focus OFFICE leasing A selection of office space for lease in the Auckland CBD and surrounding areas February 2014

Transcription

1 focus OFFICE leasing A selection of office space for lease in the Auckland CBD and surrounding areas February 2014

2 Going, Going... New Zealand led by strong growth in Auckland, the Christchurch rebuild and a buoyant dairy sector is poised for what some economists are referring to as a once in a generation year of surging economic growth in While this is great news for the country and businesses in general, it will inevitably put further pressure on business accommodation and, in particular, the Auckland office market. As we have noted in previous issues of this publication, growing business confidence, rising tenant demand and a decreasing supply of office space available for lease translates into a market of rapidly diminishing options for tenants wanting to relocate. The brutal reality is that if you do not engage with the leasing market well out from your lease expiry you may well end up stuck in your existing premises. As Bayleys Research s overview of the office leasing market on page 4 indicates, the balance of power at the quality end of the market has swung back firmly in favour of landlords after a long period of time in which tenants called the tune. However, the good news is that our first Office Leasing publication for 2014 does showcase the very best of what is still available for lease in Auckland. Our team of experienced leasing specialists is also ready and willing to assist you to find the best solution to your accommodation needs. But we urge you to move quickly. The office supply imbalance will only get worse before it gets better. John Church General Manager Commercial & Industrial Bayleys Real Estate The Office Leasing Focus 2012/2013 Campaign won the 2013 REINZ award for Best Multi-Media Marketing Campaign The Bayleys Corporate Leasing Team Rob Cross Manager Corporate Leasing Team M rob.cross@bayleys.co.nz Paul Hain Corporate Leasing Consultant M paul.hain@bayleys.co.nz Andre Siegert Corporate Leasing Consultant M andre.siegert@bayleys.co.nz Bill Fenton Corporate Leasing Consultant M bill.fenton@bayleys.co.nz Brendan Graves Corporate Leasing Consultant M brendan.graves@bayleys.co.nz Ben Wallace Corporate Leasing Consultant M ben.wallace@bayleys.co.nz Matt Gordon Corporate Leasing Consultant M matt.gordon@bayleys.co.nz Robert Scott Corporate Leasing Consultant M robert.scott@bayleys.co.nz Anna Thompson-Ford Marketing Executive B M anna.thompson-ford@bayleys.co.nz Jessica Heron Team Secretary B jess.heron@bayleys.co.nz Pictured from left to right: Gabriella Troutbeck (C&I Marketing Account Manager), Bill Fenton, Matt Gordon, Andre Siegert, Rob Cross, Ben Wallace, Brendan Graves, Anna Thompson-Ford (C&I Marketing Manager), Rob Scott, Paul Hain 2

3 CONTENTS 151 VICTORIA STREET WEST AUCKLAND CBD THE CROSSING, HIGHBROOK, AUCKLAND GREENLANE BUSINESS PARKS, AUCKLAND ANZ TOWER, 23 ALBERT STREET, AUCKLAND CBD PWC TOWER, 188 QUAY STREET, AUCKLAND CBD QUEEN STREET, AUCKLAND CBD QUEEN STREET, AUCKLAND CBD SHORTLAND STREET, AUCKLAND CBD VIADUCT HARBOUR AVENUE, AUCKLAND CBD SYMONDS STREET, AUCKLAND CBD SYMONDS STREET, AUCKLAND CBD VIADUCT HARBOUR AVENUE, AUCKLAND CBD NUGENT STREET, GRAFTON THE FERRY BUILDING, 99 QUAY STREET, AUCKLAND CBD QUEEN STREET, AUCKLAND CBD SHORTLAND STREET, AUCKLAND CBD VICTORIA STREET, AUCKLAND CBD BDO TOWER, 120 ALBERT STREET, AUCKLAND CBD MAHUHU DRIVE, AUCKLAND CORINTHIAN DRIVE, ALBANY CUSTOMS STREET EAST, AUCKLAND CBD UPPER QUEEN STREET, AUCKLAND CBD FRED THOMAS DRIVE, TAKAPUNA

