This article is from the Australian Property Journal archive
AN architectural firm has inked a five-year lease over a 299.8 sqm office suite at 25 Bligh Street in Sydney’s CBD.
Savills agents Liz Braithwaite and Chris Rowe negotiated the deal at $1,230 per sqm, on behalf of commercial real estate agency Kingsmede.
“Good quality existing fitted suites are leasing rapidly in comparison to open-plan refurbished spaces,” Braithwaite said.
This deal was actioned from the back of an upcoming lease expiry and Braithwaite said the asset is proving to be in high demand.
“This is the third leasing transaction within this building that we have completed in the past six months, proving continuous demand for sub-300 sqm fitted opportunities in the B-grade market,” she said.
Australian Property Journal
