TELCO Vodafone Hutchison Australia has preleased 11,000 sqm of office space at Investa Property Group's Ark development in North Sydney – in one of Sydney's largest leasing deals this year.
Vodafone will join Coca-Cola Australia at the complex, and will take the second to seventh floors of the prestigious building for 10 years with option periods.
Investa’s group general of developments Tina Tang said the leasing deal is a stand out in the economic climate of the past 12 months and reinforces Investa’s belief that there will always be a market for quality product.
“The Ark is a rare building that will be described as iconic for years to come. The attention to detail in this design makes for a great working space, with outdoor areas and a grand welcoming foyer.
“We will also be unveiling some highly original public art at street level to create a strong connection to the history of the area,” Tang added.
Located at 40 Mount St, Ark is one of only a few buildings to be awarded a 6 Green Star Office Design rating by the Green Building Council of Australia.
And of the 28,500 sqm NLA of A-grade office space over 21 floors, only a limited number of floors are still available for lease in the Ark (approximately 5,000 sqm in total).
When the building opens for business in Q2, 2010 Ark is expected to be close to fully leased. Tenant introduction was arranged by both m2 Office Leasing and CBRE.
Australian Property Journal
