CXC Global is a leading provider of contractor management solutions with offices in 69 countries and across 5 continents.
With a planned growth in headcount, upcoming lease expiry and imminent increase in their commercial rent, remaining in the existing premises was not an option. Yet, good alternatives appeared to be very limited.
CXC engaged Tenant CS to help them gain the upper hand in a tight market, with a particular focus on ‘off-market’ opportunities in Sydney CBD and North Sydney and negotiating a tenant-friendly lease.
Faced with a landlord who decided to take CXC’s selected/preferred property from the market at the last minute, Tenant CS had to work quickly to negotiate a second lease for an alternative space.
However, whilst doing this, Tenant CS was able to secure CXC’s first option through continuous contact with the appointed agent. The selected premises had an (almost) new fit-out in place and negotiated terms were very favourable.