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
