Love Your Workspace Auckland | Issue 15

Featured articles

131 Queen Street Refurbishment

Grand old department store launches into modern age

Dilapidations

How to minimise and avoid unexpected costs at lease expiry

Managing Change: The key to a successful workplace transformation

Character in the CBD

Prestigious Heritage O ering

131 QUEEN STREET, AUCKLAND CBD

Secure the best character o ice space in the city. Levels 7 & 8, 131 Queen Street comprising of approx. 1,340sqm and featuring expansive entertaining terraces on both floors. This is Auckland’s most civilised o ice tenancy.

The building has been meticulously restored with a blend of historic charm and modern features. Access is through a newly completed lobby with art deco finishes.

The space o ers wide board oak floors, 4.2 metre stud height, and premium quality bathrooms. Fitout and design packages are available from award-winning Izzard design.

Smaller character suites are also available, ranging from 100sqm to 407sqm.

AVAILABLE FOR LEASE

www.cbre.co.nz/AKL101016

Please contact your agent for more information

Stefan Winstanley

stefan.winstanley@cbre.co.nz

+64 21 709

Matt Hockey

matt.hockey@cbre.co.nz

+64 21 897 465

30 MAHUHU CRESCENT

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.

AVAILABLE OPPORTUNITIES

L4 1,696m2 Available Q4 2024

L3 1,635m2 Available Q4 2024

L2 1,635m2 Available Q4 2024

L1 1,634m2 Available Q4 2024

GF North 274m2 Available Q4 2024

GF South 446m2 Available Q4 2024

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. 7

As exclusive agents, CBRE is proud to o er an exciting new opportunity within Shortland and Fort, 88 Shortland Street. Occupying a prominent position overlooking the Waitematā Harbour, the fully refurbished Premium Grade o ice 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, o ers Premium amentiy throughout.

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.

We have the only two o ice tenancies in the building available, o ering 344sqm or 383sqm of fitted space, or the tenancies can be re-worked as one space of approx 740sqm to suit businesses of 60-70 sta . Join the exciting new crop of businesses at Shortland & Fort.

www.cbre.co.nz/AKL100210

LEVEL AREA

AVAILABILITY

15.C 344sqm Available end of 2024

15.D 383sqm Available end of 2024

Combined 740sqm Available end of 2024

Shortland at a Steal

12-month sub lease at $250 per sqm gross

Need cheap project space?

LEVEL 17, 34 SHORTLAND STREET, AUCKLAND CBD

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 sta 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 31 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 o ers 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!

17

www.cbre.co.nz/AKL100636

Please contact the Exclusive Agents for more information

Matt Hockey

021 897 465

matt.hockey@cbre.co.nz

Chad Crenfeldt-Smith

021 055 3830

chad.crenfeldt-smith@cbre.co.nz

Britomart Waterfront

2 COMMERCE STREET, AUCKLAND CBD

Naming and signage rights are available for this property, o ering a unique opportunity for branding and visibility. These rare waterfront o ices are located in the heart of Britomart, a highly sought-after area.

The private, full floor (Level 5) presents a chance to design a customised fitout to suit specific needs and preferences. Being at the heart of all public transport facilities, hospitality, and retail options.

AVAILABLE FOR LEASE

Please contact your agent for more information

Chad Crenfeldt-Smith

chad.crenfeldt-smith@cbre.co.nz

021 055 3830

Stefan Winstanley

stefan.winstanley@cbre.co.nz

021 709 272

Refurbishment launches grand old department store into modern age

Premium space in a heritage building on lower Queen Street, Auckland, is available for lease through CBRE, o ering tenants the opportunity to occupy the finest character o ices currently available in New Zealand.

131 Queen Street, a century-old building that has just been extensively refurbished by Krukziener Properties, sets a new benchmark in luxury-expertly blending modern working environments and amenities with exquisitely restored original detailing. Stefan Winstanley and Matt Hockey, CBRE O ice Leasing Directors, are o ering the top two floors (levels 7 & 8), of this Heritage NZ-listed building, which originally housed the celebrated Milne and Choyce department store.

“O ice tenants looking for space with a real wow factor should look no further than 131 Queen,” Winstanley says. “Krukziener Properties has left no stone unturned in their meticulous refurbishment and seismic strengthening of this grand old lady of Queen Street, which now provides absolutely gorgeous, ornate art deco interiors and contemporary o ice facilities.”