4 Landlord now king as CBD office supply squeeze tightens Growing economic confidence, which is generating more optimism in the business sector, is fuelling greater activity in the office leasing market. Bayleys Research s Sarah Davidson analyses what the latest vacancy numbers are indicating. A strong finish to 2013, with GDP growth of 1.4% in the September quarter, points towards continued improvement in Auckland s office markets in 2014, led by the central business district. Improvement in office occupancy is already evident. Overall vacancy continues to decline and, for the first time since Bayleys Research s 2012 mid-year survey, the reduction in empty space in the CBD isn t just evident at the prime end of the market. The secondary office market displayed a declining vacancy rate too in our latest January survey, although it remains elevated above its long-term average. While Auckland has long been regarded as New Zealand s commercial capital, this is becoming more apparent as businesses continue to migrate north. Over the past three years, Westpac, ASB and BNZ have consolidated their space requirements and moved into new purpose-built head office locations in Auckland s CBD. The companies have moved staff from various locations, both within the region and further afield. The latest company to announce its head office move into Auckland is BP, relocating from Wellington. There appear to be various reasons for this, with one of the catalysts cited as the low seismic rating of BP House on Willeston Street. A major contributor to increased leasing activity has also been a realisation amongst larger companies in particular that the accommodation options for tenants wanting significant amounts of space are rapidly diminishing. Greater business confidence has also resulted in tenants being prepared to commit to longer term leases. There have been a number of examples of this in leases concluded by Bayleys Auckland leasing team over the past year: Watercare Services Ltd s leasing of 7,000m² of space for 12 years in a recently completed building at 73 Remuera Road, Newmarket, with New Zealand Lotteries Commission committing to 1,938m² in the same building on a nine-year lease; Lion New Zealand s occupation of 5,139m² of office space on a ten-year lease in the new GHD Centre in Napier Street, College Hill; Oracle NZ s leasing of 1,700m² on the top floor of 162 Victoria Street West for nine years; The leasing of 2,500m² on the top floor of 100 Beaumont Street on a nine-year term to New Zealand s largest insurance broker, Crombie Lockwood. There has been a noticeable tightening in the availability of premium and A grade CBD office space over the last 12 months. Prime grade vacancy, which encompasses these two categories, was measured at 6.9% in Bayleys Research s January 2014 office vacancy survey. Premium space, encompassing the city s top six buildings, had a vacancy rate of just 1.6% with most of this comprising small pockets of space spread across these properties. Significant floor areas in premium buildings are almost non-existent and quickly drying up in A grade buildings as well. This supply shortage will be further exacerbated by limited development activity. Only two significant office projects are underway in the CBD at present, Mansons TCLM s development of an 18,600m2 office building at 151 Victoria Street West and Goodman Group and Fletcher Construction s building of Fonterra s 16,000m2 new headquarters in Fanshawe Street, opposite Victoria Park. However, both of these projects have only recently commenced and it will be late 2015 before Mansons building will be available for occupation, for example. The worsening supply of CBD office space means that owners of good quality, seismically sound office buildings are in a strong position. A shift in the balance of power from tenants to landlords means that incentives are no longer a significant feature of the leasing environment and tenants who have rent reviews to market, rather than CPI, need to factor in possible rental increases. Vacancy Rate % 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% Jan-03 Ju -03 Jan-04 Ju -04 Jan-05 Ju -05 AUCKLAND CBD OFFICE MARKET Prime and Secondary Vacancy Rates Jan-06 Ju -06 Jan-07 Ju -07 Jan-08 Year Ju -08 Jan-09 Ju -09 Jan-10 Ju -10 Jan-11 Ju -11 Jan-12 Ju -12 Jan-13 Ju -13 Jan-14 Source Bayeys Research MYOB, AUCKLAND WORK PLACE TRENDS Open, progressive and diverse work spaces; support collaborative behaviour, improved team connectivity and mobile workstyles. How can your workplace support greater flexibility? Find out more about workplace trends and get a free spatial analysis - jeff.cowan@gaze.co.nz Interior Architects Project & Cost Management Property Advisory Building Refurbishment Procurement Property Partnership Auckland Wellington Christchurch follow us on LinkedIn 4

