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CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We recently helped a client renew while having a difficult landlord not wanting to recognize current market fundamentals. We leveraged a competitive offer from a different landlord, which resulted in renewal terms 22% under the initial “best and final offer.” We also added an on-going termination option should the primary partner die or become disabled

Property Type:Class C Office
Tenant Industry:CPA
Size:3,023 SF
Submarket:Katy Fwy West
Renewal/Relocation/Purchase/Sale/New Location:
Renewal
Free Rent:3 months
Tenant Improvements:$5
Negotiated Discount (%)22%
Parking:Free parking
Other deal points worth mentioning: 
No OPEX charges for storage space (was paying for OPEX historically)
Termination Option:
Yes
Renewal OptionYes
Sublease Rights:Yes

Ryan Hartsell

(281) 923-5660
[email protected]

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