CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We just helped a client who was about to sign a lease renewal while representing themselves. We got involved at the last minute and provided them a true picture of market conditions, which resulted in them receiving an additional 3 months of free rent and free parking. A common misconception is that our involvement somehow worsens the deal, but this couldn’t be farther from the truth!!

Property Type: Class A Office
Tenant Industry: Energy Firm
Size: 3,360 SF
Submarket: Galleria
Transaction Type:
Renewal
Free Rent: 8 months free
Negotiated Discount (%) 17%
Parking: Free for the first 34 months
Renewal Option:
Yes
Sublease Rights: Yes

Ryan Hartsell

(281) 923-5660
rhartsell@oxfordcres.com