Case Study

Thumbs Up Marketing

Office & Medical - Tenant Representation

Thumbs Up Marketing
Barrett Woods
13545 Barrett Parkway
St. Louis, MO 63021

Assignment Overview

  • Evaluate space needs at current location
  • Survey the Manchester, Des Peres, and Creve Coeur markets for comparable buildings for lease
  • Analyze financial benefits of relocating vs. reconfiguring existing space and renewing

Result

  • Renewal in current location
  • Negotiated free rent and Tenant Improvement concessions equal to $56,000 to allow for reconfiguration of existing space to maximize efficiency
  • Negotiated rent reduction and base year reset resulting in over $80,000 in savings over term