CASE STUDY / DEAL REVIEW
Oxford Agents: Ryan Hartsell
Summary:
We helped this client consider its relocation options but ultimately renew in place for a lower rental rate and free rent. Highlighted deal terms: $4 psf off initial ask price, 6 months of free rent & free parking.
| Property Type: | Class B – Office |
| Tenant Industry: | Geophysical Software |
| Size: | 4,969 Sq Ft |
| Submarket: | Katy Fwy |
| Transaction Type: | Renewal |
| Free Rent: | 6 months |
| Tenant Improvements: | $5 PSF |
| Negotiated Discount: | 22% |
| Parking: |
Free Unreserved |
| Renewal Option: | Yes |
Ryan Hartsell
(281) 923-5660
rhartsell@oxfordcres.com