group’s M&A and executive search teams. Contact him at firstname.lastname@example.org.
PO Box 1528 Fayetteville, AR 72702
Chad Clinehens | Publisher email@example.com Sara Parkman | Senior Editor & Designer firstname.lastname@example.org Shirley Che | Contributing Editor email@example.com Liisa Andreassen | Correspondent firstname.lastname@example.org Tel: 800-466-6275 Fax: 800-842-1560 Email: email@example.com Online: zweiggroup.com/blogs/news Twitter: twitter.com/zweigletter Facebook: facebook.com/Zweig- Group-1030428053722402 Published continuously since 1992 by Zweig Group, Fayetteville, Arkansas, USA. ISSN 1068-1310. Issued weekly (48 issues/year). Free electronic subscription at zweiggroup.com © Copyright 2022, Zweig Group. All rights reserved.
M&A NEXT SYMPOSIUM Reserve your seat at the table as Zweig Group’s M&A thought leaders share insights and provide deep learning through an interactive experience focused on current and “next” practices in the world of M&A. This highly interactive event will be in Charleston, South Carolina April 28-29. Click here to learn more!
© Copyright 2022. Zweig Group. All rights reserved.
THE ZWEIG LETTER FEBRUARY 21, 2022, ISSUE 1429
Made with FlippingBook Annual report