Case Study

The Hullverson Law Firm

Office & Medical - Tenant Representation

The Hullverson Law Firm
1010 Market Street
St. Louis, MO 63101

Assignment Overview

Analyze financial benefits of relocation vs. renewing

Result

  • Downsize/renewal in current location
  • Total Net savings of approximately $81,000
  • Lease recast saving $27,600
  • Reduction of rental rate, saving over $47,840 over the term
  • Base year reset, resulting in $1.25 RSF in operation expense savings
  • All construction costs covered