Love Your Workspace Auckland Issue #13

2023 Office Space For Lease

QBE Centre

The Complete Solution

125

QUEEN STREET, AUCKLAND CBD

This landmark building, located in Auckland’s CBD, underwent a complete refurbishment in 2018 delivering A-Grade quality accommodation across the entire asset. The historic landmark façade in the heart of Auckland’s CBD has been transformed into a modern tower including a unique LED screen wrapping around the podium level.

The landlord has created stunning new fully furnished tenancies with all the features to support new ways of working. Work spaces can be built to suit your specific needs.

www.cbre.co.nz/0407536Q4

Please contact your agent for more information

Matt Hockey

021 897 465

matt.hockey@cbre.co.nz

Campbell Pritchard

021 870 614

campbell.pritchard@cbre.co.nz

ANZ Centre

Premium High-Quality Tower

23-29 ALBERT STREET, AUCKLAND CBD

The ANZ Centre enjoys a central CBD location. Great amenities include end-of-trip facilities, expansive lobby and café, ample car parking and easy access to all motorways — providing the perfect base for your business needs.

There is still space to be had in this leading premium commercial building. Contiguous lower level spaces are available along with a premium suite on the top floor.

The ANZ Centre will have an option to suit any business requiring a premium grade office experience.

*Interconnecting

www.cbre.co.nz/0400508Q2

Please contact your agent for more information

Campbell Pritchard

021 870 614

campbell.pritchard@cbre.co.nz

Stefan Winstanley

021 709 272

stefan.winstanley@cbre.co.nz

As exclusive agents, CBRE is proud to offer the last remaining suite within the Shortland and Fort Tower, 88 Shortland Street. Occupying a prominent position overlooking the Waitematā Harbour, the fully refurbished Premium Grade office tower now provides occupiers with a direct connection to Britomart and Commercial Bay along with Premium building services and Amenity.

An award winning, brand new Fort Street entry puts the building on the doorstep of Britomart (150m from the nearest train station entrance) and the beautiful new Shortland Street lobby and exclusive business centre positions this as the best value fitted tenancy in the market The multi-million dollar refurbishment also includes upgraded main lobby (including an outdoor deck), new Fort Street lobby with licensed café operator, upgraded exclusive tenant only business centre and gym and new end-of-trip facilities.

Suite 15.D - The last of the Shortland & Fort Suites is available to be snapped up offering 383sqm of premium fitted space to suit up to 38 work points including a bespoke kitchen and two meeting rooms. Exceptional cool finishes with exposed services, polished floors designed to get your staff back into the CBD into an office which is more than worth the commute.

Shortland at a Steal

Need cheap project space?

Positioned on the top floor of 34 Shortland Street, lies an excellent opportunity to secure this fitted-out sub-lease space to house up to 80 staff at a considerable discount to the full lease rental. Featuring a tidy internal fitout, with city-scape and harbour views, this provides a perfect base for a short term requirement or project space.

Available until 31st May 2025 with the ability to then stay on as a direct tenant of the landlord under a new lease. Alternatively, there is the option to start a new long term lease from directly with the landlord and due to the circumstances, receive a large cash compensation incentive for taking over the premises.

Located in the heart of the CBD, this well-presented building offers on-site café and excellent access to public transport with dual entrances to both Shortland and Fort Street. Simply move your furniture and data in and get going!

Please contact the Exclusive Agents for more information

chad.crenfeldt-smith@cbre.co.nz

LEVEL 17, 34 SHORTLAND STREET, AUCKLAND CBD

Options on Offer for Everyone

The Citigroup Centre is sited in a vibrant CBD location on the corner of Customs and Commerce Streets minutes from public transport hubs. Currently available are architecturally designed suites with abundant natural light. The recent high quality refurbishments, as well as full end-of-trip facilities makes this is an attractive work place for staff and an exceptional home for your business.

Please contact your agent for more information

Chad Crenfeldt-Smith 021 055 3830

chad.crenfeldt-smith@cbre.co.nz

Stefan Winstanley 021 709 272

stefan.winstanley@cbre.co.nz

Alive and Well: The compelling insights of New Zealand’s global lead in hybrid working

By Kirstin Cooper Senior Workplace Consultant, CBRE

Hybrid working is being more widely adopted by New Zealand organisations than in the United States or Asia. This is just one of the findings that have emerged from CBRE’s recently published survey of New Zealand office occupiers, Hybrid Working In The New Zealand Workplace.

The detailed and quantitative survey data of purely New Zealand companies provides insights from 66 corporate real estate executives whose organisations represent 13 sectors and occupy 221,000sqm of office space across Auckland, Wellington and Christchurch. It has delivered many insights showing that the office is not an endangered species, but over recent years New Zealand businesses have defied global trends and embarked on their own unique path.

The contrast of the New Zealand experience with the United States and Asia is notable. Among New Zealand office occupiers, 94% of organisations support hybrid working and 65% have adopted a balanced hybrid model that is office-based, with a regular remote element. By contrast, 22% of occupiers in the United States are working to a predominantly remote model and a more balanced hybrid model only applies to a third of office occupiers.

Across Asia, the balanced hybrid approach is even less prevalent, with predominantly office-based employment modes being adopted by two-thirds of occupiers according to CBRE’s 2023 APAC occupier survey.

Office attendance varies widely based on industry, organisational size, and where decision-making sits.

Average office attendance is 3.2 days a week, although this varies widely. Industry differences are marked, with attendance ranging from 2.5 days a week for the public sector to 3.9 days a week for the legal sector. Smaller occupiers are also more likely to be predominantly office-based compared to large occupiers. We learned that who makes the decision on office attendance also has an influence on time spent in the office. In organisations where individual employees are the primary determinants of when they go to the office, average attendance is 2.9 days a week, although there was a widespread of responses around this average. In private sector organisations where senior leadership/HR are the main decision-makers, attendance is higher at 3.4 days per week.

Decisions on the nature and extent of hybrid working are typically made at the middle management/individual team level in nearly half of organisations, with typical weekly attendance in this organisational model averaging 3.1 days per week. Individual employees determine office attendance in only 11% of organisations.