Krukziener Properties has left no stone unturned in their meticulous refurbishment and seismic strengthening of this grand old lady of Queen Street

Both available floors have high 4.2-metre studs, expansive glazed frontages, premium bathrooms including shower facilities, and huge outdoor terraces for tenants to entertain sta and clients.

With most of the o ice space already signed up, the top two floors o er the last opportunities for businesses to occupy this masterfully-transformed building in a premium downtown address, says Hockey.

“This is truly unique o ice space in a class of its own-there is nothing comparable in this quality standard and size available anywhere else at the moment. From the marblelined lobby and bathrooms to the light-filled o ice spaces with their soaring ceilings, this is a a quality renovation that will add a hefty amount of prestige to incoming tenants’ brands.”

Flexibility is o ered to potential occupiers, who could opt to take one or both floors, providing a total of 1,340sqm of space connected by a staircase. Alternatively, level 7 could be divided into smaller o ice suites.

Stefan Winstanley Director | O ice Leasing CBRE

Matt Hockey Director | O ice Leasing CBRE

Several tenants have already signed up for space in the building’s lower floors, including the National Business Review, Accenture, Montarne, Cyber CX and the owner Krukziener Properties’ own o ices. The ground floor will house luxury retail, while level one will be a food & beverage precinct including a whisky bar and dining spaces for tenants and the public.

As well as sensitively restoring the building’s interiors and façade, Krukziener Properties has also installed new air conditioning plant, modernised lifts and completed a significant seismic strengthening project to bring the building to 100 per cent of new building standard.

“The combination of this building’s heritage status, contemporary services and seismic strength mean it is a sought-after proposition for tenants who prefer the uniqueness and beauty of heritage space over newlybuilt o ices,” Winstanley says.

The building presents the opportunity for tenants to secure trophy heritage character space in an iconic building which encapsulates the city’s history as well as its future, says Hockey.

The combination of this building’s heritage status, contemporary services and seismic strength mean it is a sought-after proposition for tenants who prefer the uniqueness and beauty of heritage space over newly-built o ces

“Milne and Choyce was the national leader in retailing for its time and an important part of the social fabric of Auckland, with the 600-seat Tudor Tea Rooms and open air roof garden a popular meeting place.

“Following its refurbishment, this stunning building captures the romance of days gone by, while also being an important part of the future of lower Queen Street as ongoing evolution in the tenancy makeup in the area continues.”

Following its refurbishment, this stunning building captures the romance of days gone by, while also being an important part of the future of lower Queen Street as ongoing evolution in the tenancy makeup in the area continues

The Milne and Choyce store was one of the largest and most modern department stores in the country, leading the way in many modern retail techniques and providing additional services such as hairdressing, community events and employing a large team of sta .

Designed by Auckland architect Llewellyn Piper and constructed by Fletcher Brothers in 1924, the concrete building features distinctive octagonalheaded columns, developed in the US to improve earthquake resistance. This made 131 Queen Street one of New Zealand’s first specifically designed earthquake-resilient buildings, as well as enabling the construction of large, open floor plates.

Surrounded by international luxury retail brands and among many high-profile international businesses, lower Queen Street provides a highly sought-after address, Winstanley says.

“This location is within easy walking distance of bus, rail and ferry transport, as well as Commercial Bay and Britomart. This adds up to a huge array of shopping, dining, entertainment and transport options for local workers to enjoy, which presents a significant drawcard when it comes to sta attraction and retention for businesses based in this part of the CBD.”

Options for Everyone

Vibrant CBD Location

CITIGROUP CENTRE, 23 CUSTOMS STREET, AUCKLAND CBD

The Citigroup Centre is sited in a vibrant CBD location on the corner of Customs and Commerce Streets, minutes away from public transport hubs.

Currently available are architecturally designed suites, unit 2 on level 6, and full floor on level 10 featuring sea views and abundant natural light.

The recent high-quality refurbishments, access to Snickel Lane as well as full end-of-trip facilities makes this is an attractive workplace for sta and an exceptional home for your business.

www.cbre.co.nz/2247827Q1

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

Perfectly Located O ice Space Vero Centre

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 e iciency. The central core and column-free design can accommodate a variety of fitout styles and work practices. Full turnkey fitout solutions can be provided.

AVAILABLE FOR LEASE

*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

Concierge and end-of-trip facilities

High-Profile CBD Location

Newly fitted suites available

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 top levels o er spacious full floors with breathtaking views for larger tenants and the ability to divide for smaller businesses. Recently finished furnished spec suites o er turn-key quality in various sizes.

