CASE STUDY / DEAL REVIEW
Oxford Agents: Dylan Stiteler
Summary:
We helped a client lease a building he had under contract with an option to purchase despite the loan falling apart.
| Property Type: | Class B Industrial Warehouse |
| Tenant Industry: | Cabinet construction / home remodeling |
| Size: | 8,000 SF |
| Submarket: | West |
| Transaction Type: |
New Location |
| Free Rent: | 2 months gross |
| Tenant Improvements: | As is |
| Parking: | Free |
Other deal points worth mentioning:
Had building under contract to purchase at $1,070,000. The loan fell apart despite being financially approved. Leased the building from a new investor buyer for 3 years with an option to purchase after 3 years.
Dylan Stiteler
(832) 433-0970
dstiteler@oxfordcres.com