Oxford Agents: Ryley Caton
Summary:
Highlighted deal terms: Early renewal, lower rent, turnkey construction and abated rent.
| Property Type: | Class C Flex |
| Tenant Industry: | Window Film & Treatment |
| Size: | 3,324 Sq Ft |
| Submarket: | West |
| Transaction Type: | Renewal |
| Free Rent: | 1 month |
| Tenant Improvements: | $1 PSF |
| Negotiated Discount: | 4% |
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Oxford Agents: Taylor Scheps
Summary:
Highlighted deal terms: Early renewal, lower rent, turnkey construction and abated rent.
| Property Type: | Class B Warehouse |
| Tenant Industry: | Oil & Gas Supplier |
| Size: | 12,000 Sq Ft |
| Submarket: | NW Houston Industrial Submarket |
| Transaction Type: | Early Renewal |
| Free Rent: | 2 months |
| Tenant Improvements: | Turnkey |
| Negotiated Discount: | 4.50% |
| Parking: |
20 spaces free |
| Renewal Option: |
Yes |
| Right of First Refusal: | Yes |
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Oxford Agents: Matt Rogers
Summary:
We helped a client who was not willing to move get a better deal than originally offered. Highlighted deal terms: upgraded construction over building standards and free rent.
| Property Type: | Class A Office |
| Tenant Industry: | Real Estate Owner |
| Size: | 1487 Sq Ft |
| Submarket: | Galleria |
| Transaction Type: | Renewal |
| Free Rent: | 3 months |
| Tenant Improvements: | $5,000.00 |
| Negotiated Discount: | 10% |
| Parking: |
Free Unreserved Parking |
| Renewal Option: |
Yes |
| Other rights or deal points: |
No relocation provision for a small tenant and they replaced a very expensive carpet at the Landlord’s cost. |
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Oxford Agents: Ryan Hartsell
Summary:
Highlighted deal terms: rental reduction, forgiveness of late rent and additional free rent.
| Property Type: | Class A Office |
| Tenant Industry: | Consumer Goods |
| Size: | 1,767 Sq Ft |
| Submarket: | Galleria |
| Transaction Type: | Renewal |
| Free Rent: | Free |
| Tenant Improvements: | As-Is |
| Negotiated Discount: | 21% |
| Parking: |
Free Unreserved |
| Other rights or deal points: |
Forgiveness of approx. $12,000 of late rent (3 months worth) |
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Oxford Agents: Garth Plyler and Matt Rogers
Summary:
We helped a client expand their current space while not increasing their rent.
| Property Type: | Class B |
| Tenant Industry: | Engineering |
| Size: | 6,278 Sq Ft |
| Submarket: | Northwest Inner Loop |
| Transaction Type: | Expansion |
| Free Rent: |
2 months for existing space. 4 months for expansion space |
| Tenant Improvements: | Turnkey |
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Oxford Agents: Ryan Hartsell
Summary:
Highlighted deal term: a rental rate 40% off market rents.
| Property Type: | Class C Office |
| Tenant Industry: | Engineering |
| Size: | 4,407 Sq Ft |
| Submarket: | Westchase |
| Transaction Type: | Renewal |
| Tenant Improvements: | $6 PSF |
| Negotiated Discount: | 40% |
| Parking: |
Free Unreserved |
| Renewal Option: | Yes |
| Other rights or deal points: |
Free monument signage and the 4,407 sq ft suite is calculated as if the tenant is only occupying 2,781 sq ft. |
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Oxford Agents: Ryan Hartsell
Summary:
We helped this client consider its relocation options but ultimately renew in place for a lower rental rate and free rent. Highlighted deal terms: $4 psf off initial ask price, 6 months of free rent & free parking.
| Property Type: | Class B – Office |
| Tenant Industry: | Geophysical Software |
| Size: | 4,969 Sq Ft |
| Submarket: | Katy Fwy |
| Transaction Type: | Renewal |
| Free Rent: | 6 months |
| Tenant Improvements: | $5 PSF |
| Negotiated Discount: | 22% |
| Parking: |
Free Unreserved |
| Renewal Option: | Yes |
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Call Us Today: (713) 575-2703
Oxford Agents: Vincent Vega & Perry Mazzone
Summary:
We helped another client who was looking to relocate out of the high traffic Uptown area into a larger, more convenient high end office space. They were also able to take advantage of the soft Houson office market by receiving favorable deal terms and being able to occupy a temporary space in the building free of charge. Highlighted deal terms: 10 months of abated rent, free temporary space, 3 years of free parking, high tenant improvement allowance, and a $5/psf additional free rent credit.
| Property Type: | Class A – Office |
| Tenant Industry: | Consulting |
| Size: | 3,369 Sq Ft |
| Submarket: | Westchase |
| Transaction Type: | Relocation |
| Free Rent: | 11 months |
| Tenant Improvements: | $25.00 PSF |
| Additional Credits/Reimbursement: | Up to $5/psf of unused TI converted to rent credit. |
| Parking: |
Initial 36 months of parking abated |
| Renewal Option: | Yes |
| Other rights worth mentioning: |
Occupying temp space free of charge and having parking abated while in the temp space. |
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Oxford Agents: Austen Buckalew & Matt Rogers
Summary:
We assisted a client who was unhappy with their landlord and had 22 days to find a new facility. We found a warehouse that met their time, size, and budget requirements. Highlighted deal terms: Fenced yard, free parking & centrally located.
| Property Type: | Class C Warehouse |
| Tenant Industry: | Disaster Remediation |
| Size: | 5,000 Sq Ft |
| Submarket: | Northwest Near |
| Transaction Type: | Relocation |
| Parking: | Free |
| Right of First Refusal: |
Yes |
| Renewal Option: | Yes |
Need help with your commercial real estate?
Call Us Today: (713) 575-2703
Oxford Agents: Chase McAteer
Summary:
Our multi-location client had a lease expiring, and their current landlord was unwilling to offer a competitive market renewal deal. We surveyed the market and found them a newer, nicer, building with professional management, structured parking, and a bright, new environment for their employees. The client was able to downsize their footprint slightly and make adjustments to their layout to meet their needs going forward.
| Property Type: | Class A Office |
| Tenant Industry: | Staffing |
| Size: | 4,506 Sq Ft |
| Submarket: | Falls Church, Virgina |
| Transaction Type: | Relocation |
| Free Rent: | 4 months |
| Tenant Improvements: | Turnkey |
| Negotiated Discount (%): | 13.5% |
| Parking: |
3/1,000sf |
| Renewal Option: | Yes |
Need help with your commercial real estate?
Call Us Today: (713) 575-2703
