This article is from the Australian Property Journal archive
Macquarie Office Trust has secured Caltex to a 10-year lease at its office building on 2 Market Street in Sydney.
Caltex will relocate its head office towards the end of the calendar year to occupy 9,200 sqm at 2 Market Street.
MOF’s chief executive Simon Jones said the new lease was another great example of how the trust’s asset enhancement strategy attracts high calibre customers.
“We’re delighted to welcome Caltex to 2 Market Street. The new building improvements, location and large floor plates are proving popular with new customers,” he added.
MOF is working with co-owner Allianz to create an integrated office campus by developing a seven storey building and retail area in the forecourt, which will be connected to the existing tower by an impressive full height atrium.
Caltex’s managing director Dave Reeves said the company saw its head office relocation as an opportunity to improve its workplace environment by moving to a newly refurbished building that supports advanced technology such as VOIP
MOF also recently announced leading health club operator, Fitness First, would lease over 2,000 sqm on the ground floor of the new building, taking precommitments to 30% of the net lettable area.
Subject to Council approval, Fitness First will open doors in late 2006, adding to amenities for existing and future customers at 2 Market Street.
By Kathryn O’Meara
