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Fresenius
consolidates
headquarters
and saves $60M

impact-slug-min

Saved $6M annually in lease avoidance, $60M in total over 10 years.

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Challenge

Fresenisus wanted to consolidate their North American headquarters buildings to reduce costs, but didn’t have the data to confidently make a decision. Manual observation studies and feedback from department leaders weren’t effective or reliable data points to support decision making.

Solutions

VergeSense insights revealed average space utilization of one of the two headquarters buildings was only 20%, which gave them the confidence to not resign a lease in one of the buildings, leading to cost avoidance of $60M over 10 years.

In addition, feedback from employees and department leaders revealed that they sized the space correctly, without any meaningful impact to employee experience.

Results

Fresenius saved $6M annually in lease avoidance, $60M in total over 10 years.

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