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Case Study Office Leasing: Sydney West

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90-92 Phillip Street, Parramatta

Challenge

Lease multiple sizes vacancies of open plan, refurbished space in a market where most tenants are looking for fitted options.

Strategy

  • Target existing Parramatta CBD tenants to achieve a flight to quality in their next office move achieving improvement in employee morale and staff retention.
  • Position the asset to be competitive amongst opposing supply. There was plenty of stock within the size range and some with even more favourable terms than what was being offered to these tenants.
  • Promote the quality and permanency of each property whilst securing favourable terms for both parties.

Result

  • Achieved 100% occupancy in this building as of June 2021.
  • After taking over this appointment from a strong competitor of ours, Colliers managed to lease the entire Parramatta asset within 6 months
  • Leased to blue chip occupiers such as Aware Super, MyMuscleChef, Sydney West Physiotherapy etc.
Testimonial

“Janelle has been involved in leasing our Parramatta office building over the last 7 months and she has done a tremendous job to say the least. So much so, that our office building is completely leased and without vacancies. Janelle is a pleasure to deal with, always goes above and beyond and is loved by all of our staff. We look forward to a long-lasting relationship with her and the team.”

Charbel Obeid
Director
Anchor Estate Group


Related Experts

Chris Baltussen

Director | Office Leasing

Sydney West

Joining the Office Leasing team late 2015, Chris has applied his unique skillset within the Parramatta CBD and Metro Markets to provide clients with an advantage and a welcomed service as they search for the ultimate office.

With a background in Industrial Design, Marketing and Residential Property Administration, Chris understands the need for a modern and productive work space and as such applies both fields to ensure a client's requirements are wholly catered to.

Specialising in the Parramatta CBD and Western Sydney markets, Chris is driven to provide lasting relationships between tenants and landlords. As well as facilitating a level of service to clients otherwise unheard of in the industry; setting a standard within the Office Leasing environment.

View expert

Janelle Coorey

Executive | Office Leasing

Sydney West

View expert