Five Rounds of Proposals. Three Months Free Rent. Lease Executed

ML Crane Group | Sugar Creek on the Lake | 60-Month Term | Closed November 2021 Stats

ML Crane Group needed Houston office space post-pandemic — flexible terms, real concessions, and a buildout-ready suite. The landlord, Madison Marquette, pushed back through five separate proposal rounds over two months.

Five rebuttals. Every round: a counter, a rebuttal, a new position. What came out the other side: three months free rent at lease commencement, $20.00/SF starting rent, $0.50/SF annual escalation — below market — on a 60-month term.

Lease fully executed November 10, 2021. Total lease value: $249,060 gross.

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