Whitford City Shopping Centre

Whitford City Shopping Centre is a Major Regional centre located on the northern coast in Hillarys, Western Australia. Lease Equity were engaged in 2001 to undertake the project feasibility and analysis for the full redevelopment and extension of the centre. The redevelopment was in the order of $80 million and required 100 additional tenancies together with five mini majors and the relocation of a Woolworths Supermarket.

Lease Equity’s role included negotiating all commercial terms on behalf of the Landlord and renegotiating all leases with existing tenants in order to affect an optimal tenancy mix and accord with previous leasing arrangements.

The shopping centre extension was completed 100% leased, resulting in a centre of 65,000 square metres and over 210 specialty tenants.

The addition of the 100 specialty shops and five mini majors also facilitated the relocation of another 20 tenants from within the centre. The centre became the benchmark in retail project leasing in WA and the outcome for the client has been outstanding.