Savills Helps RSM with Office Expansion after Merger with Technology Consulting Firm
RSM US LLP provides audit, tax and consulting services to middle market businesses, the engine of global commerce and economic growth. With over 9,000 employees across 90 cities nationwide, it is the fifth-largest accounting firm in the U.S. It is a member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.
RSM US, which already had a robust practice in Denver, acquired Junction Solutions, a locally based technology consulting firm, in 2015. Both locations had leases expiring within a year of each other. The goal was to bring the two cultures together, align them, and ensure that the Denver office space supported the long-term vision of the joined entities. The legacy business of RSM was continuing to grow at a rapid pace as Savills worked with the firm to solve its real estate puzzle, and the target size grew as well.
RSM’s real estate team led the internal analysis of headcount projections. It also looked at how the businesses could be integrated through real estate strategy and delved deeply into what personnel and growth capacity could be consolidated. In addition, there was a piece of the Junction Solutions business that needed to remain in the southeast suburbs for employee retention and client service access.
After a thorough investigation of options in both the Central Business District and suburbs, RSM chose to stay in its current downtown building, 555 17th St. It doubled its space to 36,000 SF, moving from one floor to two. RSM also leased 17,880 SF in 5990 Greenwood Village Plaza. The two options enabled a large number of former Junction Solutions employees to move downtown and integrate into the new firm. At the same time, more mobile technical experts remained in the more accessible and lower-cost suburbs.