The building o ers top-notch amenities like new end-of-trip facilities, a business lounge in the mezzanine with bookable meeting rooms for occupiers, plus planned upgrades and close access to the future Te Waihorotiu Station (Central Rail Link) for a premium tenant experience.

www.cbre.co.nz/1012869Q3

Please contact your agent for more information

Chad Crendfeldt-Smith

021 055 3830

chad.crenfeldt-smith@cbre.co.nz

Matt Hockey

021 897 465

matt.hockey@cbre.co.nz

Formery

By Alberts

From the awardwinning Alberts team, meet The Formery.

A modern workplace located right next to the new CRL Te Wai Horotiu Station, Greenlink and the Sky Tower.

O ering spacious Private and Bespoke suites, tailored to your pre ered interior design style, The Formery allows your team to thrive in inspirational surroundings.

The Formery provides the same community, engagement and tenant experience as the iconic 1 Albert Street, but on signi cantly more attractive terms. Enjoy end-of-trip plus sauna, on-site Concierge, aspirational meeting areas and premium Club Lounge spaces as part of your working day.

What Formery o ers

Incentivises employees to come to the o ce

Aspirational quality tout and furnishings

Contact

Wellness centre and end-of-trip facilities

ESG focused o ce solution Attractive leasing terms

Access to Alberts Members Club spaces, extending your workspace

chad.crenfeldt-smith@cbre.conz stefan.winstanley@cbre.conz

Formery East

• Located right next to CRL Te Wai Horotiu Station

• Traditional and Bespoke spaces available of various sizes

• Four contiguous oors 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 Club Lounge, food and beverage option

By Alberts

Ample on-site car parking

On-site café

Bike storage

Showers on each floor

Mid-town Revival

The Huawei Centre

120 ALBERT STREET, AUCKLAND CBD

The Huawei Centre, located in the mid-town of Auckland’s CBD, enjoys refreshing views of the growing city as well as well as being a convenient location for businesses and guests alike.

The building is situated between the two future Te Waihorotiu train stations, and boasts access to over 700 undercover carparks.

On o er are flexible o ice spaces, leasing incentives and a variety of di erent fitouts to suit all types of business’ needs.

AVAILABLE FOR LEASE

24 (C1)

24 (A1) 303sqm 15 (C)

18 (3A) 169sqm 9 (3) 386sqm

20 841sqm 9 (1) 330sqm

www.cbre.co.nz/AKL101154

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

Premium Sub-Lease

Level 28, Vero Centre

VERO CENTRE, 48 SHORTLAND STREET, AUCKLAND CBD

Located in the heart of Auckland’s financial district, the Vero Centre is one of New Zealand’s most Prominent and Iconic Tower. The Tenants enjoys ample car parking, five podium public and conversation spaces, and 32 o ice levels. The building o ers superb amenities, extensive end-of-trip facilities and at lobby level, The Pavilion café and co ee takeaway kiosk .

CBRE is excited to bring a superb upper floor in the Tower, level 28 to the market which available on a sub-lease and contains a premium quality modern fitout to suit 150 sta . The floor also enjoys stunning views over the Waitemata and across to the city. The space is ready to go!

Join the host of leading New Zealand businesses in one of the best commercial o ice buildings in the country - the Vero Centre.

www.cbre.co.nz/AKL101167

Please contact your agent for more information

Matt Hockey

021 897 465

matt.hockey@cbre.co.nz

Stefan Winstanley

021 709 272

stefan.winstanley@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.

MEETING AND EVENT SPACES

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

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

• All the perks of a Generator Membership

Premium Boutique CBD O ces

33 FEDERAL STREET, AUCKLAND CBD

This modern asset is excellently located near popular amenities like Commercial Bay, the Viaduct, and Queen Street. It has a high car park ratio, great motorway access, and is a short walk to the ferry terminal, Britomart transport hub, and bus stops. The property also o ers on-site amenity - The Daily Bread, with stunning views of the Viaduct and Harbour Bridge. Learn more at www.33federal.co.nz.

AVAILABLE FOR LEASE

*Plus deck (26sqm)

www.cbre.co.nz/AKL100531

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

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. at Commercial Bay

•

High-end Fitout Brand New Kitchen Fitout

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

Great city views and location

On-site café

End-of-trip facilities

Ample on-site parking

Close to all transport hubs

ANZ Centre

Premium Fitted Suites

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.

