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Office Tenant Renews Lease and Lowers Rental rate by $7 psf

CASE STUDY / DEAL REVIEW

Oxford Agents: Chase McAteer

Summary:
We helped a client who was about to represent themselves on a lease renewal. We provided a free assessment of negotiated deals in their market, which resulted in them hiring us. We ended up lowering their rental rate by $7 psf!

Property Type: Steel Supplier
Tenant Industry: Office, Class B
Size: 4,526 sf
Submarket: Katy Freeway West
Renewal/Relocation/Purchase/Sale/New Location:
Renewal
Free Rent: (8) months gross rent abated
Tenant Improvements: As-Is
Negotiated Discount (%) 27%
Additional Credits/Reimbursements: Parking charges fully abated
Parking: 3.5/1,000 w (2) reserved spaces
Renewal Option Yes
Sublease Rights: Yes

Chase McAteer

(904) 874-5822
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703

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Company opens another Location

CASE STUDY / DEAL REVIEW

Oxford Agents: Matt Rogers

Summary:
We helped a client who is growing and needed to add another location at a lower cost to evaluate the growth and be faster responding to their demand needs. We spent time reviewing opportunities in the preferred area and talking with brokers heavily active in that area which resulted in a perfect warehouse at a below market rate, which allows them to grow more in the area with low overhead.

Property Type: Industrial
Tenant Industry: HVAC
Size: 7,730 sq ft
Submarket: Plano
Renewal/Relocation/Purchase/Sale/New Location:
New Location
Free Rent: 1
Tenant Improvements: New Paint and flooring, cleaned up restroom
Negotiated Discount (%) 18%
Parking: First Come First Serve
Renewal Option Yes
Sublease Rights: Yes

Matt Rogers

(713) 858-3764
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703

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Office Tenant Transitions from Sublease to Direct Lease

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
[email protected]

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Call Us Today: (713) 575-2703

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Supply Chain Company Quickly Relocates Warehouse to a Turn-key Solution w/ a Termination Option

CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We recently helped a supply chain company relocate into a new warehouse facility after it picked  up a new contract requiring a larger facility ASAP. We toured 6 properties and quickly negotiated a deal with 5 months free rent, turn-key construction, an $80,000 moving allowance, and a termination option!

Property Type: Class A Warehouse
Tenant Industry: Supply Chain & Logistics Company
Size: 60,000 sq ft
Submarket: North Fwy/Tomball Pky Submarket
Renewal/Relocation/Purchase/Sale/New Location:
Relocation
Free Rent: 5 months gross
Tenant Improvements: Turn-Key including 4,000 sq ft of office
Additional Credits/Reimbursements:
$80,000 moving allowance
Negotiated Discount (%) 12%
Parking: 60 spaces free
Termination Option:
Yes
Renewal Option Yes
Sublease Rights: Yes

Ryan Hartsell

(281) 923-5660
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703