Scorpion
20,500 sq. ft.
Scorpion
Client
- SSCP Management
- 10,000 sq. ft.
- Hospitality
Locations
- Dallas
Services Provided
- Transaction Management
Cresa Team
- Alex Coe
Client Objectives
SSCP Management is a family owned and operated, award-winning restaurant leader, that owns and operates numerous restaurants, shopping centers, apartment buildings and other real estate holdings. Through a recommendation, Cresa was introduced to SSCP to discuss an upcoming renewal assignment that had less than 12-months of term.Results
Within 90 days of initial conversations, SSCP and Cresa were able to determine the best path forward to proceed with a commercial real estate decision that best supported SSCP’s business and operations.SSCP and Cresa worked to successfully leverage relocation terms for a renewal agreement. The Cresa Team negotiated and achieved best and final terms involving: a below market renewal rate; a significant amount of free rent; as well as a flexible TI allowance to provide SSCP with the ability to update their space and maintain their operations. Temporary space was also negotiated to be utilized during space renovations.
Alex and the Cresa Team were crucial in helping SSCP find the perfect property with below market rents and terms. Their knowledge of the market and their ability to listen and understand makes them the best in the business and the best brokerage team that we have ever worked with!Kerry Assa | Director of Real Estate
SSCP Management
