The Holding Space Collective engage Franklin Shanks to secure a new space

The Holding Space Collective is a boutique private psychology practice that opened in September 2020. A Centre of Excellence (COE) offering a range of services that meet the needs of both individuals and families who have experienced trauma, grief, and/or loss. The Founders chose the name 'The Holding Space Collective' from a belief that this is the single most important aspect of any therapeutic journey - a safe, warm and supportive space for individuals and families to explore and express themselves, both their struggles and how they give meaning to their world.

Our Engagement

Franklin Shanks was engaged to deliver a practice space that echoed and supported their mission, as this was vital to THSC for their client’s wellbeing and successful therapeutic outcomes.

The Brief

To secure c.200sqm of office or retail space within Sydney fringe. Essential drivers were easy access and street carparking, a quiet, discrete space with a warm and inviting feel, good security, and natural light. THSC were looking to create a calming home environment, balanced by security for both staff and clients that an office/commercial building could better provide than a standalone house.

The Challenge

Finding a commercial space that didn’t feel like an office, or an open plan warehouse conversion. Small, private rooms and good internal soundproofing were essential and challenging to locate. Further, as a new business entering their first commercial lease, during the 2021 lockdown period, minimising fit out and occupancy costs was highly desirable.

The Solution

The initial range of inner west suburbs was expanded to include neighbouring Ultimo and Pyrmont, where heritage and character commercial spaces are more readily and reasonably available, with a greater selection of floorplates with individual offices/rooms rather than open plan, high ceiling spaces.

The Holding Space Collective now call the iconic Farmers and Graziers building on Wattle St home, with timber floors, arched windows and building security for staff, and readily accessible weekday parking for clients. Secured on a 3 year term at highly competitive rates, and with the very first small tenant e-guarantee in the Sydney market, eliminating the need to tie up valuable cash flow in a bank guarantee.

Our experience of working with Franklin Shanks exceeded our expectations. They provided excellent end to end service, expert advice and market knowledge, and all at a very reasonable cost to our business. Their enthusiasm, transparent communication, and passion for delivering a quality service supported us through what might have been a difficult process. We would highly recommend them.”

April Ash & Louise Turner, The Holding Space Collective

If you would like to speak to Jaymie Rowland about your upcoming lease negotiations, reach out directly on +61 405 342 598 or [email protected]