CASE STUDY / DEAL REVIEW

Oxford Agents:    Chase McAteer

Summary:

Our internationally based client was looking to open their first fabrication shop in the United States. We were able to locate a suitable crane-served facility that will meet their current needs. The landlord upgraded the crane capacity in the building as part of the negotiated deal.

Property Type: Class B Warehouse
Tenant Industry: Manufacturing & Fabrication
Size: 17,500 sq ft
Submarket: Northwest Houston
Free Rent: 2 months
Tenant Improvements: Turnkey make ready of the office area, Landlord installed 15-ton crane
Negotiated Discount: 12 %
Renewal Option: Yes
Right of First Refusal: Yes
Sublease Rights: Yes
Termination Rights: Tenant has an on-going right to terminate the lease.

Chase McAteer

(904) 874-5822
cmcateer@oxfordcres.com