post

Law Firm Receives Construction Allowance 2x Larger Than What’s Typical

CASE STUDY / DEAL REVIEW

Oxford Agents: Vincent Vega

Summary:
We helped a client secure new office space after subleasing for years. Among other benefits, we negotiated a very high tenant improvement allowance using the tenant’s preferred contractor. We also negotiated a nice rental discount and some free rent.

Property Type:Class B Office
Tenant Industry:Criminal Law
Size:2,268 SF
Submarket:North Loop West
Transaction Type:
Relocation
Free Rent:4 months
Tenant Improvements:$28.00/RSF Allowance
Negotiated Discount (%)5.4%
Parking:Free Parking
Renewal Option:
Yes
Sublease Rights:Yes
Read More

post

New Industrial Developer Buys Land near Beltway

CASE STUDY / DEAL REVIEW

Oxford Agents: Dylan Stiteler

Summary:
We helped a client find land suitable for industrial development at below market pricing as they were tired of leasing and wanted to become owner occupiers as well as a landlord.

Property Type:Raw Land
Tenant Industry:Building Supplies
Size:16.1 Acres
Submarket:Southwest
Represented Buyer or Seller:Buyer
Earnest Money:$50,000
Feasibility Period: 60 days
Close Period:15 days
Loan:All Cash

Dylan Stiteler

(832) 433-0970
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703

post

Tenant Leases with an Option To Buy Despite Loan Falling Apart

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
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703

post

Tenant Renews Office Lease While Reducing Rent 20%

CASE STUDY / DEAL REVIEW

Oxford Agents: Chase McAteer

Summary:
We helped a client reduce their rent by 20% and capture 5 months of free rent on their office lease renewal.

Property Type:Class C Office
Tenant Industry:Software & Analytics
Size:2,750 SF
Submarket:Northwest Near
Transaction Type:
Renewal
Free Rent:(5) Months abated
Tenant Improvements:Paint & Carpet plus noise reduction mitigation
Negotiated Discount (%)18%
Parking:No charge
Sublease Rights:Yes

Chase McAteer

(904) 874-5822
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703

post

Galleria Tenant Hires Tenant Rep Last Minute

CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We just helped a client who was about to sign a lease renewal while representing themselves. We got involved at the last minute and provided them a true picture of market conditions, which resulted in them receiving an additional 3 months of free rent and free parking. A common misconception is that our involvement somehow worsens the deal, but this couldn’t be farther from the truth!!

Property Type:Class A Office
Tenant Industry:Energy Firm
Size:3,360 SF
Submarket:Galleria
Transaction Type:
Renewal
Free Rent:8 months free
Negotiated Discount (%)17%
Parking:Free for the first 34 months
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

post

Medical Tenant Renews 3 Years Early to Receive $4 PSF Discount & 5 Months of Free Rent

CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We recently helped a medical office client who was paying above-market rents. We leverage our relationship with the landlord to lower their rental rate by $4 PSF and receive 5 months free rent, even though they had 3 years remaining on the lease.

Property Type:Class B Office
Tenant Industry:Medical
Size:13,880 SF
Submarket:Greenspoint/ North Beltway 8
Transaction Type:
Renewal
Free Rent:5 months
Tenant Improvements:$5 PSF
Negotiated Discount (%)18%
Parking:Free
Renewal Option:
Yes
Right of First Refusal:Yes
Termination 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

post

Landlord Offers No Free Rent for Renewal – Tenant Moves and Gets 8 Months Free

CASE STUDY / DEAL REVIEW

Oxford Agents: Chase McAteer

Summary:
We are pleased to announce a recently closed transaction for one of our returning clients. Their current landlord offered no free rent and a modest rate reduction for their renewal. We toured the market and secured multiple relocation offers which could beat the landlord’s deal. Despite this fact the landlord would not improve their offer and our client decided after 10+ years to relocate their offices. They secured a nicer space in a comparable location for a better rate and the first 8 months of rent free. 

Property Type:Class B Office
Tenant Industry:Waste & Recycling Management
Size:3,700 SF
Submarket:Northwest Far
Transaction Type:
Relocation
Free Rent:(8) months fully abated
Tenant Improvements:Turnkey, estimated $20psf
Negotiated Discount (%)21.4%
Parking:3.5/1,000 ratio, no charge for unreserved, reserved at $50/month – Tenant provided with (3) reserved permits
Renewal OptionYes
Sublease Rights:Yes

Chase McAteer

(904) 874-5822
c[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703