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Startup Opens First Office

CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We helped a startup transition from a remote workforce into its first office space. We surveyed the market for many months until we found a space that worked for them perfectly, which resulted in them moving in quickly and converting unused construction dollars into additional landlord concessions.

Property Type: Class A Office
Tenant Industry: Sales Development
Size: 1,222 SF
Submarket: Fort Bend County
Transaction Type: New Location
Free Rent: 7 months
Tenant Improvements: $10 psf
Additional Credits/Reimbursements:
$5 psf of unused Tenant Improvement allowance convertible to free rent
Negotiated Discount (%): 17%
Parking:
Free Unreserved, Reserved Free for the first 43 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

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Client Sells Building for Large Expansion

CASE STUDY / DEAL REVIEW

Oxford Agents: Dylan Stiteler

Summary:
We helped a client sell off an asset to make way for their large scale expansion

Property Type: Class B Industrial Warehouse
Tenant Industry: Plastics
Size: 25,397 SF
Submarket: Southwest Far
Represented Buyer or Seller: Buyer
Earnest Money: $25,000
Feasibility Period: 60 days
Close Period: 15 days
Loan: SBA Loan

Dylan Stiteler

(832) 433-0970
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703

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Record Freeze Leads to Immediate Expansion

CASE STUDY / DEAL REVIEW

Oxford Agents: Dylan Stiteler

Summary:
We helped a client who needed immediate storage expansion secure a new space in less than 48 hours and occupy in less than 72 hours

Property Type: Industrial Distribution Class B
Tenant Industry: Electronic Restoration
Size: 24,675 SF
Submarket: Energy corridor
Transaction Type: New Location
Free Rent: 1 month net
Tenant Improvements: As – is, new paint and carpet
Negotiated Discount (%): 5%
Renewal Option:
Yes
Sublease Rights: Yes

Other Rights worth mentioning:

HVAC cap $1000 per occurrence

Dylan Stiteler

(832) 433-0970
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703

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Existing Client Relocates and Saves 25% on Rent

CASE STUDY / DEAL REVIEW

Oxford Agents: Dylan Stiteler

Summary:
We assisted an existing client with a relocation as a new landlord purchased their building and tried to drive rents over market.

Property Type: 3 Star Industrial Warehouse Class B
Tenant Industry: Building Supplies
Size: 15,844 SF
Submarket: Close in NW
Transaction Type: Relocation
Tenant Improvements: As – is, new paint and carpet
Negotiated Discount (%): 5%
Renewal Option:
Yes
Right of First Refusal:
Yes
Sublease Rights: Yes

Other Rights worth mentioning:

HVAC cap $1000 per occurrence

Dylan Stiteler

(832) 433-0970
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703

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Firm Secures Off-Market Warehouse Lease w/ Option to Buy in Dallas

CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell & Chase McAteer

Summary:
We helped a client with 20+ locations find an off-market building to lease with a purchase option. They were looking to convert one of their leases into an owned property, but the market in Dallas was incredibly tight. We contacted hundreds of landlords to find one owner who was willing to provide a 5-year lease with an option to buy at a set purchase price.

Property Type: Class A Industrial Warehouse
Tenant Industry: Wholesale Trophy Distributor
Size: 50,000 SF
Submarket: Dallas, TX
Transaction Type: Relocation
Free Rent: (2) months base rent abated
Tenant Improvements: $50,000 – $1psf
Negotiated Discount (%): 5%
Other deal points worth mentioning: LL installed new roof, finished office renovation, HVAC repairs, and warehouse repairs outside of TI allowance
Renewal Option:
Yes
Sublease Rights: Yes

Other Rights worth mentioning:

Tenant right to purchase the property after 5 years at a set purchase price Services or Solutions worth mentioning: Worked on off-market search for purchase options. Uncovered several options including the building above.

Ryan Hartsell

(281) 923-5660
[email protected]

Chase McAteer

(904) 874-5822
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703

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Tenant Renews Early for $3 PSF Reduction, Termination Option & Free Rent

CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We helped a client who was paying above market rents secure an early renewal. We provided the landlord with competing offers elsewhere, which resulted in our client realizing a $3 PSF reduction in their rent. We also received 4 months of free rent and a $15 PSF construction allowance to upgrade their space.

Property Type: Class B Office
Tenant Industry: Employee Benefit Administration
Size: 7,382 SF
Submarket: Northwest Near
Transaction Type: Renewal
Free Rent: 4 Months
Tenant Improvements: $15 PSF
Negotiated Discount (%): 23%
Parking: Free
Additional Credits/Reimbursements: $41,312 Rent Forgiveness
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

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Nonprofit Relocates to Receive Free Air Conditioning & Lowers Rent by 35%

CASE STUDY / DEAL REVIEW

Oxford Agents: Perry Mazzone

Summary:
We recently helped a nonprofit with an urgent need to cut costs. We were able to quickly negotiate a 20% rental rate reduction from what they were currently paying, while finding a more efficient office layout, resulting in a 35% overall rent reduction. Also, the building we found provided free temporary space and includes 24/7 air conditioning, which resulted in additional savings for our client. 

Property Type: Class B Office
Tenant Industry: Nonprofit
Size: 1,628 SF
Submarket: Upper Kirby
Transaction Type: Relocation
Free Rent: 3 Months
Tenant Improvements: Turnkey
Negotiated Discount (%): 35%
Parking: Free
Other deal points worth mentioning: Free temporary space and 24/7 HVAC at no additional cost
Renewal Option: Yes
Sublease Rights: Yes

Perry Mazzone

(713) 401-8896
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703