Case Study

Triphen Technologies, Inc.

Client’s Situation

Working out of an industrial garage-like warehouse with limited functionality and size, Triphen Technologies, Inc. needed a sudden change for its growing software technology business. As a provider of technology solutions for the hospitality industry, Triphen Technologies desired to have more practical and sufficient office layout that would accommodate its business services, stemming from software development to sales to technical support, while having a pleasurable work environment for its employees and clientele. Simplicity at its best! They desired an office suite composed of a large bullpen area, perimeter offices, glass conference room, fully supplied kitchen, and plenty of server/storage rooms. Also, the office suite needed to be highly equipped high bandwidth networking capabilities.

Triphen Technologies, Inc.

What We Did

We helped Triphen Technologies, Inc. secure a 2,370-sf executive office suite within a mid-rise office complex in Burbank. Achieved above-market tenant improvement allowance for a full office build-out. Obtained rent abatement for several months. Limited annual rent increases. And extended renewal options within a marginal CPI index.

Services We Provided

  • Needs Assessment
  • Property Search & Site Selection
  • Lease Negotiations
  • Lease Execution
  • Tenant Improvement Coordination
  • Move-In (Post Walk-Thru)
  • Periodic Follow-up (Occupancy & After)

The Outcome

We saved a great deal of time, money, and inconvenience for the tenant. We built trust and managed the stresses throughout the leasing process. Kept the tenant’s best interest at heart – management of overhead costs in respect to business growth. – restaurants and retail shops.

Property Location

3100 W Burbank Blvd #101
Burbank, CA 91505

Client’s Testimonial

I express our greatest appreciation for the professional way that Mike handled the transaction, provided guidance and facilitated the deal. Mike understood our real estate needs and simply got the job done.

Tolj Commercial Client - Zohrab Gyunashyan

Zohrab Gyunashyan

President
Triphen Technologies, Inc.

Let’s Explore The Opportunities

Work with someone who can guide you through every step of a commercial real estate transaction. Schedule a free consultation with Mike today. 

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