Attendance and Adopted Workplace Models

Senior leadership influence on decisions around hybrid working practices is expected to increase, leading to more time spent in the office.

The influence of senior leadership on hybrid working and office attendance is expected to increase in the next few years. The net result will likely be a reduction in remote working, with 21% of organisations looking to decrease the extent of hybrid working during the next two to three years, compared to 2% expecting to increase it.

This does not mean that the prevalence of hybrid working practices will fundamentally change. Nearly two-thirds of respondents think that current hybrid practices won’t, or are unlikely to, change. This indicates that we will likely see current practices being refined at the margins rather than a wholesale change back to a full-time office-based workforce.

A move to greater presence in the office reflects leadership concern about hybrid working’s cost/benefit trade-offs, and the optimal balance of office vs remote work.

It is noteworthy that although hybrid working is considered to have had a positive impact on organisational culture, with 73% of respondents believing that the experience has been at least “somewhat positive” or better, the top challenge arising from hybrid working is keeping and building a strong culture when people are in the office less.

This indicates that significant effort is required to build a strong organisational culture in hybrid workplaces. However, the results also point to concerns that lower levels of face-to-face contact may have adverse longer-term consequences.

52% of NZ organisations have changed their workplace design as a result of new ways of working.

Nearly 90% of survey respondents have reduced, or are looking to reduce desk/ workstation numbers and space allocated to traditional generic meeting rooms is also on the decline. Offsetting these changes there is increased focus on providing more communal and collaborative spaces alongside more private quiet spaces and focus rooms.

Occupiers are relocating to better quality office space to respond to the increasing importance of building amenities, and primarily public transport. 83% of respondents have indicated that being close to public transport is the most important building/ location-level amenity for their organisations.

Kirstin Cooper, Senior Workplace Consultant, New Zealand, says that the survey is answering questions she hears most often from occupiers: ‘What is everyone else doing?’.

“The survey has validated many things we were hearing anecdotally, but has also offered some surprising insights into what is actually happening and where the future of work is heading. Keeping and building a strong company culture is emerging as the greatest challenge, and we are having conversations with organisations about what that means to them in an evolving hybrid era. What is clear is that the onus is now on employers to provide high quality workplaces and amenities: the better the work environment, the more likely people are to work from there.

“Defining a hybrid working strategy is crucial to getting this right. We recommend occupiers take the time to understand how their people work, how they use their space, and what workplace elements are most important, so they can make well-informed real estate decisions and create dynamic and engaging work environments that really ‘earn the commute’.”

Zoltan Moricz, Executive Director Research for CBRE New Zealand, says: “This survey provides a valuable counter argument to the ‘office is dead’ mantra that is so often rolled out. The office is not an endangered species, and we are watching carefully the influence of senior leadership on hybrid working and office attendance, which is expected to increase in the next few years, leading to more time spent in the office.”

On average, how many days per week do employees work from the office?

The office is not an endangered species, and we are watching carefully the influence of senior leadership on hybrid working and office attendance, which is expected to increase in the next few years, leading to more time spent in the office.

Zoltan Moricz Executve Director, New Zealand Research | CBRE

New ways of working...

The perfect workplace.

With a range of solutions available that cater to businesses big and small, CBRE’s Workplace services team delivers an essential service when you are considering your future workplace requirements. We provide the strategies and the tools you need to align your workplace to the way you work and your business objectives.

Contact us today to redefine the way your business works, with a workplace environment that meets the needs of your people, your clients, and your business strategy.

cbre.co.nz/workplace-solutions

Kirstin Cooper

Senior

Workplace

+64 21 283 1303

Consultant, New Zealand

kirstin.cooper@cbre.co.nz

A home for your business

Generator provides everything you need to make a home for your business.

We offer flexible, fully serviced workspaces designed for modern ways of working.

You’ll be looked after by a team of business and hospitality professionals who’ll make sure you have everything

For more information, contact:

Campbell Pritchard 021 870 614 | campbell.pritchard@cbre.co.nz

you need to power productivity and keep your people happy at work, from tea and snacks to IT support to bespoke networking events.

And you’ll join a readymade business community that brings opportunities and inspiration your way.

It’s all taken care of at Generator.

MADDEN OFFICE 3.14

12 Madden Street, Wynyard Quarter

Located in the heart of Wynyard Quarter, this is a light, bright office with breakout space and amenity right outside your door.

• 18 Workstations

• No CapEx and flexible term

Matt Hockey 021 897 465 | matt.hockey@cbre.co.nz

• All the perks of a Generator Membership

66 Wyndham Street

Striking Presence on Wyndham

66 WYNDHAM STREET, AUCKLAND CBD

66 Wyndham Street is a recently refurbished A-Grade office building that provides a striking presence along Wyndham Street. The refurbishment has seen an upgrade of the ground floor lobby, end-of-trip facilities, as well as various mechanical and seismic upgrades.

The building also features an on-site concierge, well-appointed gym, Mojo Coffee, as well as secure underground parking.

A unique opportunity exists to secure signage and naming rights for this prominent tower.

AVAILABLE FOR LEASE

www.cbre.co.nz/1006021Q4

Please contact your agent for more information

Matt Hockey

021 897 465

matt.hockey@cbre.co.nz

Campbell Pritchard 021 870 614

campbell.pritchard@cbre.co.nz

Vero Centre

Perfectly Located Office Space

48 SHORTLAND STREET, AUCKLAND CBD

Take advantage of the rare opportunity to become a part of the Vero Centre community — which occupies a pivotal position on Auckland’s most prestigious legal and financial street. The building has stood the test of time and is a triumph of design and function with an international quality hotel style main lobby complete with meeting spaces for guests and tenants, concierge service and first class hospitality provided by the Pavilion restaurant, café and catering. A refreshed corporate gym, wellness centre and modern end-of-trip facilities are right at your fingertips.

The large 1,200sqm floorplates have been carefully designed to provide high spatial efficiency. The central core and column-free design can accommodate a variety of fitout styles and work practices. Full turnkey fitout solutions can be provided.

