Case Study

SSM Health DePaul

Office & Medical - Tenant Representation

SSM Health
Outpatient Services
DePaul South MOB
12277 DePaul Drive

Assignment Overview

  • Evaluate Outpatient Services space needs at DePaul Health Center
  • Negotiate a reduced base rent in lieu of a Tenant Improvement Allowance
  • Renegotiate lease representing 36,190 USF

Result

  • 5 year lease extension
  • $740,000 rent reduction from Landlord’s initial proposal
  • Renegotiated Tenant Improvement Allowance in exchange for reduced rent
  • Final Cost Savings of over $520,000