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Case Study: Sealed Air Sealed Air produces packaging solutions across industries, from food and beverage to medical. With a diverse portfolio of real estate, the company was looking for a real estate partner that could centralize the management and execution of its global real estate strategy. Gil Hutzler Executive Vice President [email protected] +1 410 244 3152 Client Client Name Location Global Topline 42% rent reduction Key Information Contact Us The Challenge CBRE’s Gil Hutzler began working with Sealed Air in 2013, with its portfolio encompassing 27.5 million square feet. With plans to restructure and downsize its footprint, Gil helped execute a real estate strategy that streamlined the portfolio to 17.2 million square feet, resulting in a 42% rent reduction. The work included a 388,000 square foot headquarter relocation and executing on more than 4 million square feet of distribution and manufacturing projects. With quarterly business strategy meetings, the team helps make sure Sealed Air’s real estate approach and execution align with its business imperatives. CBRE Helps Sealed Air Optimize Real Estate Operations The Solution
