WeWork lease further 11,000 square metres of Sydney CBD office space

WeWork lease further 11,000 square metres of Sydney CBD office space
WeWork lease further 11,000 square metres of Sydney CBD office space

WeWork is set to further expand its Sydney holdings after securing 11,000 sqm of space in a 12 year leasing deal.

The tenancy negotiated by JLL and Knight Frank marks WeWork’s first lease with building owner ARA Australia.  

JLL’s Justin Hayes, Director, Office Leasing – NSW, and Alex Wong, Director, Office Leasing – NSW, managed the deal on behalf of ARA Australia. 

Rohan Neville, Head of Asset Management at ARA Australia, said, “320 Pitt Street provides a unique accommodation solution for WeWork with a dedicated ground-floor entry and exclusive use of the low rise of the building.

WeWork lease further 11,000 square metres of Sydney CBD office space

The 32-storey A-grade building has a net lettable area of 29,000 sqm.

Major upgrade works are underway and include an expanded new lobby and end-of-trip facilities. 

Tina Raftopoulos, Director, Office Leasing at Knight Frank, said: "The floor plates at 320 Pitt Street have natural light on all four sides and the column-free, efficient space enhances the options for vertical connectivity throughout the 320 Pitt Street WeWork facility.”

The building is close to Museum station, the new light rail route along George Street and the future Pitt Street Station on the Sydney Metro rail network. 

Tags: 
Sydney Office

Comments

Be the first one to comment on this article
What would you like to say about this project?