Cloudant

Accommodating quick growth as a team

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Cloudant came to McCall & Almy at an exciting time in their growth and company history. Not only were they more than doubling in size, but behind the scenes during our discussions, they were considering an acquisition by IBM. So, what began as a conversation with a tech startup became a bigger story as we worked together. They needed an experienced team to work quickly to help them make decisions that would allow for growth and change in their future.

Locations

Boston, MA

Client since

2012

Category

Technology

Sf of transaction

10,000 SF

A FLEXIBLE LEASE WITH FORTUNE 500 RESULTS

To accommodate the rapid growth along with the acquisition possibilities, Cloudant’s next lease needed flexibility. Their increased headcount forced them to move out of their existing space prior to its expiration date, but through tough negotiations we got them out of their existing lease and avoided having to pay rent in both places. As a startup with discrete cash flow and resources, this amounted to a significant savings.

I did not know what I was missing before McCall & Almy. Every broker says they do excellent client service, but these guys do it better. The way they approach real estate and business is different and their level of service is excellent.”

Derek Schoettle, General Manager

IBM Cloudant