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Strategic Alliance In support of Corporate Real Estate Services
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Services
- Binswanger acts as Cummins’ primary supplier worldwide, including the Americas, EMEA and Asia Pacific
- Binswanger provides to Cummins the following:
Strategic Advisory Services Transaction Management Project Management Lease Administration |
Sampling of Recent Activities
- Created a policies and procedural manual for all Real Estate Services, standardized executive management, project management reporting, cost savings and value-added reports
- Saved over $1M on a early renewal on a distribution warehouse in the South East US
- Eliminated $43M in Insurance Risk Exposure on a building sale in Indiana
- Renegotiated an expired lease that had lapsed, and in doing so eliminated the 200% holdover and at a lower rent than the existing term
- Currently working on over 15 assignments globally
- In working with the Cummins Corporate Real Estate Group together we have created enough “buzz” that the group has since been moved from 3rd tier reporting in the Finance chain to a direct report to the Chief Legal Counsel
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