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Cres Solutions
Cres Cres

Success Stories

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Success Story - Just 4 Biz


Savings: $2,191,573
Profit: $86,000

Issues:

  • Decision to sublease shortly after occupying space due to loss of funding
  • Dramatic increase of sublease supply
  • 5-year lease obligation remaining
Results:
  • Aggressive marketing identified credit subtenant within one month
  • Achieved rent rate of $1.00 profit to Just 4 Biz for entire lease term
  • Favorable sublease provision allowed retention of profits and flexible sublease rights

"CRES proactively encouraged us to consider renewing our lease while we still had several years left on the current lease to take advantage of market conditions at the time. Their efforts allowed us to renew and extend our lease on very favorable terms. I highly recommend CRES."

-Jim Gdula, Business Manager
Central Texas Spine Institute, LLP

 
 
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