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Cres Solutions
Cres Cres

Success Stories

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Success Story - Municipal Accounts and Consulting


Savings: Able to occupy and pay on 58% of space now, add on to it in 24 months.

 
Issues
:

  • Ready to execute 5 year deal when their square footage needs to be abruptly changed with only about a month remaining on existing term.
  • Could sublet, but needed a guarantee regarding sublet language.

Results:

  • Structured non-disturbance agreement with landlord honoring all terms of sublet.
  • Locked in below market rates for both parts of the deal.
  • Abated gross rent offset moving costs.
  • Will be able to expand without moving while taking advantage of today's "Tenant's Market" pricing.






“CRES was very thorough in their search for space, meeting our criteria and negotiating very favorable rates. Their analysis of the lease language was very important and they made certain that our interests were protected with several modifications to our benefit."

-Steve Streetman, CEO/President
The Littleton Group

 
 
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