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Negotiations mere days before commencement

CASE STUDY / DEAL REVIEW

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%

Ryley Caton

(281) 923-5660
[email protected]

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Oil & Gas Supplier Renews Warehouse Early for Lower Rent

CASE STUDY / DEAL REVIEW

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

Taylor Scheps

(713) 882-9536
[email protected]

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Call Us Today: (713) 575-2703

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Robinson Capital

CASE STUDY / DEAL REVIEW

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.

Matt Rogers

(713) 858-3764
[email protected]

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Call Us Today: (713) 575-2703

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Tenant Renews w/ Deferred Rent Forgiveness

CASE STUDY / DEAL REVIEW

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)

Ryan Hartsell

(281) 923-5660
[email protected]

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Call Us Today: (713) 575-2703

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Lower Rental Rate on Expansion

CASE STUDY / DEAL REVIEW

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

Garth Plyler

(832) 953-3456
[email protected]

Matt Rogers

(713) 858-3764
[email protected]

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Call Us Today: (713) 575-2703

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Engineering Firm Renews Lease Dramatically Under Market Rent

CASE STUDY / DEAL REVIEW

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.

Ryan Hartsell

(281) 923-5660
[email protected]

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Call Us Today: (713) 575-2703

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Office Tenant Renews for Lower Rental and 6 months Free Rent

CASE STUDY / DEAL REVIEW

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

Ryan Hartsell

(281) 923-5660
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703

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Consulting Firm Expands Footprint with Nearly Year of Free Rent

CASE STUDY / DEAL REVIEW

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.

Vincent Vega

(713) 575-2471
[email protected]

Perry Mazzone

(713) 401-8896
[email protected]

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Disaster Remediation Firm Relocates in 22 Days

CASE STUDY / DEAL REVIEW

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

Matt Rogers

(713) 858-3764
[email protected]

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Call Us Today: (713) 575-2703

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Staffing Company Relocates its Virginia Office

CASE STUDY / DEAL REVIEW

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

Chase McAteer

(904) 874-5822
[email protected]

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Call Us Today: (713) 575-2703