Assignment:
Acquire 50% additional space and secure several expansion rights to accommodate future growth.Develop state-of-the-art show room space and conferencing facilities.Create long-term, lowest economic lease situation.Maintain no business interruption throughout facility relocation.

Strategy:
Created leverage against current landlord with new building developments in the suburban real estate market.Completed an exhaustive search of all potential direct, sublease and build-to-suit opportunities in the North suburban office market.Aggressively leveraged lease renegotiation with current Landlord based on significant loss of building value if tenant relocated.

Benefits Achieved:
Acquired lease flexibility, including Right of First Offer & Early Termination Rights.No business interruption during facility relocation.Make use of their strong credit to receive under market Security Deposit/LOC’s.No out-of-pocket costs