April 19, 2010 – Mississauga, Canada

During the course of negotiating a new lease for 20,000 square feet in Mississauga, Ontario, the brokerage representatives for one of the leading biopharmaceutical companies in the world asked for CyberLease’s assistance in reviewing and negotiating the landlord’s proposed operating expense provisions and anticipated additional rent charges. Following CyberLease’s analysis of the proposed lease document, CyberLease assisted Jim Medenbach of Jones Lang LaSalle’s Parsippany, NJ office and Peter De Guerre of Avison Young in Toronto, to obtain important improvements to the lease’s terms. With CyberLease’s assistance our client was able to significantly limit its exposure to future operating expense increases that could have resulted from either a change in building operations by the existing owner or due to a new owner having a less conservative approach to determining the building’s operating expenses.