Piper Jaffray, now U.S. Bancorp, faced an expiring downtown Minneapolis lease with high occupancy costs. They wanted to know what their downtown options were but did not want to constrain the search to the Minneapolis CBD. All alternatives, such as developing a suburban facility for all or part of their workforce, had to be considered.

Keewaydin led an exhaustive evaluation of the
comparative costs and benefits of leasing vs. buying,
of the benefits of suburban operations, of the costs of relocation and of Piper’s long term need to attract a particular type of workforce. | case study >