A Brisbane CBD office has secured more than 4,000 sqm in new lease commitments via three new tenants in a sign of renewed leasing activity in the Queensland capital.
Deka’s A-grade asset at 66 Eagle Street signed up Fujitsu for 837 sqm of space, while the Federal Government leased 2,920 sqm and WT Partnership secured 376 sqm.
Located in Brisbane CBD’s Golden Triangle, the property offered 32,115 sqm of net lettable area with leasing rates starting from $825 per sqm.
The recently refurbished building featured a new lobby with concierge services, a ground floor café and retail offering, end-of trip facilities and a gold rated wired score for internet connectivity.
Knight Frank and CBRE negotiated the leasing deals.
Knight Frank Leasing Director Mark McCann said the recent tenant commitments to 66 Eagle St were testament to the quality of the asset’s refurbishment at ground floor and on floor upgrades, in addition to the large mainly column-free floor plates of up to 1460 sqm per floor.
“There is a resurgence in corporate office activity and requirements in the Brisbane CBD at present which is largely due to new workplace designs being implemented as part of a corporate strategy to create an appealing workplace environment for staff to return to the office,” he said.
“Office assets like 66 Eagle Street that have invested in recent capital upgrades to enhance on-site amenity are benefiting from this renewed uptake in leasing activity.”
The new leasing activity follows recent lease renewals with both QIC and McCullough Robertson, which totalled more than 11,000 sqm-plus combined.
CBRE Associate Director, Investor Leasing Coen Riddle said the current focus on employee wellbeing, as well as staff retention and attraction, had led to many occupiers recentralising to core CBD locations such as 66 Eagle Street.
“66 Eagle Street positions itself as an enticing office accommodation solution for high-calibre businesses who are drawn to its premium lobby experience combined with its unrivalled on-floor workplace opportunities,” Riddle said.
“Assets positioned around the iconic Fig Tree precinct will continue to attract aspirational organisations seeking to improve staff/client engagement.”