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Commonly known as the logical location for expansion of the Brisbane CBD, it may come as no surprise that Fortitude Valley is currently experiencing a tidal wave of commercial office developments. With competitive rentals on offer and brand new space, how will building owners of existing vacant space compete?
Home to progressive, urban commercial spaces, King Street has quickly become the leading location for office leasing in Bowen Hills. Neighbours with the CBD, Fortitude Valley and Newstead, it’s easy to see why developers have fled to this location.
We are pleased to report that our team continues to grow and would like to welcome onboard our new Associate Director, Will Cooper.
With large floor plates, generous car park ratios and affordable rent, look no further than Eight Mile Plains. While business parks once focussed on functionality over form, they have since been redefined into the vibrant, innovative hubs we're seeing today.
Despite typically flying under the radar, Spring Hill is experiencing a rapid resurgence and becoming one of the most popular precincts for smaller sized organisations in the Brisbane inner-city fringe.
From laneways to coworking spaces, hole-in-the-wall coffee shops, to luxury brands selling high-end fashion, Fortitude Valley is not only the liveliest suburb in the Sunshine State but an up and coming contender for Brisbane’s fastest-growing start-up scene.
Do you have an impending 2022 office lease expiry, and are you interested in leasing space in the Fortitude Valley but waiting for the new year to engage on this? We recommend tenants start the investigation this side of Christmas to avoid having to compete with the remainder of the market for what little quality stock remains.
We are pleased to introduce and welcome our newest member to the team, Nick Tanner.
Are you considering renting a commercial property in Milton, Brisbane? If you like inner-city convenience without the price tag, Brisbane River views and affordable rent, then Milton may be for you.
Whilst the second half of the financial year saw a significant drop in the number of enquiries due to the COVID-19 pandemic overall it was terrific to see leasing transactions still occurring. Some notable leasing transactions for the year are listed here.
Designed with a full height glass curtain facade and the largest existing floor plate available in the precinct, the building has been developed for organizations looking for modern, flexible and efficient office accommodation.
The Government recently announced a mandatory Code of Conduct that allows for commercial tenants in financial distress to apply for rent reductions by way of either rental waivers or deferrals.
We have had a successful start to the financial year leasing in the order of 17,792m2. This takes us to a total of 26,715m2 of leased office space since the business began just over twelve months ago.
The Urban Renewal precinct continues to tighten with the recent leasing of 1024 Ann Street, Fortitude Valley. In a coup for the Emporium master planned precinct, Workspace365 recently committed to a 2,350m2 full building lease on a 10-year term. Market sources suggest that a gross rental of $485-$500/sqm was achieved for the transaction.
GWC Property Group and Alceon Queensland have partnered for the repositioning and sale of 25 Montpelier Road, Newstead. In an immediate coup for the parties, Ladbrokes Digital has committed to 3,250m2 over Levels 1 & 2 on a brand new 10-year lease, taking the building to 100% occupancy.
385 Macarthur Avenue, a BlightRayner designed building, is located in the rapidly growing Northshore Hamilton business precinct, offering the opportunity for business to reside in sophisticated and innovative commercial accommodation.