Cresa
201 Case Studies
Case Study: International Software Company achieves an early below-market lease renewal with Cresa
A Cresa Case Study
International Software Company - Customer Case Study
International Software Company, with locations in Dallas and Phoenix, needed to renew a lease on half a building but faced a slow-responding landlord in one of Dallas’s hottest submarkets as market rates were rising. Cresa was engaged to provide Transaction Management and to help the tenant evaluate renewal options and negotiate terms.
Cresa used the Trepp database to analyze the building’s debt timeline and discovered the debt was coming due at the same time as the client’s lease expiration, which shifted negotiations from market-rate discussion to a financial negotiation. As a result, Cresa secured an early renewal for International Software Company on below-market terms, avoiding higher future rents and delivering measurable cost advantage through the negotiated below-market lease.
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