Part level 36 o ers 246sqm fully fitted tenancy with some of the best views available within Auckland CBD and is ready to be occupied immediately.

The space consists of waiting area, two (2) meeting rooms, modern kitchen with breakout and open plan for 16 sta including sit/stand workstations.

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

AVAILABLE FOR LEASE

36 246sqm 12 & 13

*Interconnecting staircase

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

Dilapidations: A brief guide

Qusain Khan Director, Building Consultancy

For many commercial property tenants, the technical and legal side of lease agreements is something that is often ignored.

You’re not alone – the day to day demands of running a business mean the dull but important details including dilapidations, premises condition reports and make-good obligations are easily overlooked. However, tenants can avoid unexpected end of tenancy costs by taking the time to address a few key points early. Workspace asked CBRE building consultancy director

Qusain Khan to explain.

What are dilapidations?

Dilapidations are an area of property law that enable a landlord to claim money from tenants, at the end of a lease, to cover damage and neglected repairs, maintenance, reinstatement of alterations or other necessary remedial works outside what would be considered normal fair wear and tear as a result of reasonable use of the premises.

Dilapidations are well-established in the commercial leasing market internationally and are becoming more common in New Zealand. When a commercial property is leased, conflicting interests can arise between landlord and tenant.

Naturally, tenants are more concerned with how their leased property performs and looks, while landlords are focused on optimising their financial returns and ensuring the property’s value and integrity are protected.

A robust lease agreement attempts to reconcile these points of view by placing obligations on each party relating to condition, repair and maintenance. If one of the parties (usually the tenant) fails to meet these obligations, a breach arises. These breaches are set out in a schedule of dilapidations.

What is a schedule of dilapidations?

A schedule of dilapidations identifies the specific lease obligations that a tenant has breached and sets out the remedial works required to rectify these. Depending on the type of schedule produced, a cost is allocated to the breach, which becomes the amount the tenant is required to pay for “make good” works, repairs and remediation.

A key point here is the timing when breaches were identified. If a schedule of dilapidations is served during the term of a lease, it is called an “interim schedule of dilapidations”. This informs the tenant of any outstanding repair, maintenance and or make good responsibilities. Essentially it’s an early warning of what works may be required. It also gives the tenant the opportunity to remedy the breach themselves during a set timeframe. Tenants can then phase their remedial works to spread the cost over time, which can be greatly beneficial in budgeting.

If the lease has already expired, the schedule of dilapidations is called “final” and does not give the tenant the right to carry out their own repairs. Instead, you may be served with a hefty bill that could easily amount to a year’s rent.

What can tenants do to avoid all this?

The wording of your lease agreement can have a large impact on your liabilities down the track, so have a close look at the dilapidations clauses and ask for advice from an expert before you sign up. Be clear about what you are taking on and who is responsible for what. A Chartered Building Surveyor or property lawyer can help.

Schedules of condition

We also advise tenants to have a schedule of condition (also called a premises condition report) drawn up. This can help limit your make-good liabilities. Essentially, these documents ensure both landlord and tenant agree on the condition of the property right from the start. If, at the end of the tenancy, you need to prove that the premises were in poor condition when you moved in, being able to present a schedule of condition gives you a strong legal footing to stand on.

Schedules of condition don’t cost a lot to produce. They aim to limit reinstatement liabilities for the tenant at lease end and they also set out ownership of fixtures and fittings to avoid any confusion later. They will also include photos to accurately record the condition of the premises. The schedule of condition is then signed by both parties and added to the lease agreement as an appendix.

Through spending a relatively small amount of time and money at the start, tenants can greatly minimise the risk of being served a final schedule of dilapidations at lease end that, more often than not, will be substantially more costly. Involving a Chartered Building Surveyor early in the lease agreement process can greatly help in achieving a beneficial outcome for the tenant.

What else can I do during the lease term to avoid liabilities?

In addition to agreeing an initial schedule of condition, good property maintenance during your lease will help minimise any liabilities at the end. If you want to do any alterations or change the fit out of the premises, check your lease agreement first as you might need to get written permission from the landlord. The lease agreement will also set out whether any alterations have to be removed at the end of the lease.

If you are served with an interim schedule of dilapidations, take advice from a Chartered Building Surveyor straight away. Your surveyor will assess the claim and negotiate with the landlord on your behalf, which will help you manage the process and may also reduce your liability.

How do I find an expert to help?

