Addison-based Mohr Partners—a leading global corporate real estate advisory and outsourcing services firm—is following a growing trend in North Texas business outreach to India with a newly announced overseas expansion.
On Monday, Mohr announced that it is formally establishing a corporate outsourcing business in India “to support its growing lease administration/accounting and rent payments business for its corporate occupier clients.”
Follows several years of pursuing strategic partnerships
The company had a running start in doing this: Mohr has conducted business for several years in India through strategic partnerships with leading India– and U.S.-based third-party outsourcing firms.
Expansion will support Mohr’s global lease services functions
Mohr Partners says it will now internalize its back-office people and processes by hiring employees directly to work in the Indian cities of Mumbai, New Delhi, Chennai, and Coimbatore. The expansion will better support Mohr’s rapidly growing global lease services functions, the company said.
“Our new India-based back-office operations will enable us to rapidly scale our global lease services business, which has become our fastest growing service line,” Sohail Hamirani, Mohr Partners’ CFO and head of global lease services, said in a statement.
Hamirani will lead the new India operation, which will serve as the platform for Mohr Partners’ planned expansion into offering business process outsourcing (BPO) services in corporate real estate. The company expects the expansion to grow over time to include other critical BPO functions for Mohr Partners’ occupier clients that are looking to reduce operational cost structures.
CEO: Won’t affect Mohr’s U.S.-based global lease services team
Robert Shibuya, Mohr Partners’ chairman and CEO, said the India expansion won’t impact the company’s U.S. based global lease services team.
“Our new back-office presence in India will have no effect on our U.S.-based global lease services professionals who will continue to serve as the account managers, oversee quality control functions and self-perform all lease administration/accounting functions for our clients who require all work is performed in the U.S.,” Shibuya said in a statement.
Founded in 1986, Mohr is headquartered in the Wellington Center Office Building at 14643 Dallas Parkway in the North Dallas suburb of Addison. The company provides corporate occupiers with portfolio services including strategic planning, business intelligence, lease administration and accounting, research and site selection, labor analytics, project and construction management, comprehensive demographics analysis, economic incentives negotiations, transaction management and facility services.
The company says it completes transactions for its clients in all 50 U.S. states, all provinces of Canada, and locations around the world. It has strategic alliance partners in Canada, Mexico/Latin America, EMEA, and the Asia Pacific region.
The company’s recent leadership moves include the March promotion of Misti Meggs as Mohr’s new chief commercial officer and the hiring of corporate real estate veteran Russell Gum as managing director of client solutions.
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