NGA Human Resources sign six year lease in Sydney CBD

NGA Human Resources, formerly known as NorthgateArinso, has signed a lease for 829 square metres of office space at 50 Carrington Street from listed property group DEXUS.

The six year lease, commencing on February 2014, is expected to generate a net rent of $580,300 per annum or $700 per square metre) gross.

The lease was negotiated by Ben Kardachi and Tom Mott from Jones Lang LaSalle, acting for DEXUS, and Rob Johnston of Cushman & Wakefield acting for the tenant.

The property underwent an extensive refurbishment to include the lobby, lifts, and additional facilities, including male and female amenities, shower, new window glazing (allowing 35% more natural light), polished concrete floors and an exposed ceiling, said the CBRE agents.

news@propertyobserver.com.au

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