5 We re always thinking ahead... at Bayleys Property Services. Our Property Managers, Facilities Managers, Project Managers and Valuers are progressive, innovative and always looking to evolve ahead of the market. In October this year Bayleys Property Services launched a new insurance brokering partnership with Crombie Lockwood offering our clients lower premiums, higher coverage and greater efficiencies when processing repair works and claim pay-outs. To find out more about how our Property Management and Valuation teams can help you obtain the best possible performance from your asset please contact: Bayleys Property Services Limited Nicholas Piper Stuart Bent Auckland Auckland Bayleys Valuations Limited John Darroch Paul Butchers Auckland Wellington

6 151 victoria st auckland cbd you rl ogo her e your logo logo your here here progress - november 2013 you r lo go h ere your logo here go here your lo

7 your h re lg your ogo here y ur e logo her auckland s newest 5 green star rated Building! 151 Victoria Street West, Auckland CBD completion late 2015 e go her your lo 151 Victoria Street is Auckland CBD s latest 5 star office development, and construction is already underway. The development consists of six floors of office accommodation with two levels of basement carparking. The net lettable area is approximately 18,600m² with large floor plates comprising approximately 3,100m² with a three metre floor to ceiling stud height. The development is located in a prime CBD location, with Les Mills gym directly across the road, Victoria Park within two minutes walk, and within close proximity to conveniences of hotels and conference facilities e.g. Heritage and Sky City, and numerous cafes, bars and restaurants. The building will be built to a 5 green star rating ensuring high levels of fresh air, natural light, and other staff comfort initiatives. There will be on-site cycle/locker/ shower facilities and up to 169 on-site secure basement carparks plus many more long term parking options available nearby. The building will feature an impressive 20 metre high lobby atrium, a substantial landscaped courtyard, and due to the elevation of the site will boast expansive harbour views from the top office levels. AreAs AvAilAble Total net lettable area of 18,600m² / Six floors of 3,100m² each contact Paul Hain / M / E paul.hain@bayleys.co.nz / / Key FeAtures > No ground rental payable - freehold land > All floors will benefit from a 3 metre floor to ceiling stud height > Building has two large atriums that increase natural light onto the floor > On-site cycle park/locker and shower facilities > Reputable corporate neighbors including NZ Post, Telecom, Gen-i, Auckland Council, Oracle NZ, Paymark, Kordia, TVNZ and Ricoh NZ > Excellent access to and from motorway networks > Close proximity to all forms of public transport networks > Naming and signage rights available Bayleys Real Estate Ltd, licensed under the REA Act 2008

8 OFFICE & RETAIL LEASING Shouldn t your business consider the possibilities? > Highbrook Business Park is a world class mixed-use development combining commercial, industrial and retail across 107 meticulously planned hectares. Highbrook is over 55% complete, with approximately 435,000 sqm land available for development. At the centre of Highbrook is the commercial and retail hub, called The Crossing, with restaurants, cafes, accommodation and convenience retail. Including brands such as Westpac, Kiwibank Business Banking, Hollywood Espresso and Bakery, Subway as well as Wynyard Wood Lawyers and Notaries, Waipuna Highbrook Conference Suites and Quest Highbrook Serviced Apartments. While there is limited existing vacancy at Highbrook there are some office and retail spaces from sqm. Leasing OPPORTUNITIES The Crossing, LG House The Crossing Offices, Colliers House Highbrook Drive Units B C 60 Highbrook Drive Level 2 office sqm Level 1 office sqm Ground floor retail - 89 sqm 52 Highbrook Drive Ground floor office sqm 38B & C Highbrook Drive 210 sqm per unit office space Available over two separate floors Option to lease one (210 sqm) or both (420 sqm) Ben Wallace Rob Cross ben.wallace@bayleys.co.nz Bayleys Real Estate, Licensed under the REA Act rob.cross@bayleys.co.nz Bayleys Real Estate, Licensed under the REA Act 2008 VIDEO THE CROSSING VIDEO TE RADAR TOUR OF HIGHBROOK

