Madgwicks’ expert leasing team is an industry leader in retail and commercial leasing. Add on in-depth knowledge of property law and an astute understanding of the commercial realities and factors in retail and commercial leasing and you get Madgwicks’ industry recognised expert team achieving successful outcomes in all facets of leasing.
The Madgwicks Leasing Team can assist with advice, negotiations and preparation of retail and commercial leases and associated transactions, as well as handling subleasing agreements, licenses and other types of documentation that relate to retail, office, industrial, specialist residential and hospitality sectors.
Madgwicks undertakes the training of valuers in retail leasing law and provides monthly updates to our extensive network of valuers and commercial and retail managers (subscribe here). We advise valuers on undertaking valuations of property and are regularly engaged to provide expert opinions where landlords and tenants disagree on the method of determining a market rent. In addition, we have challenged valuations to have them set aside, or defended a valuation on behalf the landlord or a tenant.
The team is able to assist with all facilities from a single site location all the way to major centres. We are highly commercial and outcome focused and always to work to a legal solution that is commercially strategic. We can also advise on and provide alternative dispute resolution services to lessor and lessees – and help terminate a lease should a party default or fail to meet their obligations.
The retail and commercial leasing services we offer include:
- lease negotiations
- agreements to lease
- assignments of lease
- surrenders of lease
- renewal and variations of lease
- leases/licences relating to local government
- advising on national retail tenancies legislation
- leasing of commercial premises including shopping centres, industrial premises, small scale premises, offices, and mixed use strata buildings
- sub-leases and licences including car parks, storage, postal and outdoor seating licenses
Partner Rohan Ingleton is a Fellow of the Australian Property Institute and responsible for the legal training of valuers seeking accreditation to become specialist valuers under the Retail Leases Act 2003 (Vic). Rohan is often appointed as an expert to determine legal questions under dispute and provides expert opinions on retail leasing matters.
Given the traditionally long duration of commercial leases, issues are bound to rise from time to time. You can contact our team to find out more about how we can assist. You can also read about our leasing experience specific to the telecommunications industry here.