Corrs Chambers Westgarth is advising Australand Property Group on the commercial leasing of Australand's office building at 357 Collins Street in Melbourne's CBD.
Commonwealth Bank, advised by Minter Ellison, has been secured as the tenant of approximately one third of the total office area of the building.
The office building, with an estimated value of $180 million, will comprise approximately 30,000 square metres of A-grade office accommodation upon completion.
The Corrs team was led by partner Nathaniel Popelianski and supported by senior associate Beth Crilly.
Nathaniel Popelianski said: "In order to assist Australand with finalising its agreement with Commonwealth Bank, the Corrs team was required to work within tight timeframes. The negotiations were complex and required a large amount of technical drafting."