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.
Boeing’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 Brisbane’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.
Boeing’s commitment follows the agreement secured with Deloitte and MinterEllison to move to the Waterfront Brisbane development.
Kevin George, Executive General Manager, Office at Dexus said: “This 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 we’re confident of securing more quality, like minded customers to join Boeing in the coming months.”
Matthew Miller, General Manager, Queensland and Project Leasing at Dexus said: “Boeing’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.”