CresaPartners Represents Navitus Health Solutions for Expansion to Arbor Gate

PRLog (Press Release) - Jul. 26, 2010 - MADISON WI, July 23, 2010 – CresaPartners is pleased to have represented Navitus Health Solutions to facilitate their expansion in the Madison marketplace.  Navitus Health Solutions will move from a 15,000 square foot facility at 999 Fourier Drive into a 29,000 square foot, corporate headquarters at the Arbor Gate Office Project located at 2601 West Beltline Highway during the third quarter of 2010.
Navitus Health Solutions is a pharmacy benefit company committed to lowering drug costs, improving health and providing superior customer service in a manner that instills trust and confidence.  Navitus Health Solutions offers a wide variety of pharmacy benefit management services, including benefit design and consulting, formulary management, pharmacy network management and clinical programs.
CresaPartners was engaged by Navitus Health Solutions in August of 2009 with a mandate to identify and secure expansion space driven by Navitus’s growth.  CresaPartners’ Managing Principals, Matt Apter and Tim Rikkers, successfully represented Navitus Health Solutions in negotiating the lease for the expansion facility.  The landlord, Mortensen Investment Group, represented themselves.  “We were pleased with the scope of services provided by CresaPartners.  In addition to their market knowledge and negotiating skills, they were able to take a tremendous amount of work from my plate and allowed me and our executive team to remain focused on running Navitus”, Pete Beste, CFO and Senior Vice President.

About CresaPartners, LLC
CresaPartners is Wisconsin’s largest commercial real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: transaction management, relocation planning and management, strategic planning, site selection and incentives, subleases and dispositions, lease administration, facilities consulting and facility acquisition. For more information, visit www.cresapartners.com.


Media contact information:

CresaPartners, LLC
Matthew J. Apter
738 Lorillard Court, Suite 100
Madison, WI 53703
608-467-1513
mapter@cresapartners.com

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CresaPartners is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services. CresaPartners covers more than 125 locations in 35 countries.