CASE STUDY / DEAL REVIEW

Oxford Agents: Matt Rogers

Summary:
We helped a client who is growing and needed to add another location at a lower cost to evaluate the growth and be faster responding to their demand needs. We spent time reviewing opportunities in the preferred area and talking with brokers heavily active in that area which resulted in a perfect warehouse at a below market rate, which allows them to grow more in the area with low overhead.

Property Type: Industrial
Tenant Industry: HVAC
Size: 7,730 sq ft
Submarket: Plano
Renewal/Relocation/Purchase/Sale/New Location:
New Location
Free Rent: 1
Tenant Improvements: New Paint and flooring, cleaned up restroom
Negotiated Discount (%) 18%
Parking: First Come First Serve
Renewal Option Yes
Sublease Rights: Yes

Matt Rogers

(713) 858-3764
mrogers@oxfordcres.com