--000000000000b3d334064cad37dc Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Tim, He wont negotiate so we can move out and get 50% reduction in rent for the remainder of the lease term. What do you think? ---------- Forwarded message --------- From: Charlie Ferro Date: Tue, Mar 10, 2026 at 8:27=E2=80=AFAM Subject: Re: New tenant for GrandRapids office To: Madonna Borger , Timothy Thomas Hi Madonna - there are costs incurred in flipping the suite and I thought I could provide a =E2=80=9Cwin win=E2=80=9D. The new tenant can wait if you p= refer to not do the lease termination. Let me know, thank you. Charlie Charlie Ferro Ferro Real Estate (616) 901-2223 Get Outlook for iOS ------------------------------ *From:* Madonna Borger *Sent:* Wednesday, February 25, 2026 1:33:39 PM *To:* Charlie Ferro ; Timothy Thomas *Subject:* New tenant for GrandRapids office Hi Charlie, I appreciate you calling the other day, and we're happy to hear that a new tenant may be ready to take over the lease soon. Could you please explain the rationale behind the request for 50% of the remaining rent? Since the property will be re-rented, we were hoping for a straightforward lease termination." Previous landlords have just terminated the lease so just wondering why the 50% rent for the remaining months? Thanks Madonna Borger Real Estate Director *Please note my email has changed: * madonna.borger@thekey.com TheKey.com [image: TheKey] --=20 Madonna Borger Real Estate Director * Please note my email has changed: * madonna.borger@thekey.com TheKey.com [image: TheKey] --000000000000b3d334064cad37dc Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Tim, He wont negotiate so we can move out and get 50% = reduction in rent for the remainder of the lease term. What do yo= u think? ---------- Forwarded mess= age --------- From: Char= lie Ferro < chasferro53@hotmail.com > Date: Tue, Mar 10, 2026= at 8:27=E2=80=AFAM Subject: Re: New tenant for GrandRapids office To= : Madonna Borger < madonna.b= orger@thekey.com >, Timothy Thomas < tt@thekey.com > Hi Madonna - there are costs incurred in flipping the suite and I thought I= could provide a =E2=80=9Cwin win=E2=80=9D. The new tenant can wait if you = prefer to not do the lease termination. Let me know, thank you. Charlie Charlie Ferro Ferro Real Estate (616) 901-2223 Get Ou= tlook for iOS From: = Madonna Borger < madonna.borger@thekey.com > Sent: Wednesday, February 25, 2026 1:33:39 PM To: Charlie Ferro < chasferro53@hotmail.com >; Timothy Thomas < tt@thekey.com > Subject: New tenant for GrandRapids office =C2=A0 <div dir