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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.






"As an attorney who is Board Certified in Commecial Real Estate Law, I have worked with many different real estate professionals during the past 27 years. In my opinion, CRES exemplifies the type of competence, professionalism, and creativity that I strive for in my own practice."

-Jim Cameron, Partner
Strasburger & Price, LLP

 
 
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