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Gibbs Wright Lawyers Secure First Private Office

Young litigation firm Gibbs Wright Lawyers has agreed to lease terms on its first spec fitted private office space in Kyko Group’s 193 North Quay.

Kyko Group’s 193 North Quay has secured a new occupier for its latest spec fit out in Gibbs Wright Lawyers. Built by Archway Commercial Interiors, this spec fit out gained instant traction in the market and terms were agreed with Gibbs Wright even before the tenancy had been handed over to Kyko as a finished product.

Given the infancy of Gibbs Wright, a shorter lease term was initially preferred to allow some flexibility around growth opportunities and to reduce overheads. This parameter limited the search to predominantly older fit outs that were not a fair reflection on the business and the quality of its output. Initially, this ruled out 193 North Quay on account of the spec fit out requiring a longer lease term from Kyko’s side.

Having some previous experience with spec fit outs in the George St Precinct, Caden advised that this fit out in particular should be more balanced between offices and workstations rather than the more common open plan fit outs that have become popular. Narrowing the pool of target prospects is always a risk, but the fundamental qualities of this suite were excellent – a refurbished on-floor lobby; a corner suite with River views; and, a brand new, almost purpose-built fit out finished to a high quality.

 

  • Lvl 7 193 North Quay Brisbane Print

 

Upon inspecting, Gibbs Wright was so fond of the suite that their pre-existing search parameters were somewhat discarded. The size and layout of the suite as well as Kyko’s incentive structure facilitated a 5 year lease and gave Gibbs Wright confidence that the future growth of their business would not be constricted by the space they occupy.

Contact Lewis Harper on 0437 187 659 or at lewis.harper@caden.com.au for more information on this deal or about 193 North Quay.

 

 

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