Touting for tenants at Green Lane
Tenants are being sought for an expansive campus-style office development to be completed later this year in Greenlane.
The two premium-grade buildings — at 9-15 Marewa Rd in the popular Greenlane Corridor office precinct — are owned by the Kimberley Trust.
They are offered for lease through Sam Gallaugher, Matt Lamb and Michael van der Putten of Colliers International.
A national tenant has already leased 1500sq m in Building One, with construction expected to be completed in the second quarter of 2017, says Gallaugher.
“We have secured a key tenant in the new development, with site clearance now underway to prepare for construction of Building One. Building Two will kick-off following tenant pre-commitment, or once Building One is fully leased.”
About 2500sq m is still available in Building One, a five-level facility which features extensive glazed frontages and ground-level car parking.
Building Two is planned to provide circa 5000sq m of office space across four levels, also with ground-level covered parking. Naming rights are also available.
Both buildings will provide large, virtually unobstructed floor plates of 980sq m (Building One) and 1650sq m (Building Two) that can be split to accommodate businesses of various sizes, Lamb says.
“The buildings will deliver superior layout flexibility for multiple team configurations, which today’s modern businesses demand,” he says.
The Marewa commercial precinct will “set the benchmark” for quality and amenity in southern corridor office developments, says Gallaugher.
The Green Star-rated buildings will offer generous natural light, robust telecommunications and data infrastructure, prestigious corporate-grade reception areas, bike storage and an ample car parking ratio.
In addition, the development will feature an onsite cafe, retail units — including a 24-hour gymnasium, Snap Fitness — a daycare facility and a central courtyard providing green space and further parking.
Designed by award-winning architects Brewer Davidson, the buildings’ large, open-plan office spaces will be able to accommodate higher workspace density ratios than many older-style buildings. This will enable businesses to save on their property costs, says van der Putten.
“The large, unobstructed floor plates will enable businesses to operate at a lower overall square-metre-per-employee-ratio, while still maintaining high employee comfort levels, as well as providing shared break-out areas and meeting rooms.”
Gallaugher says the increase in popularity of suburban office locations should ensure successful take-up from occupiers.
“The scarcity of new, prime-grade office space available in the CBD has resulted in rents skyrocketing. Because of this we’re now seeing many businesses opt for a location outside the CBD, where rents are lower and large, modern floor plates are more readily available.”
The Greenlane Corridor offers businesses the added benefit of motorway access and public transport, says Lamb.
“Offices in Greenlane are sought after owing to the huge visual exposure to the motorway — it’s a premium spot for brands to be seen.”