Summary
To secure and structure a lease transaction that would address our client’s immediate space needs as well as accommodate further growth in a prime CBD position that would allow easier employee recruitment. The situation was significantly time sensitive as the firm needed to occupy the space in a short period of time.
Key Points
After weeks of comparing a number of office options which included undertaking an extensive analysis (pros and cons), the robust negotiations undertaken resulted in us achieving the best lease economics for our client. Excellent market intelligence concerning “Deal rates and terms” for recent comparable lease transactions was a major competitive advantage in achieving optional terms.