Leasing Transaction

Address40 Frame Court, Leederville
Net Lettable Area4,066sqm
  • Introduced and negotiated a 5 year lease with the Water Corporation to occupy the entire building.
  • Done prior to the Commonwealth Bank taking the building to market for sale.
  • The lease included a break clause to ensure future flexibility to develop the site meeting the Client’s brief to maintain buyer depth across investor and developer market.
  • Understood to be the largest office leasing deal completed in Leederville.
TenantWater Corporation
ClientCommonwealth Bank
Transaction DateDecember 2017

Mandate Acquisition for Future Development

Address661 Newcastle Street, Leederville
Net Lettable Area3,105sqm
  • Originated and negotiated deal through competitive marketing process.
  • Undertook due diligence, feasibility for mandate offshore client.
  • Contracted property under a call option and assigned to mandate client after completion of due diligence and board approval.
  • Protected the client’s privacy.
ClientOffshore Developer / Investor
Transaction DateJune 2017
Purchase Price$14,000,000

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