COVID-19 STRATEGIES

LEASE RESTRUCTURING

In response to the COVID-19 Pandemic, TRA creates strategies that meet complex client needs for restructuring existing lease obligations. Meet with us to learn how.

Case Study 1

(NATIONAL LAW FIRM)

PROJECT

Client was experiencing difficulty in making rent payments and needed rent relief/reductions.

RESULT

TRA negotiated immediate relief of rent-due thru abatements and deferments (one lease).

TOTAL VALUE-ADD

$762K

Case Study 2

(MULTI-NATIONAL NGO)

PROJECT

Client was experiencing difficulty in making rent payments and needed to reduce their footprint.

RESULT

TRA negotiated a reduction in the RSF in the lease without reducing the size of the premises.

VALUE-ADD

$495K