CBRE’s in-house building consultancy team specialises in dilapidations and can assist tenants with schedules of condition, make-good assessments, due diligence reporting, reinstatement cost assessments and planning a forward schedule of any remedial works required.

Our team has helped many tenants reduce their dilapidations liabilities and we work with large corporate occupiers right down to small businesses. Contact us to find out more.

Qusain Khan

+64 21 897 465 qusain.khan@cbre.co.nz

Case Study

CBRE’s building consultancy team recently represented a tenant occupying a 4,800sqm industrial warehouse and o ice property. The tenant was presented with a dilapidations claim for $465,000.

Following negotiation on behalf of the tenant, CBRE achieved a 40% reduction in the landlord’s make good claim, reducing the claim to $280,000.

66 Wyndham Street

Striking Presence on Wyndham

66 WYNDHAM STREET, AUCKLAND CBD

66 Wyndham Street is a well refurbished A-Grade o ice 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 Co ee, as well as secure underground parking.

A beautiful show suite has been created on level 17 showcasing the quality of this building and o ering stunning views.

AVAILABLE FOR LEASE

583sqm 9 697sqm

15.1 455sqm 6.1 633sqm

*Interconnecting staircase

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

QBE Centre

Stunning

Fitted

Suites

125 QUEEN STREET, AUCKLAND CBD

This landmark building, located in Auckland’s CBD, in the most prominent intersection of Queen and Shortland Streets. The building enjoys great amenity with an on-site child care facility, yoga studio, upmarket lobby café and New World supermarket.

Six exquisite fitted tenancies have just been completed in the tower which provide your business with a complete solution – just install your data and get going!

Fitted tenancies range from 117sqm to 307sqm to suite businesses from five (5) to 35 sta . Larger full floor tenancies also available for larger requirements.

AVAILABLE FOR LEASE

Suites ranging from 117sqm - 700sqm

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

Perfectly Positioned Prime O ce

20 VIADUCT HARBOUR AVENUE, AUCKLAND CBD

CBRE o ers a 400sqm space in the vibrant Harbour Grounds precinct at the Auckland Transport building, strategically located at the Wynyard Quarter and Viaduct Harbour junction. The ground floor unit features a prominent position on Fanshawe Street, ample natural light, 4m stud height, secure basement valet parking, and flexible lease terms. Additionally, a new Harbour Grounds F&B destination nearby opening later this year.

AVAILABLE FOR LEASE

LEVEL AREA

Ground 400sqm - Can be split into two (2) tenancies

www.cbre.co.nz/AKL101164

Please contact your agent for more information

Matt Hockey

021 897 465

matt.hockey@cbre.co.nz

Stefan Winstanley

021 709 272

stefan.winstanley@cbre.co.nz

A-Grade O ce in a Prime Location

Datacom House is a seven-level building in Auckland’s Harbour Grounds precinct. Situated between Wynyard Quarter and Viaduct Harbour, it’s close to key locations like Victoria Park, Commercial Bay, and Britomart.

The building boasts a 5.5 Star NABERSNZ rating and amenities such as a café, pharmacy, and medical centre. The ground floor tenancy o ers various fitout options, flexible leases, parking, and signage.

Please contact your agent for more information

Ground

www.cbre.co.nz/AKL101163

Matt Hockey 021 897 465

matt.hockey@cbre.co.nz

Stefan Winstanley

021 709 272

stefan.winstanley@cbre.co.nz

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 Associate Director | Workplace Consultant 021 283 1303 kirstin.cooper@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 133sqm up to a whole oor tenancy 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.

AVAILABILITY

> Level 4* 285-668sqm

> Level 2* 133-410sqm

> Level 1 174sqm

> Ground 687sm

* Includes Deck

Fitted A-Grade O ce

Gross rents from $199psm

BUILDINGS A & C, 167 VICTORIA STREET WEST, AUCKLAND

From Q1 2025, Buildings A & C at 167 Victoria Street will be available for lease due to Spark NZ’s relocation.

Lease options range from 550sqm to 15,000sqm with flexible terms and discounted rents starting from $199psm GROSS. The buildings o er modern fit-outs, furniture, and a 5 Green Star rating.

Located in Victoria Quarter, the site is near the CBD, Les Mills HQ, and Victoria Park.

It features an impressive lobby with food and beverage options, secure parking, and premium facilities.

