Case Studies
Renewal Yields Impressive Concessions: Greater Raleigh Convention and Visitors Bureau

Overview Greater Raleigh Convention and Visitors Bureau had 2 ½ years remaining on their lease when market and economic conditions suggested they evaluate a blend and extend proposal from their landlord. The conditions would have to be favorable for their Board and Executive committee to approve an early renewal. Results With the assistance of Rich [...]
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Law Firm Finds Value in Engaging Tenant Representation: Ragsdale Liggett

Overview Ragsdale Liggett had been in the same suburban location which had served them well for 20 years and felt a move to a newer facility would be a possible option. They had never had tenant representation during their tenancy and after several presentations determined the law firm experience of Rich Commercial and the value [...]
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Expanding Search Provides Leverage for Favorable Law Firm Renewal: Bailey & Dixon

Overview Bailey & Dixon wanted to renew their lease but it had been several years since any major improvements had been made to their space. The goal was to obtain favorable renewal terms to extend the lease including an aggressive tenant improvement allowance from the Landlord to make the needed improvements. Rich Commercial’s strategy was [...]
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Tenant Sees Value for the 3rd time: Carolina Asphalt Pavement Association

Overview Christie Barbee, Executive Director of Carolina Asphalt Pavement Association, is one busy woman! She is constantly on the go and has little time for more than the priorities of the association she directs, especially when the NC Legislature is in session. The need to deal with an office lease is a hassle and interruption [...]
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Riding the Wave of a Tenant’s Market: Stonewood Insurance Company

Overview Stonewood Insurance Company, Inc. had nine months remaining on its lease and felt the most likely decision would be to renew their lease. They had occupied their current space for 8 years and the landlord was doing a satisfactory job in maintaining the property. The market seemed to indicate that Stonewood should be [...]