This article is from the Australian Property Journal archive
235 St Georges Terrace has reached 100% occupation as Clifford Chance moves into the Perth CBD building’s final office space.
The law firm has signed on to a five-year lease term for around 1,130sqm of A Grade premium office space on the ground floor, moving from its current location down the road at 190 St Georges Terrace.
The move follows Clifford Chance’s June relocation of its Sydney office to the $2 billion Brookfield Place Sydney office tower, which topped out in 2020.
Marcus Wright from Brookfield Properties and Richard Kilbane from Hawaiian secured the final lease at the building. The agent was Andrew Denny from CBRE.
“We are pleased with our leasing successes at 235 St Georges Terrace and believe our ability to deliver high quality office spaces that maximise tenant comfort and experience is a key reason for the strong demand we are experiencing,” said Wright, head of leasing at Brookfield Properties.
Wright pointed to the full occupation as reflecting re-emerging confidence in Perth’s office market over the last six to 12 months, even with the hurdles thrown up by the COVID-19 pandemic and its impact of workplace practices.
“This space gives Clifford Chance direct entry from the superior lobby and the opportunity to take advantage of the ground floor garden aspect, which includes balcony views of the lush Bishops House gardens,” said Kilbane, general manager of office buildings at Hawaiian, referring to the ground floor space which Hawaiian previously occupied.
Clifford Chance will join other blue chip tenants at the property including Gold Fields, Tetra Tech Companies, Gallagher, Wilson Group, CCIWA and PMG.
“It has been wonderful working with Brookfield Properties and Hawaiian on our new office requirement in Perth as our team continues to expand in Australia,” said Richard Gordon, managing partner of Clifford Chance, Australia.