Brokers Jim Warstler and Rick Miller of CB Richard Ellis Inc. negotiated the first year of gross rent free for John J. Kirlin Inc., a large project mechanical contractor based in Maryland.
The company's existing space does not expire until Sept. 1, 2004, and the company probably will move into its new space this Sept. 1, Miller says.
"By negotiating the first year completely free allows them to consolidate all their space into one, top floor of the building," Miller says. Currently, the company is located in three separate offices totaling about 14,000 sf to 15,000 sf of flex space at 5430 N.W. 33rd Ave. in the local Prospect Park. The company needed a larger, more efficient space, according to Miller.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