9 Greenlane corridor 100 sqm to 6,255 sqm Millennium and Central Park Construction has begun on an exciting new development at Central Park. This new office space is a welcome addition in an area where demand has increased and space is limited. Central Park and the neighbouring Millennium Centre are close to a variety of transport routes and offer a range of amenities. While there is limited vacancy at these large estates there are still spaces to lease, ranging from 200 sqm 700 sqm. Above: Artist s impression of the new five-level, low-rise office development at Central Park Corporate Centre Leasing opportunities Millennium Centre Phase 1 Building B, Level sqm Building C, Level sqm Millennium Centre Phase 2 Building B, Ground, 249 sqm office space Central Park Corporate Centre Building 1 Level G 592 sqm Level 1 1,576 sqm Level 2 1,576 sqm Level 3 1,236 sqm Level 4 1,275 sqm Available APRIL 2014 Available NOW Contact+ Ben Wallace ben.wallace@bayleys.co.nz Bayleys Real Estate, Licensed under the REA Act 2008 Rob Cross rob.cross@bayleys.co.nz Bayleys Real Estate, Licensed under the REA Act Building 5 Level 1 Level 5 Level 5 Level sqm 221 sqm 214 sqm 238 sqm Available APRIL 2014 Greenlane Corridor Video Building 14 Ground 349 sqm

10 ANZ TOWER 23 Albert Street, Auckland Full Floor with outstanding views now available in one of Auckland s most prestigious buildings. A recognised city land-mark and one of Auckland s tallest buildings, the ANZ Centre offers expansive views across the Waitemata. Located just across from St Patrick s Square at 23 Albert Street, the Centre s lobby and external plaza have recently undergone an extensive $76 million refurbishment, making the building one of Auckland s most sought after CBD addresses. Level 33 is a unique opportunity for your business to occupy the last remaining space in this premium building. KEY FEATURES Spectacular Harbour and CBD views Superb lobby café for client meetings On-site concierge service On-site shower facilities and bike racks Outdoor kiosk and park area Back up generator LEVEL TENANCY AREA ASKING OPEX AVAILABLE RENT (NET) 33 Whole 1054m² $530 $118/m² Immediately Proudly owned by Bill Fenton T M E bill.fenton@bayleys.co.nz Rob Cross T M E rob.cross@bayleys.co.nz

11 PwC TOWER 188 Quay Street, Auckland LAST SPACE AVAILABLE IN THIS ICONIC BUILDING PwC Tower is situated opposite the Ferry Building at the foot of the CBD on Auckland s waterfront. Within minutes walking distance of the Viaduct and Britomart precincts, the location is highly desirable. PwC Tower is considered to be one of New Zealand s most premium office buildings. The tower has an on-site concierge service and a grand lobby including a number of cafes. There is one remaining vacancy in the building that would be ideal for a business employing up to 30 people, providing a unique opportunity for smaller companies to relocate to this prestigous address with flexible lease options available. KEY FEATURES NZ s premier waterfront business address Large, column-free floor plates enabling flexible and efficient space planning to maximise views On-site concierge service Superb lobby café for client meetings and entertainment On-site shower facilities and bike racks 355 onsite car parks On-site backup generator LEVEL TENANCY AREA ASKING OPEX AVAILABLE COMMENTS RENT (NET) 13 Part 340m² $460 $133/m² Immediately Views over Auckland Viaduct Proudly owned by Bill Fenton T M E bill.fenton@bayleys.co.nz Rob Cross T M E rob.cross@bayleys.co.nz

