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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 has seen us through many additions of spaces and remodels and has won us numerous tenant consolations in the process by using their expert negotiation skills. We've grown and will be looking to relocate to another property, and again, will engage CRES to guide us through this endeavor."

-Jodi Davidson, Health & Safety Advisor
ARM Inc.

 
 
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