Adelaide, 03 March 2015 – ASICS has established its first South Australian state office after leasing a prominent office/showroom facility in Thebarton.
The high profile athletic equipment company is preparing to undertake a comprehensive fitout of the freestanding building, which is located at 61 South Road – just 4km from the Adelaide CBD.
CBRE Office Services Negotiator Nick Read negotiated the 362sqm lease on behalf of building owner SA Structural. ASICS has taken a five year lease with a five year option.
“The building was ideally suited to ASICS needs, providing quasi office and showroom space in a very central location on one of Adelaide’s major north/south transport routes,” Mr Read said.
“The building also provides for significant signage on both the façade and an associated signage pylon, which was an added attraction for ASICS.”
The property is adjacent to the West Thebarton Hotel and is opposite the soon-to-be-completed Brickworks Marketplace shopping centre, which will include a new Woolworths and Big W, two mini majors and 45+ specialty stores.
It offers 20 metres of frontage to South Road, in addition to six car parks and rear loading facilities.
Isis Australia has been engaged to undertake the ASICS fitout following a competitive tender process.
While the lease terms have has not been disclosed, the asking rental for the building was $230/sqm net.
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