When considering where their long-term corporate home would be, Classmates Online (now Memory Lane) hired Flinn Ferguson Corporate Real Estate to assist in educating them in the Southend, Seattle, and Bellevue markets: Ultimately choosing to relocate to Seattle. Classmates Online was able to justify the move from Renton to Seattle by selecting a first generation, never occupied sublease for an extended term. The leasing package included a turn-key, tenant improvement allowance, new furniture, fixtures, equipment, space pocketing options, and the ability to terminate. The overall effective rate represents a 30% savings for Classmates.
