Case Study / Deal Review
Oxford Agents: Chase McAteer
Congrats to Chase McAteer for representing his client in this transaction! Our client needed assistance quickly locating a distribution facility near the container terminal at the Port of Houston for expansion. Within weeks of taking the assignment we located and negotiated a deal to allow occupancy in June.
Highlighted deal terms:
Free Rent: 2 months + 4 months reduced rent
Tenant Improvements: 2 PSF
Negotiated Discount: 6%
Parking: 80 spaces
Other rights or deal points: Tenant permitted an early move in to the space paying below market rent for up to 6 months, and use of a temporary office trailer unit during construction.
Chase McAteer
(904) 874-5822
cmcateer@oxfordcres.com
Property Type
Class A Industrial
Tenant Industry
Office Furniture Manufacturer
Size
130,000 Sq Ft
Submarket
Pasadena
Transaction Type
Lease
Free Rent
2 months + 4 months reduced rent
NEED HELP WITH YOUR COMMERCIAL REAL ESTATE?
CALL US TODAY: (713) 575-2703
NEED HELP WITH
YOUR COMMERCIAL REAL ESTATE?
CALL US TODAY: (713) 647-6400
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