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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