Boeing Defence Australia commits to 123 Albert Street, Brisbane

Dexus as secured a pre-commitment from Boeing Defence Australia across approximately 12,000 square metres at 123 Albert Street, Brisbane which is undergoing a circa $200 million upgrade.

Boeingโ€™s pre-commitment will see them occupy 9 levels of the low and mid-rise floors from July 2024, representing a 31% pre-commitment of the available office space. There is strong interest from high quality organisations in the remaining high-rise space.

123 Albert Street is a revitalised business hub located within a 24/7 precinct at the centre of Brisbaneโ€™s CBD, with access to modern retail and lifestyle amenity and the Albert Street Cross River Rail station currently under construction. The building has a focus on wellness, with high quality end-of-trip facilities and services, smart building technology, and 6-Star Green Star As Built and 5.5 star Energy ratings.

Boeingโ€™s commitment follows the agreement secured with Deloitte and MinterEllison to move to the Waterfront Brisbane development.

Kevin George, Executive General Manager, Office at Dexusย said: โ€œThis asset will benefit from continued investment in the precinct as a result of improved transport infrastructure. ESG was front and centre to our re-positioning strategy and weโ€™re confident of securing more quality, like minded customers to join Boeing in the coming months.โ€

Matthew Miller, General Manager, Queensland and Project Leasing at Dexusย said: โ€œBoeingโ€™s pre-commitment is further demonstration of organisations engaging around the quality of their future workplace which is driving a flight to quality in the Brisbane market. We look forward to working with Boeing to deliver their next generation workplace at 123 Albert Street.โ€

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