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3PL Firm Relocates Warehouse in IAH Market

CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We helped a client who needed to expand and relocate from an overpriced, outdated warehouse into a cheaper, more modern warehouse. We toured the market comprehensively to find an option willing to provide free rent and competitive rent so that the company could relocate early. Congrats to Ryan Hartsell for representing your client in this transaction!

Property Type:Class A Warehouse
Tenant Industry:3PL
Size:22,500 SF
Submarket:IAH
Transaction Type:Relocation
Free Rent:4 months base free
Tenant Improvements:Spec office ready w/ two (2) new HVAC
Negotiated Discount (%):11%
Renewal Option:
Yes
Other deal points worth mentioning:Free inventory storage before September 1st

Ryan Hartsell

(281) 923-5660
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703

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Tenant Relocates to new Modern Office Space

CASE STUDY / DEAL REVIEW

Oxford Agents: Chase McAteer

Summary:
We recently helped a long-term tenant of the San Felipe / Tanglewood area relocate to a new office. This move allowed our client to update and modernize their space to attract new talent for their growing team. The deal was significantly below market and they are happy with the decision to relocate.

Property Type:Class B Office
Tenant Industry:Management Consulting
Size:10,525 SF
Submarket:San Felipe / Voss
Transaction Type:Relocation
Free Rent:(3) Months fully abated
Tenant Improvements:Turnkey per initial scope
Additional Credits/Reimbursements:
(1) Additional free month rent credit to cover unforeseen costs related to cost updates.
Negotiated Discount (%):31%
Parking:
(4) reserved parking spaces, plus 3/1,000sf unreserved parking all fully abated for 3 years.
Other deal points worth mentioning:Tenant has the right to install monument signage out front of building.
Renewal Option: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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Tenant Secures Extremely High Tenant Improvement Allowance for New Space Buildout

CASE STUDY / DEAL REVIEW

Oxford Agents: Chase McAteer

Summary:
We assisted a client with finding the perfect location to open a new Baytown office. The space will be a brand new build out from shell condition and the landlord will contribute significantly to the construction costs. Our client also has the flexibility to amortize up to $80,000 of construction costs over a 48 month repayment at 0% interest. The location will be a fantastic spot for our client to continue their impressive growth strategy.

Property Type:Class B Retail
Tenant Industry:Therapy
Size:4,000 SF
Submarket:Baytown
Transaction Type:New Location
Free Rent:(7) Months fully abated
Tenant Improvements:$54 psf allowance ($216k)
Additional Credits/Reimbursements:
$20 psf allowance may be amortized at 0% ($80,000) and repaid over (48) months
Negotiated Discount (%):17%
Parking:
3.5/1,000sf
Other deal points worth mentioning:2% annual rent escalations, access to outdoor area for playground at no charge
Renewal Option:Yes
Right of First Refusal:Yes

Other Rights worth mentioning:

Franchisor collateral assignment of lease

Chase McAteer

(904) 874-5822
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703

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Local Custom Pool Designer Taps into a New Market

CASE STUDY / DEAL REVIEW

Oxford Agents: Chase McAteer & Taylor Stoute

Summary:
We helped a client who was ready to expand their customer base while penetrating a new market. We researched the Katy area to find a cost effective location that provided direct I-10 exposure while being surrounded by reputable neighboring tenants

Property Type:Retail
Tenant Industry:Custom Pool Design/Construction
Size:1,400 SF
Submarket:Katy
Transaction Type:New Location
Free Rent:6 months
Tenant Improvements:$25 PSF
Negotiated Discount (%):14%
Parking:
Free

Chase McAteer

(904) 874-5822
[email protected]

Taylor Stoute

(713) 882-9536
[email protected]

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Exploration and Production Company Signs New Lease

CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We helped a growing client who expand into a new office lease. We considered new landlords and sublease spaces in order to negotiate a fair market deal with their current landlord in a nearby building.

Property Type:Class B Office
Tenant Industry:Energy
Size:2,692 SF
Submarket:The Woodlands
Transaction Type:New Lease
Free Rent:3 months free
Tenant Improvements:$15
Negotiated Discount (%):12%
Parking:
Free Reserved Parking

Ryan Hartsell

(281) 923-5660
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703