Case Study

Huntleigh Securities

Office & Medical - Tenant Representation

Huntleigh Securities Corporation
Bank of America Building
7800 Forsyth
Clayton, MO 63105

Assignment Overview

  • Evaluate space needs at current location
  • Survey the class A & B Clayton market for comparable buildings
  • Analyze financial benefits of relocation vs. renewing

Result

  • Renewal/downsize in current location
  • Total Net savings of $336,344
  • Downsizing of 2,500 SF, resulting in a savings of $153,750 on gross rental
  • Reduction of rental rate, saving Huntleigh over $164,335 over the term
  • Base year reset, resulting in $1.50 RSF in operation expense savings