Ash St.

Ash St.

Ash St. engaged Tenant CS to secure an office space in Sydney's CBD which would accommodate future growth and offer flexible tenure

Client Overview

No. of projects:
Multiple Projects
Single Project
Size:
200-315 sqm
Locations:
Sydney
Location:
Sydney
Industry:
Legal Advisory
Project Type:
Office Relocation
Project Types:
Office Relocation
About the company
Ash St. provides businesses with Legal and Advisory solutions to help inform and solve complex business problems.
Ash St.

Featured Project

At a glance

1 million dollars worth of savings over the lease
Successfully negotiated out of a make good
Landlord paid tenant representation fee on top of substantial incentive

The Brief

Previously engaged in a flex working arrangement, Ash St. approached Tenant CS to source a suitable space within the city core that would move them closer to clients, offer access to enhanced amenities, accommodate future growth and provide flexible tenure.

With the view of moving away from a traditional legal configuration, Ash St. sought a workplace with a high-end fit-out and creative feel that would inspire their staff and encourage collaboration.

The Results

Initially, Ash St. sought a smaller, short-term space of circa 200 sqm. However, after exploring various coworking and commercial options, an enticing opportunity on a 5-year term compelled them to reconsider the brief.

Tenant CS was able to negotiate phenomenal savings on a 315 sqm office at 285 George St - a heritage building with access to the state-of-the-art facilities at neighbouring Brookfield Place.

The team also:

  • Secured a 49% incentive, which included a high-end spec fit-out and a rental reduction 
  • Successfully negotiated out of a make good
  • Arranged for the landlord to pay the tenant representation fee on top of an above-market incentive
  • Achieved circa $1 million dollars worth of savings over Ash St's 5-year lease term

Ash St.

Project Team

Project Team

Project Team

'Exceeded expectations and secured phenomenal savings'

The Tenant CS team went above and beyond for us, exceeding our expectations and securing phenomenal savings. They found us a spacious office with a high-end fit-out and negotiated out of any make-good requirements. With close to 1 million dollars in savings over our 5-year term, we couldn't be happier with the outcome.
Lyn Woods
CEO - Ash St.

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