BUILDING A

BUILDING C

www.cbre.co.nz/AKL101168

Please contact your agent for more information

Nick Theyers

021 265 4667

nick.theyers@cbre.co.nz

Omri Yahel

021 791 165

omri.yahel@cbre.co.nz

Enviable Parnell

Unique O ice Space Character in Parnell

130 ST GEORGES BAY ROAD, PARNELL

Built before 1935, 130 St Georges Bay Road o ers a rare blend of character and modern functionality. The building has recently undergone significant improvements to modernize it while preserving its character. Enjoy peace of mind with new seismic strengthening and the addition of a new roof. The New York loft style o ice boasts polished wooden floors and soaring exposed timber beams. The space is configured to provide an open plan workspace with a partitioned meeting room, mezzanine loft including storage rooms. Fully air conditioned with new AC plant and complete with a private kitchenette. On-site and local car parking options available.

The property is situated in an enviable Parnell location with easy motorway access and in close proximity to local amenities, boutique retail, food and bars.

www.cbre.co.nz/AKL100829

Please contact your agent for more information

Kennedy Lewis

kennedy.lewis@cbre.co.nz

021 268 4842

Mark Calvert

mark.calvert@cbre.co.nz

021 988 096

A New Modern Heritage Augustus Parnell

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 o ice 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 1,198sqm office + 97sqm deck

7 1,307sqm office + 54sqm deck

6 1,879sqm office

5 1,876sqm office

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

Outstanding Value and Location

101 Carlton Gore Road o ers quality corporate o ice spaces for lease, with sizes ranging from 517sqm to 985sqm.

Targeting 4 Star NABERSNZ, it boasts modern, energy-e icient fit-outs and ample secure basement parking. Its prime location provides easy access to Newmarket amenities, transport links, and the Auckland Domain.

www.cbre.co.nz/AKL101166 101 CARLTON GORE ROAD, NEWMARKET

Please contact your agent for more information

Nick Theyers

021

nick.theyers@cbre.co.nz

Omri Yahel

021 791 165

omri.yahel@cbre.co.nz

A-Grade + Sustainability Credentials

105 CARLTON GORE ROAD, NEWMARKET

Newly upgraded A-Grade Carlton Gore Road building with 6 Green Star rating and on track for 5+ star NABERS rating. 571sqm half floor space on Level 1 available for lease. Upgrades include new exterior glazing, services, and premium end-of-trip facilities. Landscaped grounds with common outdoor seating. Tenancy has brand new base build, energy e icient lighting, and new bathrooms, ready for tenant fitout.

AVAILABLE FOR

1

www.cbre.co.nz/AKL101149

Please contact your agent for more information

Nick Theyers

021 265 4667

nick.theyers@cbre.co.nz

Omri Yahel

021 791 165

omri.yahel@cbre.co.nz

IN THE HEART OF NEWMARKET

25 TEED STREET, NEWMARKET

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

A variety of opportunities available in this impressive centrally located Newmarket asset. Two part oor tenancies on Levels 2 and 5 with a full oor available on Level 4. All tenancies come with high quality existing t-outs in place with impressive views of the surrounding area.

25 Teed Street has a wealth of amenity to cater for your sta ’s 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.

AVAILABILITY

> Level 5 291sqm

> Level 4 817sqm (with 86sqm of storage on Level 1)

> Level 2 (part) 445sqm

Modern O ce Space

Prime location and amenities

84 DON M cKINNON DRIVE, ALBANY

Built in 2018 to the highest standards, 84 Don McKinnon Drive is a landmark building in the heart of the Albany o ice precinct. Available for lease is the entire top floor of 1,754sqm which comes fully fitted and furnished to the highest standard. With 134 workstations and an abundance of internal and external meeting rooms, break out spaces and an impressive sta cafeteria, this top floor showcases a modern and inviting o ice environment for corporate sta and clients to enjoy and thrive.

84 Don McKinnon Drive provides excellent accessibility for all sta and clients. Located adjacent to the Albany Park and Ride and with easy access to the Northern Motorway, along with numerous on-site parking options including convenient charging points for electric vehicles, plus a fully equipped end-of-trip facility. AVAILABLE

www.cbre.co.nz/AKL101155

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

Unique Opportunity Location & Quality

510 MT WELLINGTON HIGHWAY, AUCKLAND

A rare o ice leasing opportunity is available at the Centuria NZ Industrial Fund property, located at 510 Mt Wellington Highway, Auckland. The site benefits from three road frontages and is only 800m from Sylvia Park, New Zealand’s largest shopping centre, and just 300m from the SH1 motorway.

