A little more than halfway through a seven-year 38,000-sf lease,the Providence, RI-based commercial finance company negotiated withEquity Office Properties to cut itself loose from 11,000 sf ofunwanted office space and extend its commitment for the remainderback up to seven years.

Broker Mark McFarland of Trammell Crow Co. represented Textronin the negotiations. McFarland tells GlobeSt.com that Textronneeded to shed the space after selling off one of its businessunits. To make it happen, McFarland says they identified a tenantthat EOP could place in 5,000 sf of the space and gave back another6,000 sf in exchange for the lease extension. EOP also threw insome tenant improvement dollars, says McFarland.

"Textron is one of (EOP's) bigger tenants in the Kruse Way areaand one of its best national clients as well," says McFarland. "EOPstepped up and helped them out."

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