Recently fitted office space at 2 Mill Street in Perth, has leased immediately following the completion of a brand new speculative fitout.
After hunting for a more spacious workplace to accommodate growing business operations, management and delivery practice Johnstaff signed a long-term lease over first-floor office space in the building, which offers a central location in Perth’s CBD.
Rents in the building averaged around $525 per square metre per annum (net).
CBRE’s Andrew Denny, negotiated the 217 sqm lease, on behalf of AMP Capital.
Mr Denny said Johnstaff, who are relocating from West Perth, wanted a better-quality building in an active CBD precinct – with a coffee shop on the ground floor and direct, covered walkways to nearby public transport hubs, the listing achieved this vision.
“With building outgoings at just $145 per square meter per annum (net), the site offered excellent value in a prime location,” Mr Denny said.
AMP Capital’s Managing Director, Office and Industrial, Luke Briscoe said, “We are delighted to welcome Johnstaff to 2 Mill Street who now join the wider AMP Capital business community. The team’s strategy to offer brand new fully fitted suites is proving successful and giving customers the opportunity to achieve their real estate objectives faster”.
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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.