CASE STUDY / DEAL REVIEW
Oxford Agents: Vincent Vega & Perry Mazzone
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|
|Size:||3,369 Sq Ft|
|Free Rent:||11 months|
|Tenant Improvements:||$25.00 PSF|
|Additional Credits/Reimbursement:||Up to $5/psf of unused TI converted to rent credit.|
||Initial 36 months of parking abated|
|Other rights worth mentioning:
||Occupying temp space free of charge and having parking abated while in the temp space.|
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