CASE STUDY / DEAL REVIEW
Oxford Agents: Matt Rogers
Summary:
We helped a client relocate after terminating its lease due to a terrible management issue in their previous building. They had a tight budget and special considerations, which left us with few options to consider. We still focused on landlords we knew were good operators and negotiated a below market deal.
| Property Type: | CPA |
| Tenant Industry: | Office Class B |
| Size: | 2,023 SF |
| Submarket: | Energy Corridor |
| Renewal/Relocation/Purchase/Sale/New Location: |
Relocation |
| Free Rent: | 12 months gross abated |
| Tenant Improvements: | Turn-key ($40 PSF) |
| Negotiated Discount (%) | 24% |
| Additional Credits/Reimbursements: | $3 PSF Moving Allowance |
| Parking: | Free |
| Renewal Option | Yes |
| Sublease Rights: | Yes |
Matt Rogers
(713) 858-3764
mrogers@oxfordcres.com