The available space spans approximately 1,800sqm and o ers a versatile layout for multiple tenants. With a high-quality fitout, this modern o ice space is ready for immediate occupation. The building is currently undergoing a major refurbishment, including cladding and joinery replacement, a new roof, ceiling tiles, and main plant air-conditioning. Additionally, 67 on-site car parks are provided for sta and visitors.

AVAILABLE FOR LEASE

1 1,800sqm 67

www.cbre.co.nz/AKL101059

Please contact your agent for more information

Chris Wong

021 964 294

chris.wong@cbre.co.nz

Sam Fitzgerald

021 525 110

sam.fitzgerald@cbre.co.nz

Managing Change: the key to a successful workplace transformation

By Kirstin Cooper Associate Director Workplace Consulting, CBRE

The advent of hybrid working has led to a significant shift in where and how we work.

As a result, organisations of all sizes are exploring ways to create workplaces that optimise space, attract and retain talent, and support new ways of working.

The answer to this question can be the di erence between a successful workplace transformation and a costly missed opportunity, says Kirstin Cooper, Associate Director at CBRE New Zealand, who has supported numerous organisations as they relocated to new o ices.

“New Zealand organisations have certainly embraced new ways of working. Our research shows that 90% of local organisations support hybrid working and most have no plans to revert to a more traditional working model. In addition, more than half of local organisations have already made changes to their workplace design due to new ways of working, and many are planning a relocation to better quality space as part of their overall real estate strategy. The world of work really has changed.”

More than just a relocation or refurbishment

When considering a workplace change, whether it be a relocation or refurbishment of existing premises, the physical workspace is important, but is only part of a much bigger picture. What is equally as important is ensuring that employees are ready for the new workplace and know how to use it to its full potential from day one.

Many organisations underestimate the complexity of this process, focusing more on the physical or logistical aspects of the workplace change, rather than the impact on their people and the level of behavioural change required. Given that people are an organisation’s number one cost, it is crucial that they are central to any workplace change.

The role of change management has become increasingly important in recent years. In the past an o ice relocation typically meant a shift from one traditional work environment to another. These days, it usually signifies a shift to a completely new work environment and an entirely new way of working.

This often includes a transition from assigned seating to unassigned/shared seating, which can be a significant, and challenging change for many people.

Workplace change management combines property expertise, communication, education, and reassurance. We develop a change strategy and plan to ensure that key messages are reiterated, and areas of concern are addressed. We engage with di erent areas of the business to understand what is most important to them, and support leaders in becoming true advocates of the change. Another key focus is building a sense of anticipation and excitement as, ultimately, a workplace change is a real ‘good news story’ for the organisation.

“CBRE’s Workplace Consulting team draws on extensive global resources and expertise to support our clients through workplace change, ensuring a seamless transition and minimal disruption,” says Cooper. “In addition, my background in Psychology and Human Resources allows me to support clients through some of the trickier aspects of workplace change, such as highly change-resistant teams or individuals.”

Change managed well

Cooper has recently completed projects with three high-profile Auckland clients who recognised the importance of supporting their people through a workplace change. Oceania Healthcare, the leading provider of premium healthcare services, relocated its 110-person corporate o ice to Level 26 of Auckland’s HSBC Tower in February 2024.

“Oceania’s o ice relocation provided the opportunity to create an exceptional work environment that supported greater collaboration and connection, while providing an opportunity for the team to work in more agile and flexible ways,” says Cooper.

After developing a change strategy and detailed change plan, CBRE established an internal change working group and a Change Champion network, which both played a critical role in the workplace change. Monthly email updates ensured the team were aware of upcoming change activities, such as a design launch, a ‘spring clean’ of the current o ice, and information sessions. A detailed workplace guide and FAQs also ensured the team were well informed about the new o ice.

NZ Automobile Association

The first day and weeks in the new o ice saw record attendance and feedback about the new space was overwhelmingly positive. The team has quickly settled into new ways of working, making use of the variety of spaces and settings, as well as new technology.

Andrew Buckingham, Group General Manager Property & Development at Oceania Healthcare, says that the change management process was exceptionally handled. “We certainly couldn’t have achieved anything similar using only inhouse resources. I would advocate using a third party to undertake change management every time. CBRE understood our needs and undertook a key piece of work that is often ignored in o ice relocations.”

