Northwestern Kellogg logo

Take Action

Home | Faculty & Research Overview | Research

Research Details

Office Space, A Company's Frontier: The Corporate Decision to Buy or Lease

Abstract

Markus Steuer, director of real estate at Drechtal Pharmaceuticals, must decide where his firm should locate in the immediate future. Drechtal was currently leasing space in seven different buildings, yet the company anticipated a dramatic increase in headcount should its first oncology drug, Trianoline, be approved by Swissmedic. The potential increased demand for space initiated Steuer's investigation into whether it was optimal to continue to lease space or whether or not Drechtal should invest in its own corporate headquarters. With the current leases set to expire over the coming 24 months, it was an opportune time to consider the company's options.

Type

Case

Author(s)

Craig Furfine

Date Published

09/29/2016

Citations

Furfine, Craig. Office Space, A Company's Frontier: The Corporate Decision to Buy or Lease. Case 5-315-500 (KEL983).

PREVIEW or BUY
KELLOGG INSIGHT

Explore leading research and ideas

Find articles, podcast episodes, and videos that spark ideas in lifelong learners, and inspire those looking to advance in their careers.
learn more

COURSE CATALOG

Review Courses & Schedules

Access information about specific courses and their schedules by viewing the interactive course scheduler tool.
LEARN MORE

DEGREE PROGRAMS

Discover the path to your goals

Whether you choose our Full-Time, Part-Time or Executive MBA program, you’ll enjoy the same unparalleled education, exceptional faculty and distinctive culture.
learn more