SITEL required Colliers International Panama to find an office space in order to consolidate their 3 current sites in Panama. The location had to comply with the following specifications:
- Finding a space of approximately 10,000 sqm
- Close to main bus stops, metro stops, and universities
- Finding an office space with a price adequate for a call center
We took different approaches for finding a location with all the specific needs. We presented several buildings that suited most of their requirements. Finally, to ensure all specifications where met we found a motivated landlord who offered a build to suit option for Sitel ensuring all specifications with the best price in the market.
We provided tenant representation services offered by Colliers International Panama. We gave support in contract negotiations and gave support in terms of advice, guidance, and information on the office market.
We managed a successful deal by bringing the transaction in favor of Sitel which permitted Sitel the flexibility and growth for the next 15 years in Panama.