post

CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We recently helped a medical office client who was paying above-market rents. We leverage our relationship with the landlord to lower their rental rate by $4 PSF and receive 5 months free rent, even though they had 3 years remaining on the lease.

Property Type:Class B Office
Tenant Industry:Medical
Size:13,880 SF
Submarket:Greenspoint/ North Beltway 8
Transaction Type:
Renewal
Free Rent:5 months
Tenant Improvements:$5 PSF
Negotiated Discount (%)18%
Parking:Free
Renewal Option:
Yes
Right of First Refusal:Yes
Termination Option:
Yes
Sublease Rights:Yes

Ryan Hartsell

(281) 923-5660
[email protected]

Need help with your commercial real estate?

Call Us Today: (713) 575-2703