Case Study
Peter Lee Associates
Research & Consulting Firm | Tenant Advisory
Problem
Peter Lee Associates had an upcoming lease expiry and sought to relocate to a more suitable office with more tenant favoured lease terms.
Solution
BJP was engaged to search and procure a tenancy for the client and negotiate terms that accurately reflected the current market.
Outcome
BJP searched 100% of the market and successfully located new office accommodation for the client, negotiating terms that far exceeded the client’s expectations.
Our client achieved an overall occupancy cost saving of $96,598 over the total lease term.
On average saving $8 for every $1 spent on BJP service.
“Thanks to Barratt Jennings Partners we were able to relocate our business to a more suitable office on better terms, generating real savings for our business in the process. BJP’s professionalism and expertise alleviated much of the stress associated with relocating. ”
| Inital Terms ($/m2) | Final Terms ($/m2) |
Savings |
|
|---|---|---|---|
| Annual Gross Effective Rent ($/m2) | $1,040 | $555 |
$485/m2 |
Phone
+61 413 582 131
Address
Suite 101 Level 1, 64 Clarence Street
Sydney NSW 2000