Wells Fargo
Deerfield, IL

Expand Premises by 27% (3 years prior to lease expiration).Become more efficient and reduce increase in net rent since they were 15% below market.Obtain allowance todayTry to get Landlord to commit to a net rent rate 3 years prior to expiration

Create leverage against current landlord with new building developments in the northern Suburbs of Chicago.Use the debt service on the current building as leverage since it was coming due the same time our lease was.

Benefits Achieved:
Capped rate increase by 11% of estimated future rates.No out-of-pocket expenses for expansions space.Termination and contraction rights in the 5th lease year.

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