MORRISVILLE, NC
SCIQUEST AT PERIMETER PARK
Completed 80,000 square foot anchor lease on behalf of SciQuest at Perimeter Park. Provided strategy to take advantage of fast changing market, which included a disposition of an existing ~40,000 square foot lease and relocation to a building then being built spec. The disposition was secured to align with the relocation, but successfully structured below market economics given the variability of the sublease back-fill.
“When we engaged your representation services we had two immediate objectives: 1) Sublease excess space in Pennsylvania that another agent had listed for over a year without success; and 2) Re-negotiate our current lease to accommodate more growth, address facility design issues while driving additional long term economic value. You achieved both objectives for us within months.”
- Jennifer Kaelin, (former) CFO | SciQuest