CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We helped a client who needed to expand and relocate from an overpriced, outdated warehouse into a cheaper, more modern warehouse. We toured the market comprehensively to find an option willing to provide free rent and competitive rent so that the company could relocate early. Congrats to Ryan Hartsell for representing your client in this transaction!

Property Type: Class A Warehouse
Tenant Industry: 3PL
Size: 22,500 SF
Submarket: IAH
Transaction Type: Relocation
Free Rent: 4 months base free
Tenant Improvements: Spec office ready w/ two (2) new HVAC
Negotiated Discount (%): 11%
Renewal Option:
Yes
Other deal points worth mentioning: Free inventory storage before September 1st

Ryan Hartsell

(281) 923-5660
rhartsell@oxfordcres.com