CASE STUDY / DEAL REVIEW
Oxford Agents: Perry Mazzone & Ryan Hartsell
We helped a client who was about to renew their lease, but did not think they could get the effective rate down because of the desirable location (bldg was 100% leased). We were able to tack on some free rent, improve the rental rate, and get them a TI allowance. Highlighted deal terms: Five (5) Months of Free Rent & $6 PSF of additional Tenant Improvement Allowance.
|Property Type:||Class B Office|
|Tenant Industry:||Finance (Valuation Advisors)|
|Free Rent:||5 Months|
|Tenant Improvements:||$6 PSF|
|Negotiated Discount (%):||10%|
|Parking:||Abated for first 12 months|
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