CASE STUDY / DEAL REVIEW
Oxford Agents: Ryley Caton
Summary:
We helped another client relocate their business to a highly coveted, free standing building in the Northwest corridor, just days after the building was listed for lease. Highlighted deal terms: Five (5) year term, $5/sf for Tenant Improvements, & two (2) months free rent.
| Property Type: | Class B Industrial |
| Tenant Industry: | Valves |
| Size: | 9,156 SF |
| Submarket: | Northwest |
| Transaction Type: | Relocation |
| Free Rent: | 2 Months |
| Tenant Improvements: | $5 PSF |
| Negotiated Discount (%): | 7% |
| Parking: |
Five (5) Reserved Free |
| Other deal points worth mentioning: | $1,000 HVAC cost cap; three (3) months security deposit with two (2) months being refunded after 6 months of on-time rent payments |
| Renewal Option: | Yes |
| Termination Option: |
Yes |
Ryley Caton
(281) 923-5660
rcaton@oxfordcres.com