Architectural firm secure Sydney CBD lease through Savills

Greenbox, an architectural firm has signed a five-year lease at Bligh Chambers.

Savills Australia’s Liz Braithwaite and Chris Rowe negotiated the lease for the 300 sqm space at $1,230 per sqm.

They did so on behalf of commercial real estate agency, Kingsmede, saying the new tenant “leapt” at the opportunity to occupy the 25 Bligh Street, Sydney space.

Bligh Chambers is a 31 level office tower with other suites ranging from 72 sqm to 612 sqm.

“Good quality existing fitted suites are leasing rapidly in comparison to open-plan refurbished spaces,” Ms Braithwaite noted.

This deal was made on the back of an upcoming lease expiry and Ms Braithwaite said that this space is in high demand.

“This is the third leasing transaction within this building that we have completed in the past six months, proving continuous demand for sub 300 sqm fitted opportunities in the ‘B’ grade market,” she concluded.

Architects Greenbox have 25th floor space.

Around a decade ago the architectural firm peckvonhartel, who have had 20th floor space, were appointed to redesign the forecourt of 25 Bligh Street, the modernist commercial building.