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

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Property Type

Class A Industrial

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Tenant Industry

Office Furniture Manufacturer

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Size

130,000 Sq Ft

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Submarket

Pasadena

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Transaction Type

Lease

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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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