12 TOP END OF TOWN 385 QUEEN STREET, AUCKLAND Escape the inner city but be close enough to stay in touch in this building at the southern end of Queen Street, close to Myers Park and the Aotea Entertainment precinct. Each floor is being refurbished throughout as it becomes vacant. Public transport is at the door and on-site carparks are available. Reduce your occupation costs without moving from the CBD. Inspect today. Stop Press! Naming rights possibly available Contiguous floors available Cost effective occupation City views from upper floors Space name Sqm How many staff would fit? Available Part Level 6 386m² 32 employees Now Part Level 7 257m² 21 employees Now Level 9 908m² 75 employees Now Level m² 76 employees Now Level m² 68 employees Now Bill Fenton M bill.fenton@bayleys.co.nz Andre Siegert M andre.siegert@bayleys.co.nz CONVENIENCE ON QUEEN STREET 45 QUEEN STREET, AUCKLAND Situated on the corner of Queen and Custom Street, 45 Queen Street offers the convenience of the nearby Britomart bus and rail and ferry transport centres. Enjoy the ambience of the downtown precinct, just a block from the harbour front. Walk out your front door on to busy Queen Street where banks, NZ Post and the Downtown shopping centre are minutes away. Within this landmark office tower there are large floors for staff sizes of up to 90 plus or smaller offices for 10 to 15 people. Major redevelopment of the Queen Street entry and Level 1 lobby due for completion May Space name Sqm How many staff would fit? Available Level 2 939m² 78 employees Now Level 3 942m² 78 employees Now Part Level 7 289m² 24 employees Now Part Level m² 21 employees Now Level m² 79 employees Now CALLING ALL PROFESSIONALS 51 SHORTLAND STREET, AUCKLAND For organisations seeking new middle of the range offices, it would be hard to find better opportunities than these. Various options are available throughout the building, one of the popular Twin Towers on Shortland Street which were market leaders when they were built in the 1990s and have stood the test of time. Full floors with wide ranging views are available now. The tower also has naming rights becoming available mid Space name Sqm How many staff would fit? Available Level m² 98 employees July 2014 Level m² 115 employees July 2014 Level 7 597m² 50 employees Now Part Level 8 166m² 14 employees Now Part Level 9 320m² 27 employees Now Part Level m² 27 employees Now Level m² 54 employees Now Bill Fenton M bill.fenton@bayleys.co.nz Andre Siegert M andre.siegert@bayleys.co.nz Bill Fenton M bill.fenton@bayleys.co.nz Andre Siegert M andre.siegert@bayleys.co.nz 12

13 VIADUCT VISION 4 VIADUCT HARBOUR AVENUE, AUCKLAND If you have a vision to be in the Viaduct Harbour and enjoy all it has to offer then this could be the opportunity you have been looking for. This unique sub-lease opportunity offers the duel benefit of a below market rental and an existing fitout. The current Tenant will work with you to create the space that your company needs in a location that sets your company s sights on success. KEY FEATURES: Below market rental Existing fitout in place Outdoor North facing balcony Basement car parking and 2 parking buildings adjacent Initial 3 year lease option longer terms available by negotiation HOW MUCH SPACE IS AVAILABLE? Space name Area Level 2 533m 2 Rob Cross M rob.cross@bayleys.co.nz Brendan Graves M brendan.graves@bayleys.co.nz 13

14 EYE SPY WITH MY LITTLE EYE 67 SYMONDS STREET, AUCKLAND Largest floor plate in the Precinct Signage & naming rights up for grabs Fresh exterior refurbishment Free private balcony area Category A seismic rating Loads of on-site car parking HOW MUCH SPACE IS AVAILABLE? Space Name Area Comments Level 8 1,096.7m² Divisible floor Level m² Plus free balcony Matt Gordon M matt.gordon@bayleys.co.nz Brendan Graves M brendan.graves@bayleys.co.nz The ever so popular Symonds Street precinct continues to thrive with its excellent public transport, easy access onto the motorways, high value rentals and elevated views over Auckland. Here s two office accommodation solutions that require serious consideration - why wouldn t you locate your organisation here!?! SEA VIEWS ON SYMONDS 90 SYMONDS STREET, AUCKLAND Newly refurbished whole floors Enjoy a 68m² private balcony with views Custom fitouts available to suit your business Cost effective rentals from $180 to $210 per m² Secure onsite car parking a fantastic hub to the CBD, Britomart, Parnell, Newmarket and Ponsonby! HOW MUCH SPACE IS AVAILABLE? Flexible Various options ranging from 87m² to 900m² Matt Gordon M matt.gordon@bayleys.co.nz Rob Cross M rob.cross@bayleys.co.nz 14