*Linked by interconnecting staircase

www.cbre.co.nz/1907619Q1

Please contact your agent for more information

Stefan Winstanley

021 709 272

stefan.winstanley@cbre.co.nz

Campbell Pritchard

021 870 614

campbell.pritchard@cbre.co.nz

Quality and Value

High-Profile CBD Opportunity

205 QUEEN STREET, AUCKLAND CBD

205 Queen Street provides high-performing, newly fitted out workspaces that cater for business growth and all size requirements. Column-free floorplates enable you to maximise the workable space allowing occupancy of an entire floor, without paying a premium for privacy.

The contiguous full floors available on the top levels provide exceptional space for larger tenants, whilst for smaller businesses, the floors can naturally split and create a range of options with the ability to move within the building as your company grows.

The building has outstanding services which include brand new end-of-trip facilities and a new business lounge in the mezzanine area with bookable meeting rooms for occupiers use. In addition, a programme of furnished spec suites and on-floor lobby upgrades are being rolled out.

www.cbre.co.nz/1012869Q3

Please contact your agent for more information

Campbell Pritchard

021 870 614

campbell.pritchard@cbre.co.nz

Matt Hockey 021 897 465

matt.hockey@cbre.co.nz

EVERYTHING YOU NEED IS RIGHT HERE

PRIME OFFICE LOCATION IN HEART OF CBD UPGRADED TO 100% NBS

There is so much on o er at this prime location, with quality upgrades to key facilities as well as a comprehensive refurbishment programme providing modern high-quality amenities.

The building was recently upgraded to 100% NBS. A lift upgrade as well as the completion of end-of-trip facilities will be nished in Q4 of this year and a main lobby upgrade early 2024.

Also in the pipeline are HVAC upgrades targeting a 4 Star NABERSNZ. The property is ideally located to public transport alternatives with the advantage of dual entrances to both Shortland and Fort Street. It also has the bene t of on-site car parking and a café.

This is an attractive proposition to a wide variety of tenants with office options ranging from part floors to full floors of 812sqm, as well as three new high quality turnkey office suites on level 8.

Premium quality midtown offices by Alberts

Alberts presents the Formery - a modern workplace located right next to the new Te Wai Horotiu Station and the Sky Tower.

The Formery blends urban materiality with a flowing Coco Republic design that engages your senses, inspires your team and impresses your clients.

The Formery provides the same community, engagement and tenant experience as the iconic 1 Albert Street, but on significantly more attractive terms. The same smiling concierge, meeting areas and improved technology in a curated workspace all with access to a new Alberts Members Club.

What Formery offers

Formery East

• Located right next to Te Wai Horotiu Station (Aotea)

• Traditional and Bespoke spaces available of various sizes

• Four contiguous floors available to suit large scale tenants

Formery West

• A short walk to Sky City and the International Convention Centre

• Traditional and Private Suites of various sizes available of up to 30 workstations

• On-site cafe

2 COMMERCE STREET

BRITOMART WATERFRONT

 Naming and signage rights available

 Rare waterfront o ces in the heart of Britomart

 Private, full oor (Level 5) opportunity to create bespoke tout

 At the heart of all public transport facilities, hospitality and retail

 On-site amenity - “& Sushi”

Chad Crenfeldt-Smith

021 055 3830

chad.crenfeldt-smith@cbre.co.nz

Stefan Winstanley

021 709 272

stefan.winstanley@cbre.co.nz

www.cbre.co.nz/1354289Q1

SPACE AVAILABLE

Level 5 510sqm NOW

Part Level 4 322sqm NOW

 Modern asset in excellent location

 Excellent range of amenity nearby including Commercial Bay, the Viaduct and Queen Street

 High car park ratio and great motorway access

 A short walk to Ferry terminal and Britomart transport hub with numerous bus stops nearby

 On-site amenity - The Daily Bread

 Westerly outlook over the Viaduct to the Harbour Bridge

Chad Crenfeldt-Smith

021 055 3830

chad.crenfeldt-smith@cbre.co.nz

Stefan Winstanley 021 709 272

stefan.winstanley@cbre.co.nz

www.cbre.co.nz/AKL100531

* Plus deck

Private Offices

at Commercial Bay

Our Private Offices at One Queen Street comprise seven highquality turn-key offices over two levels. This office solution offers sophisticated businesses with a small office footprint the opportunity to be part of a dynamic business community in the best Auckland location.

Artist Impression

Artist Impression

Artist Impression

Wynyard Quayside is the final stage of Precinct Properties’ development of the Wynyard Quarter innovation precinct. This opportunity presents the last remaining waterfront offices in this area and in a brand new building with premium amenity for staff including ground floor retail.

Wynyard Quayside

at Wynyard Quarter

Available opportunities

Level 1–5

LEASED

Level 6 1,961 sqm Available Q2 2025

Level 7 1,961 sqm Available Q2 2025

Level 8 732 sqm Available Q2 2025

For more information, contact:

Matt Hockey

021 897 465

matt.hockey@cbre.co.nz

Campbell Pritchard

021 870 614

campbell.pritchard@cbre.co.nz

Artist Impression

Artist Impression

Artist Impression

Fresh o ce opportunities in Te Tōangaroa – Tāmaki’s new emerging precinct

Over recent years, a flight to quality has influenced many businesses to relocate their office premises to somewhere with greater benefits for their staff. Research shows clearly that businesses are looking for somewhere that is easier to get to, closer to our cycle paths and major public transport hubs — somewhere that provides bathrooms, lockers, towels and everything you might need to get ready for your day.

Somewhere that provides an elevated experience as you arrive in your building and is close to the action in terms of shops, coffee, eateries and restaurants. Ultimately, if people are working in a place they enjoy coming to and feel connected to, they will be inspired to be more productive and successful.

Although spaces that offer all these things are often snapped up fast, for many businesses these kinds of city centre spaces are just not accessible due to affordability or other considerations like requirements for parking or wanting easy access to the suburbs.

