Achieving favourable terms and securing the right space for our valued client
Challenge
Our Colliers South West Industrial Experts Fab Dalfonso and Adrian Balderston worked closely with Coates to find them a suitable premises within the South West Sydney market. Our challenge was to find an ideal property that met Coates’ business needs whilst also negotiating the best outcome for all involved in the deal.
Strategy
Our Colliers experts worked with Coates to understand their businesses needs and requirements in order to find them a suitable premises. Coates required a substantial site to locate the businesses NSW headquarters and ultimately lead to increased efficiency and productivity of the overall business. Fab and Adrian were able to use their comprehensive database combined with their expert market knowledge and presence to uncover various potential available spaces for Coates. Aligning Coates’ requirements to a premises within the market led to our experts being able to negotiate a deal at 41-47 Stennett Road, Ingleburn which they were exclusively appointment to lease by Stockland.
Results
We were successful in securing a long lease term with fixed increases. The deal was a large consolidation of 4 sites comprising of an office and warehouse of 8,604m²* and an additional 45,000m²* of hardstand area. This site will allow for increased business efficiency and productivity, Coates is reinvesting into the business to achieve better customer solutions and services. Our industrial South West team are experts when it comes to aligning your requirements to find the next asset for your business. We demonstrated the ability to deliver enduring value for our clients by achieving desired and exceptional results for all involved.
Testimonial
“Colliers performed outstandingly and with a level of service that was greatly appreciated. Achieving favourable terms and securing the right space for our valued client.
Fab and Adrian both showed expertise, were always professional in their approach and subsequently secured the deal”
Tony Hess
National Property Manager
Coates Hire