15 Viaduct Value Viaduct Harbour Avenue, Auckland Join the movement to the waterfront and locate your business in the heart of Auckland s creative and innovative business hub. Situated in the centre of Maritime Square these two A-Grade buildings have fantastic profile, with signage rights available and numerous cafes and bars at their doorsteps. The buildings are in immaculate condition with plenty of natural light, private balconies overlooking Auckland s Waitemata Harbour, great motorway access and on-site car parking so you don t get soaked whilst walking to the office. There is also the opportunity to walk straight into an A-Grade fit-out and start experiencing the Viaduct. KEY FEATURES: Easy access via main arterial routes Only a minutes walk to Auckland s CBD and Wynyard Qtr Basement car parking available Ample natural light through the large windows Awesome views overlooking the Waitemata Harbour Naming rights on 12 Viaduct Harbour Avenue 10 Viaduct Harbour Avenue Space Name Level 4 Level 6 Rob Cross M rob.cross@bayleys.co.nz 12 Viaduct Harbour Avenue Space Name Area Part Level m 2 Level m m 2 Balcony Brendan Graves M brendan.graves@bayleys.co.nz Area m m 2 Balcony m m 2 Balcony Robert Scott M robert.scott@bayleys.co.nz Robert Scott M robert.scott@bayleys.co.nz 15

16 LAST CHANCE 8 NUGENT STREET, GRAFTON Time for a change? Consolidating or expanding, follow other corporates in rebranding your business and revitalising your staff. Join the vibrant 8 Nugent community with cost effective sustainable design space in Building B only 1 remaining. Customised fit outs to suit your new image. YOUR STAFF WILL LOVE THIS SPACE BECAUSE... Mozaik Cafè, Barber and BodyTech gym onsite Top location with easy access to motorways, trains and buses Plentiful carparking Space name Sqm How many people would fit? Level 1 (Suite 1.40) m² 33 employees Andre Siegert M andre.siegert@bayleys.co.nz Brendan Graves B M brendan.graves@bayleys.co.nz 16

17 UNRIVALLED DOWNTOWN ICON THE FERRY BUILDING, 99 QUAY STREET, AUCKLAND A Jasmax inspired interior refurbishment is now underway to compliment one of Auckland s true historic masterpieces. The building lobby, passenger lift, winding stairwell, expansive hallways and charming finishes are all victim to these thrilling upgrades. Having recently completed its $1m exterior revitalisation, the early 1900 s Ferry Building now presents new and exciting office accommodation, pole positioned on the harbours edge. The fourth floor has recently become available and is currently split into two tenancies. The second floor presents a fresh, brand new, high stud, blank canvas - awaiting the next occupier to add a personal touch. The available floor offers flexibility and division to provide smaller tenancies if required. This character offering is the most cost competitive lease opportunity available and the Landlord will compete aggressively for sound tenants. HOW MUCH SPACE IS AVAILABLE? Tenancy Area Asking Rent Comments Level 2 687m² $350 net Available Now Level 4 (Top) 706m² $375 net Available Now KEY FEATURES: Andre Siegert M andre.siegert@bayleys.co.nz Brendan Graves M brendan.graves@bayleys.co.nz Turn-key leasing packages available Connectivity to ferry, bus and rail terminals Floor plate flexibility for various sized tenants Character which only the passage of time can create The critically acclaimed restaurant Botswana Butchery located within the building Dedicated downtown parking 17