But that is about to change. Over recent years, we have seen Tāmaki Makaurau’s city centre waterfront develop and improve extensively with offices, hotels, buildings, restaurants and new public spaces. Now, one block over from Britomart, Te Tōangaroa is set to become the city’s next exciting new precinct, as was heralded on Monday 14th August with the announcement made by Precinct Properties that it has formed a Joint Venture with the tangata whenua of central Tāmaki Makaurau, Ngāti Whātua Ōrākei, to invest in the regeneration of the Te Tōangaroa precinct.

Te Tōangaroa currently provides a mix of office, hotel, and residential accommodation as well as Spark Arena. Two existing commercial buildings situated at 8 Tangihua Street and 30 Mahuhu Crescent, totaling 22,000 square metres, are core office buildings in the precinct.

Opening up the eastern CBD for occupiers

Te Tōangaroa, formerly known by some as Quay Park is the first urban tangata whenua precinct in Tāmaki, owned by Ngāti Whātua Ōrākei and comprising about 20 hectares of land.

Te Tōangaroa is nestled on the eastern end of the city centre and adjacent to the land currently occupied by the Ports of Auckland.

It is unique in that it’s home to two large green parks, Māhuhu ki te Rangi Reserve and Te Taou reserve in addition to Spark Arena which is Auckland’s largest indoor events venue. This draws crowds to the area on weekends and in the evenings, bringing vibrancy and culture to the precinct.

The location is convenient to the motorways, eastern suburbs and is a short walk to Britomart Train Station and Downtown Ferry Terminal. This is particularly attractive to occupiers at a time when Auckland’s commercial hub has rapidly moved towards the waterfront after the regeneration of Precinct’s Commercial Bay and Wynyard Quarter developments, as well as Britomart and Viaduct Harbour.

Occupiers also benefit from the close proximity to Countdown supermarket, Les Mills gym, and local cafés, bars and eateries.

A key priority will be the re-leasing at 30 Mahuhu Crescent, which will be become vacant in mid-2024.

Te Tōangaroa is an important part of the city. Not only does it enhance the eastwest connection along the waterfront, but its proximity to strong transport links makes it a popular location for office occupiers.

A new commercial partnership

Precinct Properties and Ngāti Whātua Ōrākei have enjoyed a long-standing partnership for many years. Precinct has benefitted from consultation and collaboration on many aspects of its business, for example concept, design and naming in relation to developments.

As ahi kā of central Auckland, Ngāti Whātua Ōrākei provides a binding link between the history and future of our city. Their approximately 7,000 registered hapū members can all trace their ancestry back to Tuperiri whose leadership and occupation in Tāmaki Makaurau began in the 17th Century. This legacy is what has enabled Ngāti Whātua’s strong and everlasting connection to their whenua and each other.

Ngāti Whātua Ōrākei is actively developing this eastern gateway to the city centre into a high-density mixeduse medical, commercial, residential and retail precinct. Paramount to the regeneration of this area is reinstating the original name given to this land, which is Te Tōangaroa – a reference to dragging of waka inland and out to sea through the mud flats at low tide when the harbour waters had receded.

As custodians for Tāmaki, this is an extremely valuable relationship for Precinct, which is why the listed property company has established this commercial partnership in joint venture with Ngāti Whātua Ōrākei.

Scott Pritchard says that as the Auckland city centre recovers from the upheaval of the last few years and returns to growth, Precinct is excited to be working in partnership to enhance this part of central Auckland. “Alongside our partners we are committed to cultivating cities that people can be proud of, and Te Tōangaroa is an important part of the city. Not only does it enhance the east-west connection along the waterfront, but its proximity to strong transport links makes it a popular location for office occupiers.

“The partnership will accelerate enhancements to the Te Tōangaroa precinct, investing in the regeneration of the area.

Alongside our partners we are committed to cultivating cities that people can be proud of, and Te Tōangaroa is an important part of the city.

Strong demand from office occupiers for late 2024 onwards

Stefan Winstanley, a Director within CBRE’s Office Leasing team, says that 30 Mahuhu Crescent offers a unique floor plate size of 1,680sqm, and there are numerous occupiers who would benefit from being able to have all their staff on the one floor or indeed spread over multiple floors with interconnecting stair/atrium access.

“Occupier demand over the past 12 months has been higher than usual, with a number of large tenants (1,000+ sqm) transacting on new space. This demand has primarily been in premium and well located, quality A-Grade space. Government departments and large corporates looking for large efficient floor at a more competitive price than comparable space in the CBD and Wynyard Quarter are where demand is focused, which is where 30 Mahuhu fits in.”

the proven JV Partners will mean first movers here will get a great deal as investment in the location flows in.”

The reasonable price point means it will be attractive to tenants who have predominantly been located outside of the CBD.

5 levels and 3 basement levels

Lobby café

End of trip (showers, towel service, lockers, ironing, hair dryers and straighteners)

Secure cycle storage Harbour views

Adjacent to Mahuhu ki te Rangi Park

30 Mahuhu Crescent comprises five levels of modern office space and three basement levels of car parking. The building offers large efficient floor plates with the opportunity to occupy consecutive levels.

It benefits from a high-profile location with exposure to three street frontages including Quay Street, being one of the major arterial roads from the eastern suburbs to the city centre.

Occupants will love the spacious green parks right on the front door and easy access to Tamaki Drive.

30 MAHUHU CRESCENT

7 Levels + 2 basement levels

End of trip (showers, towel service, lockers, ironing, hair dryers and straighteners)

Lobby Café

Childcare facilities on-site

Harbour views

Secure cycle storage

8 Tangihua Street provides a modern office campus with a 4 Green Star built rating, having recently received a $4m refurbishment.

Located on the fringe of Britomart, access to the train station, ferry and bus routes is easy.

This building offers large campus-style floor plates of 2,053sqm with modern amenities like its lobby and end of trip facilities. Large windows and access to balconies on-floor provide good natural light and fresh air on all sides.

AVAILABLE OPPORTUNITIES

L5 1,192m2 Available Now

L2 2,049m2 Available Now

L1 927m2 Available Now

GF 445m2 Available Now

GF 250m2 Available Now

The first urban tangata whenua precinct in Tāmaki.

