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CASE STUDY / DEAL REVIEW

Oxford Agents: Ryan Hartsell

Summary:
We recently helped a long-standing tenant downsize its lease significantly under the rental rate advertised by the landlord. Highlighted deal terms: $6 psf off the asking rate and 0% amortization of tenant improvements.

Property Type:Class B Office
Tenant Industry:Software/Technology Consulting
Size:1,617  Sq Ft
Submarket:North Loop West
Transaction Type:Renewal
Free Rent:1 months
Tenant Improvements:As-Is
Negotiated Discount (%):21%
Parking:
Free Reserved and Unreserved Parking
Other deal points worth mentioning: Landlord willing to amortize any tenant construction up to $10 psf into the rent at 0% interest.

Ryan Hartsell

(281) 923-5660
[email protected]

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