We were engaged by a specialist Doctor to undertake due-diligence and negotiations regarding a medical office facility which was under construction. Our client saw the benefit of using a tenant advocate with market independence, negotiation experience and knowledge. Our client was very interested in securing the space, however they were reluctant to formally commit until we throughly investigated the development, asking rent, inclusions, finishes, lease terms and possible incentives etc.

Key Points

After a period of robust negotiations, we were successful in negotiating and securing the premises for our client. Key Benefits for our client:

  • Substantial rent incentive over the term of the lease
  • Outgoings capped
  • Extended lease term and options period
  • Additional Parking
  • Reduced annual rent increase percentage