Acting as St. Anthony’s real estate consultant, Intelica traveled to the landlord’s out-of-town offices to conduct an in-house audit of the relevant data. The audit lasted nearly a week and uncovered issues with more than 150 leases. Intelica collected critical data and made it available via an industry-standard lease administration software. In addition, Intelica negotiated a bulk lease renewal standardizing and amending certain landlord centric clauses. These solutions encouraged an open, informed dialogue between St. Anthony’s and the landlord, which helped to repair relations long-term.
Ultimately, Intelica’s consultancy yielded commercial real estate savings of more than $800,000 for St. Anthony’s Medical Center. In recognition of these efforts, both the St. Louis Association of Realtors and the Society of Office and Industrial Realtors awarded broker Dan Dokovic “Biggest Transaction of the Year.”