Investa secure Mills Oakley Lawyers at Barrack Place

Investa Office Fund has secured Mills Oakley Lawyers as tenants at Barrack Place.

The firm will take 5,673sqm at 151 Clarence Street, Sydney across levels 7 to 12.

It is for an 11 year term commencing 1 January 2019.

Mills Oakley is a top 10 national law firm with offices in Melbourne, Sydney, Brisbane, Canberra and Perth.

The AFL to Mills Oakley represents 26% of the building’s Net Lettable Area on completion.

The pre-commitment at Barrack Place now stands at 83% of total NLA with a weighted average lease term of 9.8 years.

Mills Oakley will join multinational professional services firm ARUP (35% of NLA) and leading biopharmaceutical company Pfizer (21% of NLA) in this prime grade building.

Penny Ransom, IOF Fund Manager said securing a third major tenant, the calibre of Mills Oakley, was an "outstanding outcome" for the fund 

Practical completion remains on target for October this year.