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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




"CRES provided a customized solution after listening to our needs and found the best value for our company. CRES was involved every step of the way through the transaction and even long after our move-in. We'll be using them again when we expand our operation."

-David Dwyer, Sales Director
Nanya Technology Corp.

 
 
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