18 AUCKLAND S BEST SERVICED OFFICES Level 10, 21 Queen Street Plaza Level, 41 Shortland Street High profile serviced offices located in prime CBD towers Excellent proximity to amenities such as public transport, cafes and retail Surround yourself with other respected businesses services including legal, financial, government and multi-national companies Serviced offices to suit staff Full time receptionist and office support available Meeting rooms/kitchen facilities Save on fit-out and set up costs Flexible lease terms available from 3, 6, 12 months + Available immediately Rob Cross M rob.cross@bayleys.co.nz Brendan Graves M brendan.graves@bayleys.co.nz

19 Continues to Impress 19 Victoria Street, Auckland Situated near one of Auckland s highest pedestrian counts Contiguous floors of 636m² each Can accommodate tenants up to 2,500m² Major refurbishment has been completed of most services, amenities and foyer, bringing the building into the now Turn key fitout solutions An abundance of on-site car parking continuously is a major drawcard to the building Tower signage rights Close proximity to Sky City and conference centre Easy walking distance to Britomart transport hub and ferry services Andre Siegert M andre.siegert@bayleys.co.nz Brendan Graves M brendan.graves@bayleys.co.nz 21

20 CLASS IS PERMANENT BDO TOWER, 120 ALBERT STREET YOUR STAFF WILL LOVE THIS SPACE BECAUSE... The Tower has direct links to: - Crowne Plaza Hotel, Atrium on Elliott Shopping Centre and Atrium Carpark All the conveniences you need under one roof - Onsite café, key cutting services, food court, dry cleaning services, car parking - Onsite property management, 24 hour security and concierge service DID YOU KNOW, ALL OF THESE AMENITIES ARE RIGHT ON YOUR DOORSTEP? Major business streets like Queen Street, Victoria Street and Wellesley Street. Easy pedestrian access to Elliott Street and Queen Street, and situated only two blocks from Northern, Southern and Western motorway links Close to public transport services THIS SPACE WOULD BE PERFECT FOR... Recruitment Airlines Tourism Legal Corporate Technology A variety of newly refurbished tenancy options are now available, from just over 100m² and upward. These include high quality modern fit-outs with up-to-the minute building services. The BDO Tower enjoys spectacular city and harbour views plus the convenience of 736 carparks in the adjacent building. International class facilities under the same roof include the Crowne Plaza Hotel & Conference Centre, cafes, restaurants, an international food court and a wide variety of shops. Extensive upgrading work undertaken on the office tower in recent years includes a full reconditioning of the HVAC system, a new state-of art on-site security access control system and upgraded lift services. Major refurbishment to the office tower exterior and lobby has recently been completed. HOW MUCH SPACE IS AVAILABLE? Andre Siegert M andre.siegert@bayleys.co.nz Brendan Graves M brendan.graves@bayleys.co.nz Space name Sqm How many Staff would fit? Level employees Level employees Level employees Level employees Level employees Level employees Level employees Level 24 (top floor) employees CURRENT TENANTS SAY... THE PROPERTY MANAGERS ARE LOCATED WITHIN THE BUILDING WHICH CREATES A CLOSE RELATIONSHIP BETWEEN TENANTS AND MANAGEMENT, AND ENSURES THAT THERE IS ALWAYS SOMEONE AVAILABLE TO TAKE CARE OF ANY PROPERTY MANAGEMENT ISSUES THAT MAY ARISE. THEY HAVE A TEAM OF EXPERTS ON-SITE TO DEAL WITH ANYTHING FROM MAINTENANCE REQUIREMENTS TO ACCOUNT QUERIES. 20

