CASE STUDY / DEAL REVIEW
Oxford Agents: Ryan Hartsell
We helped a client who was paying above market rents secure an early renewal. We provided the landlord with competing offers elsewhere, which resulted in our client realizing a $3 PSF reduction in their rent. We also received 4 months of free rent and a $15 PSF construction allowance to upgrade their space.
|Property Type:||Class B Office|
|Tenant Industry:||Employee Benefit Administration|
|Free Rent:||4 Months|
|Tenant Improvements:||$15 PSF|
|Negotiated Discount (%):||23%|
|Additional Credits/Reimbursements:||$41,312 Rent Forgiveness|
|Renewal Option: ||Yes|
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