News

St Leonards NSW

Commercial-Premises-St-Leonards-1
Commercial-Premises-St-Leonards-2

Summary

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

Related posts

Sydney NSW
June 27, 2023

Sydney NSW

Our global clients Head Office is located in Sydney CBD . They had a lease expiring in 6 months and requested us to undertake a stay vs go analysis. The office market had shifted dramatically...
Read more
Sydney CBD NSW
October 13, 2022

Sydney CBD NSW

Our client engaged our services to deal with the building owners during Covid-19. Our client, like many, had a substantial downturn in their business revenue. They had engaged in initial discussions with managing agents regarding...
Read more

Leave a reply