21 PREMIUM OFFICE SPACE MAHUHU CRESCENT, AUCKLAND Park like environment and minutes from Britomart Transport Hub and Central CBD. Substantial profile onto the Eastern Suburbs arterial route and adjacent to Vector Arena. There are various individual vacancies on offer and quality options in terms of existing fitouts for small and mid sized office occupants. Inspect and be impressed Minutes from Britomart HOW MUCH SPACE IS AVAILABLE? Space Name Area Net Rent Available Level 1 East 62.06m² $300 Now Level 1 West m² $275 Now Level 3 East m² m² deck $300 Now Level 4 West m² m² deck $300 Now Level 4 East m² m² deck $300 Now Level 4 East m² m² deck $300 Now Level 6 East m² $350 Now Bill Fenton M bill.fenton@bayleys.co.nz Andre Siegert M andre.siegert@bayleys.co.nz ALBANY NEW OFFICE BUILD 39 CORINTHIAN DRIVE, ALBANY Is your business on the move? Look no further than 39 Corinthian Drive. NZX Listed DNZ Property Fund is adding further momentum in Albany, one of Auckland s fastest growing areas. The design encompasses good sized floor plates of approximately 925m² each. The building is targeting a 4 to 5 star green rating, with a focus on incorporating ecologically sound sustainability features into fit out, construction and operational aspects of the building. The latest in sustainability practices form an integral part of all DNZ refurbishment and new design projects. KEY FEATURES: Highly visible from the motorway A sought after location that benefits from good public transport infrastructure available to all parts of the North Shore and Auckland City A proven growth area for development across all sectors of the property market Signage rights available offering huge exposure for any business HOW MUCH SPACE IS AVAILABLE? Contiguous floors of approximately 925m² each. Ben Wallace M ben.wallace@bayleys.co.nz Tonia Robertson B M tonia.robertson@bayleys.co.nz 21

22 Ultimate Downtown 23 Customs Street East, Auckland City Corporate tenants have been relocating towards downtown over the last few years and this building is a must see! Ideally located in the heart of Auckland s CBD, this 15 level refurbished office building overlooks the newly developed Britomart Centre with a vibrant mix of restaurants, bars and shops nearby. Public transport services, including ferries, are on your doorstep. Lease terms are negotiable. Space name Sqm Level m² Level m² Level m² Part Level m² Bill Fenton M bill.fenton@bayleys.co.nz Matt Gordon M matt.gordon@bayleys.co.nz Boost your company s profile 65 Upper Queen Street, Auckland Numerous options available for small to medium sized businesses, fully fitted out with individual offices and large open plan areas. Self contained kitchen facilities or utilize the ground floor café. Turn key ready to go occupation from early Very competitive rentals for premises of this quality. Space name Unit 1A Unit 3A & 3B Sqm m² m² Bill Fenton M bill.fenton@bayleys.co.nz Matt Gordon M matt.gordon@bayleys.co.nz 24

23 High profile space in the gateway to Takapuna, with the option of signage rights and a full turn-key fitout. High speed internet available. Smales Farm has invested $10 million to fully refurbish 4 Fred Thomas Drive and develop a brand new family medical centre, cafe and premium office space at 2 Fred Thomas Drive. The two sites have 330 car parks. Easy access to the Northern motorway network, with motorway interchanges at Esmonde Road to the South and Northcote Road to the North. Vacancies are low on the North Shore, says Paul Hain, Bayley s number one commercial salesperson. Rents are on the rise and these spaces are competitively priced. Biggest single floor available in the market 330 carparks A+ earthquake rating Onsite family medical centre open 8am 7pm Monday to Thursday, 8am 5pm Friday Onsite extended hours pharmacy Onsite café 1Gb per second internet connections available Ten minute walk to the beach, or to the shops and bars in the heart of the Takapuna dining area. LEASING NOW 2 Fred Thomas Drive, Takapuna Level 1, 560m2 Available to lease Level Area Online 1 560m Fred Thomas Drive, Takapuna Level 2, 1300m2 Available to lease Level Area Online m Fred Thomas Drive, Takapuna Level 2, Up to 2700m2 Available to lease Level Area Online 2 Up to 2700m 2 Paul Hain M paul.hain@bayleys.co.nz

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