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
