Blue Cross Blue Shield III

Office | Columbia, South Carolina

150,000 sq. ft. | $12,300,000

Chris Nash represented the joint venture development partnership during the pre-development and procurement phases of this 2-story 150,000 square foot build to suit office building.  The partnership had earlier issued a Letter of Intent to a general contractor seeking to enter into a guaranteed maximum contract with a split savings.  In the first meeting with the Client, tenant, and contractor, Chris Nash uncovered $500K of fluff in the budget that resulted in a significant boost to profit and reduction in the tenant’s rental rate.  Based on this demonstration of value added, a powerful chord was struck gaining total confidence of the Client and his tenant.  The project was very successful, and Nash’s group was engaged for subsequent projects.

 

The project was developed or constructed by principals of Raymond Engineering prior to founding the company