As a previous client, SMA reappointed TRS for their upcoming Lease negotiation. They understood the benefits of utilising independent tenant representation including the extensive market review on all options, their knowledge on incentives, rents and fit out costs.
Key objectives to SMA Australia, were to reduce their operating costs, but also review alternative smaller office space in an improved building.
TRS reviewed all opportunities within the market aligned to SMA Australia’s intentions. TRS assessed and compared their lease renewal against options in the market. This ensured financial benefit was achieved, where SMA Australia accepted renewal at their existing space at 213 Miller Street.