Re: Staying at 1861 Wish List

From
Madonna Borger <madonna.borger@thekey.com>
To
Timothy Thomas <tt@thekey.com>
Date
2023-02-09 09:52:02
Folder
INBOX
--000000000000774f3305f4480a6e Content-Type: multipart/alternative; boundary="000000000000774f3205f4480a6d" --000000000000774f3205f4480a6d Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Just reviewing with Kate and will let you know soon On Thu, Feb 9, 2023 at 9:46 AM Timothy Thomas wrote: > This works for me. Madonna? > > On Wed, Feb 8, 2023 at 6:10 PM Wittenberg, Zachary @ Vancouver Zachary.Wittenberg@cbre.com> wrote: > >> Hi Team =E2=80=93 I just got off the phone with the Landlord. He wasn=E2= =80=99t keen on >> providing any additional $ in the deal and had concerns on the allocatio= n >> of funds. I was able to secure this: >> >> - 3 months rent abatement (tenant to pay $2500/mth vs $2000/mth) =E2= =80=93 >> total of $10,200 vs $7,800 >> - Treat the rental abatement similar to a TI, where you essentially >> get re-imbursed up to the $ amount spent after proof of work/paid inv= oice. >> In this case, the month immediately following the paid invoice will b= e >> abated. He is OK with consecutive months. Ie if work is completed tod= ay, >> March, April & May would be abated to $2500/mth. >> >> >> >> I believe this to be the best achievable deal with this landlord. >> >> >> >> Zach Wittenberg | Vice President >> >> *Personal Real Estate Corporation * >> >> CBRE Limited | Real Estate Advisory & Transaction Services >> >> 1021 West Hastings Street, Suite 2500 | Vancouver, BC >> >> >> V6E >> 0C3 >> >> >> T +1 604 662 5158 | C +1 778 990 9105 >> >> Zach.wittenberg@cbre.com | http://www.cbre.ca/ZW >> >> >> >> >> *Connect with me on LinkedIn >> * >> >> >> >> [image: Description: cid:image001.png@01CF5975.34152380] >> >> *Stay connected! >> >> E-communication laws have changed! To continue receiving commercial re= al >> estate insight from CBRE, click the link.* >> >> >> >> >> >> *From:* Wittenberg, Zachary @ Vancouver >> *Sent:* Tuesday, February 7, 2023 2:19 PM >> *To:* Madonna Borger ; Timothy Thomas > tt@thekey.com> >> *Cc:* Mary Bradley ; Fuller, Lauren @ San >> Diego >> *Subject:* RE: Staying at 1861 Wish List >> >> >> >> I=E2=80=99ll let you know when I hear back. >> >> >> >> Zach Wittenberg | Vice President >> >> *Personal Real Estate Corporation * >> >> CBRE Limited | Real Estate Advisory & Transaction Services >> >> 1021 West Hastings Street, Suite 2500 | Vancouver, BC >> >> >> V6E >> 0C3 >> >> >> T +1 604 662 5158 | C +1 778 990 9105 >> >> Zach.wittenberg@cbre.com | http://www.cbre.ca/ZW >> >> >> >> >> *Connect with me on LinkedIn >> * >> >> >> >> [image: Description: cid:image001.png@01CF5975.34152380] >> >> *Stay connected! >> >> E-communication laws have changed! To continue receiving commercial re= al >> estate insight from CBRE, click the link.* >> >> >> >> >> >> *From:* Madonna Borger >> *Sent:* Tuesday, February 7, 2023 7:55 AM >> *To:* Timothy Thomas >> *Cc:* Wittenberg, Zachary @ Vancouver ; >> Mary Bradley ; Fuller, Lauren @ San Diego = > Lauren.Fuller@cbre.com> >> *Subject:* Re: Staying at 1