The American Club

Levels 14-16, 131 Macquarie Street, Sydney NSW

Scope: 1,500 sqm
Service: Project Coordination and Tenant Representation

Challenge

  • Provide strategic property advice for divestment of assets
  • Coordinate the sale process of all three floors with the appointed sales agents

Action

  • Market valuation was obtained for price guidance
  • Coordinated a Request for Proposals from selling agents
  • Provision of recommendation and rationale on appointment of sales agents
  • Coordinated the sales and marketing until campaign finalisation

Result

  • The successful sale of all three floors with a sale price in excess of expectation of The American Club
  • Negotiation of sale and leaseback with favourable terms to The American Club for Level 14