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Cres Solutions
Cres Cres

Success Stories

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Success Story - Metrostudy


Savings: 26% off of the market rates, no exposure on build-out costs, and a 2-year exit strategy

Issues:

  • Desire to purchase and occupy an office building but they faced a seller's market
  • Leasing required flexibility and an exit strategy to take advantage of the market when it turned
  • A majority of available properties were new construction, which necessitated signing a 5-year lease commitment
Results:
  • Comprehensive search located an older office building that needed a complete interior refurbishment
  • Negotiated a 3-year lease and turnkey build-out, which ended up costing in excess of $20/SF
  • Negotiated a termination option that could be exercised after 24 months of the lease term




Our law firm has relied on the professionals at CRES for downtown office space since the early '90s.  They work really hard to find the right office space, and once you decide on a location, they smooth the way and support you through all the buildout and leasing details.  It is always a pleasure to work with Molly and John, and I couldn't be happier with our office suite.  ~ Gwenn Webb,  Webb & Webb, Attorneys at Law

Gwen Webb, Attorney, Webb & Webb Attorney's at Law

 
 
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