CASE STUDY / DEAL REVIEW
Oxford Agents: Ryan Hartsell
Summary:
We are pleased to announce that we were able to help a client who needed to expand their medical practice but had 4 years remaining on the lease. We were able to leverage our relationships and transaction volume in the market which resulted in them securing a market rate expansion with 7 months of free rent and turn-key construction on their expansion premises.
| Property Type: | Class B Office |
| Tenant Industry: | Medical |
| Size: | 3,320 SF |
| Submarket: | Clear Lake |
| Renewal/Relocation/Purchase/Sale/New Location: |
Early Renewal Expansion |
| Free Rent: | 7 months |
| Tenant Improvements: | $16 psf turn-key |
| Negotiated Discount: | 17% |
| Parking: | Free Reserved and Unreserved |
| Termination Option: |
Yes |
| Renewal Option | Yes |
| Sublease Rights: | Yes |
Ryan Hartsell
(281) 923-5660
rhartsell@oxfordcres.com
