style style
Cres Solutions
Cres Cres

Success Stories

[name]

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 has served Austin Regional Clinic for many years with thorough knowledge of the medical market and expertise in negotiating lease terms. We have benefited from their approach to the the ever changing market and welcome their partnership in future leasing transactions."

-Gary Landry, CEO
Austin Regional Clinic

 
 
© Commercial Real Estate Solutions, LLC   |  Website by Pallasart Web Design