CASE STUDY / DEAL REVIEW

Oxford Agents: Dylan Stiteler

Summary:
We assisted an existing client with a relocation as a new landlord purchased their building and tried to drive rents over market.

Property Type: 3 Star Industrial Warehouse Class B
Tenant Industry: Building Supplies
Size: 15,844 SF
Submarket: Close in NW
Transaction Type: Relocation
Tenant Improvements: As – is, new paint and carpet
Negotiated Discount (%): 5%
Renewal Option:
Yes
Right of First Refusal:
Yes
Sublease Rights: Yes

Other Rights worth mentioning:

HVAC cap $1000 per occurrence

Dylan Stiteler

(832) 433-0970
dstiteler@oxfordcres.com