Tenant Advisor, Sam Smith, evaluated over 20 initial sites for a potential buildto- suit.
Sam successfully negotiated an 87,333 SF lease and 36,159 SF expansion at terms $2.00-$3.00/SF below market. The deal also included a six year tax abatement; options to expand at below market rates throughout the 10-year term into the entire building; options to renew at below market terms; large floor plates (36,000 SF); 6/1,000 SF parking; and building signage visible to I-69. Additionally, the turnkey buildout package incorporated substantial upgrades including a computer room, voice and data wiring, and conference and A/V upgrades. Sam has since assisted Wiley & Sons, Inc. on several subleases and an early renewal/ expansion with favorable terms.