For more information, contact: Campbell Pritchard 021 870 614 campbell.pritchard@cbre.co.nz

Stefan Winstanley 021 709 272 stefan.winstanley@cbre.co.nz

Ease of Access and Connectivity

7-9 FANSHAWE STREET, VIADUCT HARBOUR

Situated on Auckland’s waterfront in the premier Viaduct precinct, 7-9 Fanshawe Street o ers stunning modern corporate o ce accommodation for the discerning occupier.

This central city precinct is highly sought after for its ease of access and connectivity to the CBD core with Britomart Train Station and Commercial Bay within a 10 minute walk.

The available tenancies are suitable for small to medium businesses with options ranging from 123sqm up to whole oor tenancies of 687sqm. All oors have great natural light throughout and either Viaduct or city views with corner balconies featuring on most oors. There are existing touts in place that can be utilised, altered to suit your needs or removed to allow for your own bespoke design.

IN THE HEART OF NEWMARKET

25 TEED STREET, NEWMARKET

25 Teed Street is a modern, high quality building right in the heart of Newmarket.

Usually fully occupied and tightly held, an opportunity now exists for 290sqm of fully t space on level 5. Situated on the north-eastern corner of the top oor, this tenancy is ooded with natural light and enjoys panoramic views of the surrounding area.

The building has a wealth of amenity to cater for your sta needs with end-of-trip facilities and bike storage available in the secure basement and a popular on-site café. Ample on-site car parking is available plus additional storage units if required.

A short walk to the Newmarket train station, close to motorway interchanges and on the doorstep of the West eld Mall, 25 Teed Street’s location is unparalleled in Newmarket.

KEY FEATURES

> Top oor tenancy

> Existing tout in place

> On-site café and end-of-trip facilities

> Central Newmarket location

Modern, Vibrant Office

Energy Efficient in Newmarket

105

CARLTON GORE ROAD, NEWMARKET

105 Carlton Gore Road is a five level building providing high quality office accommodation, together with two levels of basement car parking.

Targeting 6 Green Star Office Built and 5 Star NABERSNZ ratings, the completed building will deliver a modern, vibrant office space with intelligent LED lighting, a new air-conditioning system and new end-of-trip facilities providing bike parks and changing rooms.

Only one floor left so take advantage of 105 Carlton Gore Road’s position in an established Newmarket precinct with excellent transport links and surrounding amenities.

www.cbre.co.nz/3751081Q3

Please contact your agent for more information

Omri Yahel 021 791 165

omri.yahel@cbre.co.nz

Nick Theyers 021 265 4667

nick.theyers@cbre.co.nz

AVAILABLE:

Situated in the commercial precinct at the bottom of College Hill, this standalone option is ideal for a medium sized business seeking quality o ce and warehousing space in a premium location.

O ce and warehouse combinations in the city fringe are becoming extremely hard to nd. Ready for immediate occupation, this standalone HQ features tted o ce space with mezzanine and a high stud warehouse with roller door access into a loading dock.

The location bene ts from a wealth of amenity with Ponsonby and Victoria Quarter on your doorstep whilst remaining easily accessible for your sta and clients.

KEY FEATURES

> Standalone o ering

> Existing o ce tout in place

> Roller door access

> Secure basement car parks

> Naming and signage rights

> Outdoor terrace

AREA

O ce & Warehouse: 690sqm, Deck: 10sqm, 11 car parks

60 Khyber Pass

Modern Industrial Plug and Play

60 KHYBER PASS ROAD, NEWMARKET

This stunning full floor tenancy has been newly refurbished and ready for immediate occupation. A recent wider building refurbishment also included a new lobby, lifts, services and the establishment of a premium End-of-Trip facilities with secure cycle parking.

Purposefully designed to foster collaboration and productivity, the space accommodates 94 work stations with 4 meeting rooms, multiple collaboration areas and a wellness room. The central open plan kitchen is the multifunctional ‘hub’ for your staff catering for townhall meetings and client events.

Easy access to all main motorway arterial routes and adjacent to the western train line with Grafton Road train station within a 7 minute walk. This location will continue to evolve in the coming years with the completion of the CRL and the reopening of the Mt Eden train station.

AVAILABLE FOR LEASE

LEVEL AREA

4 833sqm + 75sqm Balcony

www.cbre.co.nz/AKL100736

Please contact your agent for more information

Nick Theyers

nick.theyers@cbre.com

021 265 4667

Omri Yahel

omri.yahel@cbre.com

021 791 165

Augustus Parnell

A New Modern Heritage

6 AUGUSTUS TERRACE, PARNELL

Imagine the ease of a workday in this light-filled, architecturally-designed space. A distinctive new landmark in Auckland’s Parnell, Augustus is an address you’ll be proud to call your own.

This stunning building will consist of multi-level retail, car parking and office space. Drawing on the rich merchant history of Parnell, We’re proud to create a modern heritage space for the forward-thinking enterprise.

Augustus is an undeniably stylish environment your team will love being a part of. And with its on-site parking and vibrant hospitality scene, it’s a destination your clients will look forward to visiting.

AVAILABLE FOR LEASE

LEVEL AREA

8 1,067sqm office + 97sqm deck

7 1,176sqm office + 54sqm deck

6 1,680sqm office

5 1,665sqm office + 88sqm deck

www.cbre.co.nz/AKL100308

Please contact your agent for more information

Nick Theyers

nick.theyers@cbre.co.nz

021 265 4667

Omri Yahel

omri.yahel@cbre.co.nz 021 791 165

No.1 The Strand

Let Your Business Thrive

NO.1 THE STRAND, TAKAPUNA

Fully refurbished to the highest grade, No.1 The Strand stands apart from the market as Takapuna’s premium office location.

Available now and modernised with a remodelled lobby, complete services upgrade, on-site café, as well as end-of-trip facilities, the building is a vibrant and exciting home for Takapuna’s thriving business community.

This is your last chance to secure the final vacancies in this enviable asset.

