15042 Parkway Loop, Tustin
Building Type:
14,140 SF R&D Building
represented:
Tenant
industry:
Medical Device Manufacturer
Client Objective:
Immediately reduce occupancy costs and improve profitability
results:
- Engaged Landlord and negotiated renewal agreement 14 months prior to Tenant’s previous expiration date
- Immediately reduced Tenant’s monthly lease rate by 36.3%.
- Obtained 3 months abated rent upon lease commencement
Building Type
14,140 SF R&D Building
Represented
Tenant
Industry
Medical Device Manufacturer
Client Objective
Immediately reduce occupancy costs and improve profitability
Results
– Engaged Landlord and negotiated renewal agreement 14 months prior to Tenant’s previous expiration date
– Immediately reduced Tenant’s monthly lease rate by 36.3%
– Obtained 3 months abated rent upon lease commencement
Client Testimonial:
“MCG performed a service that I didn’t know was possible and at a time that was pivotal to our success. By immediately modifying and renewing our lease, we’ve been able to reinvest in the business at a critical point in our business cycle. — Thanks so much, your assistance has been monumental to our growth and sustainability.”
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