Global engineering firm Beca’s commitment to a major lease agreement on two interconnected, 6 Green Star office buildings that are under construction in the highly sought-after Wynyard Quarter Innovation Precinct leaves the final third of the floor space available for lease.
Earlier this week Beca announced they had agreed to a 12-year lease on more than 14,000sq m of space across the architecturally designed buildings at 124 Halsey Street and 117 Pakenham Street.
Beca will move from its current headquarters at Pitt Street in central Auckland to be the anchor tenant at the development that will be known as Wynyard Quayside when it opens in the first quarter of 2025.
This leaves a range of flexible options for future occupiers to secure the remaining floor space in the properties. Two floors – Levels 6 and 7 – offer connectivity between both buildings with 732sq m of space available in Level 8 at 124 Halsey Street.
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Floor plate options across the two buildings, which are being targeted for a 6 Green Star rating, start from 732sq m to 1,961sq m with a total of 4,654sq m available.
Beca has secured the naming rights for 124 Halsey Street as part of their lease deal that was brokered by Colliers and there is also an opportunity for a future occupier to acquire the naming rights for 117 Pakenham Street.
Wynyard Quayside is the final stage of Precinct Properties’ development of the Wynyard Quarter Innovation Precinct. Designed by leading architecture firm Warren and Mahoney, the buildings have been configured to maximise their proximity to the harbour and outlook towards the city.
With outstanding end of trip facilities, ample car parking and high levels of accessibility and functionality, Wynyard Quayside will provide the new occupants with a future-focused office environment that will be appealing for team members.
Colliers Brokers Paul Dyson, Sam Gallaugher, and Lucy Mackenzie have been appointed with a master agency to lease the buildings.
The buildings will be designed in a campus-style environment with easy access to the surrounding lanes, cafes, hospitality offerings, and a range of other amenities.
Dyson, Director of Office Leasing at Colliers, says the remaining floors offer exceptional views of the harbour and the rest of Auckland’s CBD.
“These properties will provide highly desirable workspaces for the future tenants and offers the opportunity to be part of one of Auckland’s most in-demand office hubs,” Dyson says.
“Recent research from Colliers notes the prime grade vacancy rate across the Britomart, Viaduct Harbour, Wynyard Quarter, and Victoria Quarter precincts is just 1.7 per cent.”
Gallaugher, Director of Office Leasing at Colliers, says the remaining space in these buildings would be well-suited to a business that embraces forward thinking in their outlook.
“Organisations who are innovators and trendsetters in their field would be ideal future occupiers for this site to help create a microclimate of high-performing entities.”
Mackenzie, Office Leasing Broker at Colliers, says the flight to quality trend is influencing decision-making among business leaders to seek top-quality office space to provide collaborative and attractive environments for their people.
“This trend has been apparent for some time but has gained further traction recently as businesses and government departments have looked to secure premises which meet the rapidly evolving operational and regulatory requirements of modern-day offices. ESG requirements are more easily achieved within prime quality premises.”
The Wynyard Quarter Innovation Precinct is home to internationally renowned names, including Google, IBM, Microsoft, Warren and Mahoney, and ASB, among others.
Scott Pritchard, Precinct CEO, says a business like Beca embodies what the Wynyard Quarter Innovation Precinct represents.
“They are leaders in their industry with a strong focus on innovation and sustainability and we are delighted to have them relocate to Wynyard Quarter, and to the Precinct portfolio.”
- Article supplied by Colliers