AVAILABLE NOW

LEVEL AREA

2 1,100sqm (with splits from 500sqm)

1 2,600sqm (with splits from 362sqm)

Ground 620sqm

www.cbre.co.nz/2043379Q4

Please contact your agent for more information

Omri Yahel

021 791 165

omri.yahel@cbre.co.nz

Campbell Pritchard

021 870 614

campbell.pritchard@cbre.co.nz

Unparalleled Business Environment

AON HOUSE, 72 TAHAROTO ROAD, SMALES FARM, TAKAPUNA

Four options are available in this modern, light filled, spacious tenancy. Located on the first and second floor of Aon House, this space offers a selection of lettable options, with circa 300sqm, 400sqm, 500sqm and 800sqm available.

The building offers under cover parking, end-of-trip facilities and a 24/7 on-site gym across the road. Home to the Goodside, you’ll have Auckland’s finest boutique food and beverage artisans at your doorstep as well as a range of retailers, services, event spaces and businesses. This engaging and renowned work environment is sure to impress.

www.cbre.co.nz/1387266A3

Please contact your agent for more information

Campbell Pritchard

021 870 614

campbell.pritchard@cbre.co.nz

Omri Yahel 021 791 165

omri.yahel@cbre.co.nz

Wood means business

Multi-storey commercial buildings with wooden structures at their core are springing up all over the world. From Dundee to Dunedin, engineered timber structures are commanding interest and creating benefits not only for building owners but also for the organisations and people who occupy them.

Love Your Workspace took its plaid shirt off the hanger to explore what’s driving the rise of timber technology for owners and occupiers of forward-looking workspaces.

Twenty5King, Brisbane

Where are the timber office buildings?

Canada. Norway. Sweden. The Netherlands. Austria. The USA. Switzerland. Singapore. UK. These are just some of the many places where timber-structured offices have been announced, are emerging or already in place, alongside the many Australian cities that are also embracing wood. In Brisbane, the city’s largest urban regeneration project — the $2.9 billion King Street urban precinct led by Lendlease — is set to see 130,000sqm of office space in four commercial buildings that will be home to an anticipated 15,000 workers, customers and visitors by 2025.

Among many sustainable buildings in the precinct, CBRE is marketing the timber-structured Twenty5 King, which is drawing significant occupier interest, says Andrew Carlton, a Senior Director in the Brisbane Office, Advisory and Transactions Team.

“Twenty5 King is the largest and tallest engineered timber building in the world, setting global benchmarks for sustainability, connectivity and lifestyle — a greener, healthier way of working. Showcasing the natural benefits of prefabricated timber, with exposed timber beams and paneling, from roof to floor, it has been awarded a 6 Star Green Star Design rating.

An unprecedented level of wellness thinking has seen Twenty5 King awarded Queensland’s first platinum WELL Core and Shell Certificate. It is a place designed first and foremost for people to be at their creative best.”

Walking the sustainable talk to reduce emissions

Mark Curtain, the Brisbane-based leader of CBRE’s Advisory & Transaction Services business, says that sustainability was an instrumental factor in global engineering and advisory firm Aurecon pre-committing to occupy four floors, or almost 6,500sqm of office space, in Twenty5 King Street as anchor tenant. “Aurecon sought to create a world-class working environment when searching for new office space to relocate its 600-plus people. The timber option submitted by Lendlease has helped Aurecon to achieve this, and to reduce embodied energy use by 74% compared with a reinforced concrete building over the planned 60-year building life. This sends a clear message about Aurecon’s stand on materials and sustainability, and delivers on a shared commitment to sustainability held by the developers. Lendlease has been taking a strong position of leadership in this area, as they see the value it generates not only in terms of their own sustainability goals, but also in the quality of the occupiers they can attract.”

He adds that this approach is also spectacularly on display in Barangaroo at International House Sydney, a Lendlease project that was Australia’s first commercial office and largest commercial-scale engineered timber building to use Cross Laminated Timber and Glue Laminated Timber.

The flow of timber office projects in New Zealand will only strengthen due to the range of benefits they bring.

Nick Theyers Director Office Leasing CBRE

1 King, Australia Artist Impression

“The building has been very successful. It is fully leased, and Lendlease themselves took out the final 1 1/2 floors recently. The big draw is sustainability; the timber is a part of an overall net zero offering that most big firms are chasing. It does add a point of difference as part of a wider ESG offering, and Lendlease themselves say that a growing part of their offer is to enable occupiers to demonstrate their Corporate Social Responsibility credentials while giving their teams a truly inspirational home.”

New Zealand is playing catch-up

In Aotearoa, timber is being used increasingly in multistorey buildings, even if mainly in sectors other than office. Prime among many sizeable projects around the country, the nine-storey, 12,000sqm Auckland City Mission: Homeground opened in 2022 to wide media coverage and a Supreme Award win at the 2022 Property Council of New Zealand Awards. In the university sector, Otago Polytechnic’s 231-bedroom Te Pā Tauira student village is New Zealand’s largest completed cross-laminated timber structure, and AUT is also embracing the trend with its A1 building’s post-tensioned LVL timber structure operating as the most energy-efficient site on campus.

The office sector is also seeing projects get underway as their value to attract people into healthier, more sustainable workplace environments becomes more apparent. Among them, a $30m four-storey office, retail and hospitality building proposed by Portus has been given the go-ahead on the site of the former Excelsior Hotel on the corner of High Street and Manchester Street in Christchurch. Built from timber with a glass façade, the new building will be the base of the offices of Leighs Construction.

In Auckland, Scentre Group has submitted for consent an eight-storey commercial office and retail building with a mass timber core in Nuffield Street in Newmarket. If developed this building will be the first of its kind in the Auckland office market.

Tauranga City Council announced in March that construction is now underway on New Zealand’s largest mass timber office building, at 90 Devonport Road. Designed to house all council administration staff under one roof, the 10,000sqm building is using engineered timber in place of most traditional concrete and steel elements, with a view to reducing embodied carbon.

“This and other sustainable developments in the city centre represent council’s commitment to leadership for a low carbon, resilient future,” said the council at the same time as announcing that it had entered into a long-term lease arrangement on the project with Willis Bond, which is committed to incorporating mass timber building components as part of the company’s development toolkit.

