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Wardrop

For more than half a century, Wardrop Engineering has offered a full suite of technical and professional services to clients and communities around the world. The Wardrop name is recognized for its excellence, innovation and value. One of the fastest growing consulting engineering firms in North America, Wardrop has grown by delivering innovative and practical solutions on large and small, simple and complex projects for clients in both private and public sectors.

The Challenge

Due to its accelerated growth, Wardrop had accrued a variety of human resource and real estate challenges. Wardrop engaged the services of Savills to implement a real estate strategy for its GTA operations. With multiple offices across the GTA, Wardrop required a real estate plan that would allow for continued growth, flexibility, and attract and retain employees while focusing on potential savings through consolidation and brand consistency.

Savills Response

Savills engaged in an in-depth review and strategic study of all of Wardrop’s facilities. This analysis included a demographic study of all Wardrop employees and a thorough market analysis to identify the optimal locations for Wardrop’s operations, with a keen focus on expansion requirements and employee retention. Given the varying expiries on existing lease commitments, a multi-phase consolidation and expansion strategy was recommended for the company across the Greater Toronto Area. The strategy was presented to Wardrop’s executive committee and approved.

The Solution

As the first step of a multi-phase real estate plan, RF worked with Wardrop to secure a new 35,000-square-foot signature office location for its Mississauga operations. With the help of RF’s multi disciplinary team, Wardrop was able to explore a variety of real estate solutions ranging from traditional office towers to design build opportunities and mixed-use industrial facilities. Wardrop’s new Meadowvale facility will provide them with a strategic link to engineering clients and competitors, exposure to Highway 401, great expansion rights and a cost-competitive location that will allow for the conversion of an industrial space into a high-end, single-floor, open-concept environment. It has been RF’s pleasure to work with Wardrop and we continue to serve them in the next phase in their GTA real estate plan.

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Key contacts

Stan Krawitz

Stan Krawitz

Vice Chairman – Founder, Head of Canada

Savills Toronto

+1 416 480 0745 Ext. 3030

 

Ken Norris

Ken Norris

Senior Vice President, Branch Manager – Ontario Office

Savills Toronto

+1 416 480 0745 Ext. 3047