CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We help a client who’s sublease was terminated transition into a direct lease renewal. We leveraged our market comparable and relationship with the landlord to negotiate a fair-market deal much lower than other tenants in the building. While the process was far from enjoyable, it could have been much worse. The final result was a win-win for both the landlord and tenant.

Property Type: Class A Warehouse
Tenant Industry: Debt Collection
Size: 14,000 sq ft
Submarket: Katy, TX
Renewal/Relocation/Purchase/Sale/New Location:
Renewal
Free Rent: 11 months gross
Tenant Improvements: $5
Negotiated Discount (%) 32%
Parking: 64 unreserved and 20 reserved for free
Sublease Rights:
Yes
Renewal Option Yes
Sublease Rights: Yes

Ryan Hartsell

(281) 923-5660
rhartsell@oxfordcres.com