A range of benefits flowing through into New Zealand offices

Nick Theyers, CBRE’s Auckland-based Director, Office Leasing, says the flow of timber office projects in New Zealand will only strengthen due to the range of benefits they bring. “They are often more cost-effective to build, thanks to their reduced weight compared to structural steel and thus the foundations required. As we also see much more frequently these days, landlords and occupiers are aligning to drive ESG achievement, and this is leading to structural timber being given serious consideration.

“One of the most important benefits, however, is to the people that occupy the workspaces. This is not news. Independent surveys such as Planet Ark’s Wood, Housing, Health, Humanity Report as far back as 2015 found that Australians have identified wooden interiors as offering physiological, psychological and environmental benefits. They contribute to improvements to a person’s emotional state and level of self-expression, as well as reduced blood pressure, heart rate and stress levels, at the same time as improving air quality through humidity moderation.”

Theyers adds that another factor that may lead to further interest coming the way of timber emerged when an article in CoStar, the leading US-based provider of commercial real estate information, stated that mass timber buildings may provide a benefit beyond sustainability: earthquake resistance. “The article in July this year cited an experiment at the University of California, San Diego, that indicated that high-rise timber buildings are able to resist violent shaking after tests on a ten-storey timber structure.

“So, as projects and knowledge of the possibilities of timber grow alongside initiatives to drive awareness and uptake of timber construction such as the Mid-Rise Wood Construction Partnership and the Timber Design Awards, we can expect that the popularity of timber-structured office buildings will, like a well-watered tree, only grow.”

Far Left: 1 King, Brisbane Artist Impression

Above: International House Sydney Artist Impression Left: Twenty5King, Brisbane Artist Impression

Auckland Airport

Connectivity is everything

QUAD 7, 6 LEONARD ISITT DRIVE, AIRPORT PRECINCT

Make a bold and savvy move by securing sought-after office space within New Zealand’s best connected business destination. Quad 7 at Auckland Airport’s aviation precinct is designed by award-winning architects Warren and Mahoney and serves as a hub for collaboration and innovation, fostering an atmosphere where ideas and partnerships flourish.

Your staff will enjoy cafés, retail and leisure options including a gym and the bonus of easy accessibility to priority transport routes.

Level 4 has options of up to four different tenancies and tailored to suit, whilst Level 5 can accommodate up to three different tenancies.

Surround yourself with like-minded businesses, industry leaders, and a vibrant community of professionals who understand the importance of leveraging networks. Make your connection now.

www.cbre.co.nz/AKL100578

Please contact your agent for more information

Chris Wong

021 964 924

chris.wong@cbre.co.nz

Sam Fitzgerald 021 525 110

sam.fitzgerald@cbre.co.nz

49 Main Highway

Undeniably Stylish Enviornment

49 MAIN HIGHWAY, ELLERSLIE, AUCKLAND

Your team will love being here — with on-site parking and nearby amenities, it’s a destination your clients will look forward to visiting. The property is made up of three distinct parts.

The Main Building possesses two levels of secure car parks with two floor plates of approximately 1,650sqm as well as balconies on three sides with large windows providing plenty of natural light.

The Sawtooth is a two-level building fronting Main Highway with a café and showroom on the ground floor and office space above filled with natural light.

The Annex is a three-level building with approximately 218sqm per floor and balconies on each end, the efficient layout maximizes the use of space.

www.cbre.co.nz/AKL100717

Please contact your agent for more information

Chris Wong

021 964 924

chris.wong@cbre.co.nz

Sam Fitzgerald 021 525 110

sam.fitzgerald@cbre.co.nz

Annex (Anx)

Main Building (MB)

Sawtooth (Swth)

38A Highbrook Drive

Highbrook

+ 231 sqm office, level 1

+ 9 car parks

+ Existing fitout

+ 100m from Highbrook Crossing

Available March 2024

38C Highbrook Drive

Highbrook

+ 233 sqm office, level 1

+ 10 car parks

+ Excellent profile

+ 100m from Highbrook Crossing

Available NOW

Level 1, 64 Highbrook Drive

Highbrook

+ 312 sqm office

+ 15 car parks

+ Located at Highbrook Crossing, surrounded by cafés, restaurants, a conference centre, gym, childcare and a range of professional services

Available mid 2024

Highbrook Park has over 8km of walking and running tracks. Read more at highbrook.co.nz

OFFICES FOR LEASE

Small to large spaces from 231 sqm - 3,000 sqm.

Make one of these office spaces your own. Options range from dedicated office, to a large economical space. Locations in Highbrook, Manukau and Mt Wellington.

86E Plunket Avenue

Manukau

+ 441 sqm office

+ 25 car parks

Sam Fitzgerald 021 525 110

sam.fitzgerald@cbre.co.nz

Chris Wong 021 964 924

chris.wong@cbre.co.nz

+ Existing fitout with boardroom, meeting rooms/offices and a kitchenette

+ Next to Amble + Birch café and public EV fast charger

Available November 2023

86G Plunket Avenue

Manukau

+ 274 sqm office

+ 12 car parks

+ Existing fitout with boardroom, meeting rooms/offices and a kitchenette

+ Next to Amble + Birch café and public EV fast charger

Available November 2023

Building 3, 16 Leonard Road

Mt Wellington

+ 1,000 - 3,000 sqm office

+ 90 car parks

+ Existing fitout

Available NOW

goodmanproperty.co.nz

Modern Office and Excellent Profile

Agility CIS House offers huge profile with its excellent location just next to the Ellerslie-Penrose motorway. This modern and prominent 11-storey building provides a solution to your office requirements with a refurbished base build with great natural light, generous parking and excellent views of Auckland. Public transport (bus and rail) is within easy walking distance. Levels 3 and 5 are fitted out ready to move in.

AVAILABLE FOR LEASE

www.cbre.co.nz/AKL100586

Please contact your agent for more information

Sam Fitzgerald

021 525 110 sam.fitzgerald@cbre.co.nz

Chris Wong 021 964 924 chris.wong@cbre.co.nz

56 CAWLEY STREET, ELLERSLIE

High-Profile Corner Location

Located on the corner of Great South Road and Green Lane West in the Southern Corridor, the Public Trust Building offers tenants a modern corporate space with excellent accessibility to the Greenlane motorway Interchange and public transport links within walking distance. Both levels have existing fitout and each floor can be combined to make 589sqm on level 2 and 1,415sqm on level 3, which also has naming rights.

