FIT FOR LIFE

As Eyes Lips Face began to outgrow their old space, it became clear that they were going to need a very well-priced deal in order to avoid a big jump in their rental expense. By negotiating favorable lease rates, Benchmark was able to reduce the financial impact of the additional space and still allow the Tenant to have most of their upfront costs defrayed by the Landlord. Benchmark also lowered their occupancy cost by subleasing some of the space they had taken for future growth. Benchmark’s solid relationship with the Tenant’s former Landlord helped get them valuable time beyond their lease expiration when construction plans changed. Finally, Benchmark reviewed the lease carefully, making sure to remove or modify legal clauses to protect the Tenant’s interest.