Please contact your agent for more information AVAILABLE FOR LEASE

Sam Fitzgerald

021 525 110 sam.fitzgerald@cbre.co.nz

Chris Wong

www.cbre.co.nz/AKL100630

021 964 924 chris.wong@cbre.co.nz

205 GREAT SOUTH ROAD, GREENLANE

AREA AVAILABLE: 415 - 2,873sqm

656 GREAT SOUTH ROAD ELLERSLIE

The building's design focuses on function, e ciency and nding beauty in aged utilitarian elements. Presented as brand new, the simple clean large e cient oorplates are ready for your bespoke tenant tout. The sawtooth feature ceiling on Level 1 with new sky lights and glazing provide a fantastic sense of open space while providing generous natural light. Expansive exposed steel highlights the character and charm of the exposed brick featured throughout.

Convenient car parking is available on-site. The location is highly accessible with motorway connections nearby, as well as train and bus options plus numerous cafés within a walkable distance.

KEY FEATURES

> Signage opportunity available

> Impressive stud height achieved from having exposed services

> Dual entry from Sultan Street and Great South Road

> Quality building services and 4 star Green Star rating

Born through a successful capital partnership between Oyster Property Group and leading global investment firm Kohlberg Kravis Roberts (KKR) in 2017, the precinct occupies a prominent position in Auckland’s southern corridor.

In 2021 Oyster and KKR expanded Central Park’s offering with the launch of The Green, an awardwinning food and beverage precinct catering to over 3,000 onsite workers, as well as visitors to the park.

Formerly an underutilised car park, The Green is a vibrant, people-centric destination comprising six food and beverage outlets and an expansive outdoor area with a movie screen, barbecue space and covered seating. A worthy focal point at Central Park’s main entrance, The Green provides a home for this suite of new amenities and is easily accessible with improved wayfinding and pedestrian connectivity.

“The Green is a great spot to get away from the ‘hustle and bustle’ of the office and enjoy the sun. Having the sheltered area caters for those not so sunny days too.”

Jaine, Restaurant Brands Limited

Tenant feedback from a park-wide survey informed the aim of the development, capturing their wish to increase the level of amenity on offer to the approximately 70 tenancies at Central Park. Seventy one percent of respondents said they would like additional food and beverage offerings on site, and 48 per cent wanted more outdoor eating areas.

The resulting precinct provides for a variety of activities: events, pop-ups, food trucks or art installations for starters. It’s all-weather ready; covered seating areas feature picnic tables, leaners and beanbags.

660 Great South Road, Greenlane

The plaza has safer connectivity and is pedestrian and cycle-friendly. Traffic calming and wayfinding have been improved, and the plaza has e-bike charging and visitor parking. At night, ambient lighting illuminates the space alongside safety and security lighting and signage.

The design, which has a strong sustainability focus, builds in extensive re-use of existing structures and terrain. For example, the existing car park was strengthened but not for cars: for crowds. It was also resurfaced, now having paving, turf and decking areas, while sustainably sourced timber was used for decking and feature landscape walls.

“As long-term tenants, we have seen The Green become a key attraction factor in the working environment we can offer our teams on site. With plenty of outdoor space, great food options, and public transport right next door, The Green has elevated Central Park and made a real difference to our experience of working here”

Angela, New Zealand Health Partnerships

The development of The Green radically transformed an area that was previously dated, disconnected and car park dominated, into a place where people can gather to take advantage of new centrally located and modern facilities. The development’s reputation played a significant part in Oyster securing a new 3,350sqm office building, currently under construction for KiwiRail.

Meanwhile, demand for tenancies at Central Park show that it’s a place companies want to be: the asset is over 95% occupied.

Central Park is one of Auckland’s largest commercial business parks and is paving the way for the next generation of multi-use developments.

• Central Park is home to more than 70 businesses and approximately 3,000 people on-site.

• A commercial hub of 12 office buildings totalling approximately 48,000sqm in net lettable area.

• The estate occupies a prominent position in Auckland’s southern corridor. This Greenlane location is well-connected with nearby public transport, including Ellerslie Train Station and well-serviced main bus services.

• The Green, Central Park’s Food & Beverage Precinct, provides an enhanced offering of eateries, and a recreational landscaped plaza.

Ellerslie, Auckland

Welcome to Millennium, a vibrant, green working environment in the heart of Auckland’s Southern Corridor. Nestled in over three hectares of landscaped grounds, our premier corporate campus provides a great place to work.

With seven freestanding office buildings, gym, end-of-trip facilities, tennis court, and an array of food and beverage options, Millennium has everything you need in one place. Millennium is conveniently located close to public transport (bus and train) and State Highway 1, with ample car parking available, including two levels of basement parking and a sixlevel above-ground car parking building, making it easy for you and your team to get to work.

Millennium offers a range of leasing options that can be tailored to suit your business needs. Whether refurbished open-plan office spaces or bespoke design, we can help you create a space that reflects your brand and inspires your team.

Join us at Millennium and experience the perfect balance of work and play. We look forward to welcoming you!

NATIONAL DIRECTOR

Campbell Pritchard 021 870 614 campbell.pritchard@cbre.co.nz

AUCKLAND CBD

Matt Hockey 021 897 465 matt.hockey@cbre.co.nz

AUCKLAND FRINGE

Stefan Winstanley 021 709 272 stefan.winstanley@cbre.co.nz

Lindsay Jackson 021 521 561 lindsay.jackson@cbre.co.nz

Chad Crenfeldt-Smith 021 055 3830 chad.crenfeldt-smith@cbre.co.nz

Omri Yahel 021 791 165 omri.yahel@cbre.co.nz

SOUTH AUCKLAND

Nick Theyers 021 265 4667 nick.theyers@cbre.co.nz

Adam Wallis 027 695 9989 adam.wallis@cbre.co.nz

Kennedy Lewis 021 268 4842 kennedy.lewis@cbre.co.nz

Chris Wong 021 964

Sam Fitzgerald 021 525 110 sam.fitzgerald@cbre.co.nz