A leading insurance and advisory firm also navigated a workplace change at the start of 2024 when relocating to new premises in the Auckland CBD. The relocation provided the firm with an opportunity to embrace more agile ways of working. We created and executed

a plan that set expectations for employees so that they understood the required behaviours and had all the necessary tools to be productive. In addition, employees attended site tours and information sessions to help prepare for the new environment. A welcome guide with key information about the new o ice was issued prior to the move, and feedback was extremely positive as everyone settled into the new space.

In February 2024 the NZ Automobile Association relocated their Head O ice to Level 5, 20 Viaduct Harbour Avenue after 30 years at 99 Albert Street.

The AA recognised the importance of preparing their people for their new work environment and new ways of working. CBRE partnered with the internal Change, Communications and People Experience teams to develop and implement a change strategy and detailed change plan. This included a design launch, new ways of working information sessions, fact sheets, and regular email updates. A Move Champion network was established and played a critical role in preparing the 270 employees for the o ice move.

“It’s not an exaggeration to say that this project would not have been delivered as successfully within our very tight time constraints without CBRE’s involvement, as we did not have the capacity to manage this in house at that time.” says Megan Ferguson, Head of Change Enablement at the NZ Automobile Association.

Adding expertise and capacity for busy teams

Cooper says that a key link between these three o ice relocations is that the clients identified the need for external support in delivering their workplace change. “Organisations often have the internal capability to deliver a workplace change. What they don’t have, however, is the internal capacity to deliver this change. Employees are busy with their “day jobs”, so any change responsibilities would be in addition to that. CBRE partners with our clients to centralise and oversee the change process, ensuring that everyone is clear on what needs to be done and when. Workplace change is always a team e ort, but someone needs to lead the process.”

All three clients started from the same place: they wanted to support their people. They are great examples of organisations that put their people first and understood the need for a structured approach to workplace change.

As she looks ahead, Cooper is curious to see how workplace change evolves. “Right now, organisations are transitioning from traditional work environments and working models to new, progressive ones. We can’t underestimate the magnitude of this shift or the time it may take for this for this to play out. The one thing we can always count on, of course, is change itself.”

CBRE’s Workplace Consulting team draws on extensive global resources and expertise to support our clients through workplace change, ensuring a seamless transition

and minimal disruption

Oceania Healthcare

Outstanding Landmark

O ice Opportunity in Sylvia Park

Sylvia Park, now ANZ Raranga, is a renowned o ice tower in Mt Wellington. Built in 2018, it achieved a 5 Green Star accreditation for design and build, and holds a 5.5 Star NABERS rating for operational e iciency.

Level 2, approximately 1,308sqm, is available for lease. It features a modern, high-quality fit-out surrounding the central core, with four lifts for access. The secure entrance foyer o ers a professional environment with meeting rooms, collaboration zones, and a sta breakout kitchen. The space maximizes natural light with open plan work areas near perimeter glazing and internal light well.

www.cbre.co.nz/SAK100590

Please contact your agent for more information

Chris Wong

021 964 294

chris.wong@cbre.co.nz

Nick Theyers

021 265 4667

nick.theyers@cbre.co.nz

204 sqm - 3,000 sqm

Make one of these office spaces your own. Options range from dedicated office, to a large economical space. Locations in Manukau, Mt Wellington and Highbrook. For more info visit officeforlease.co.nz

Unit E, 86 Plunket

Avenue Manukau

+ 441 sqm office

+ 25 car parks

+ Flexible leasing with short term options available

+ Available now

Listing ID: AKL101112

Building 3, 16 Leonard Road

Mt Wellington

+ 1,000 - 3,000 sqm office

+ 90 car parks

+ Existing fitout

+ Flexible leasing options

+ Available now

Listing ID: AKL100673

38C Highbrook Drive

Highbrook

+ 204 sqm office, level 1

+ 10 car parks

+ Fitout and close to cafés

+ Available now

Listing ID: AKL100845

Johnson Corner Coworking Highbrook

+ Hotdesks

+ 2 – 40 person offices

+ Full business services

+ Event and meeting spaces

Modern O ce and Excellent Profile

Agility CIS House o ers 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 o ice 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.

www.cbre.co.nz/AKL100586 56 CAWLEY STREET, ELLERSLIE

Please contact your agent for more information AVAILABLE FOR LEASE

Sam Fitzgerald

021 525 110

sam.fitzgerald@cbre.co.nz

Chris Wong

021 964 924

chris.wong@cbre.co.nz

High-Profile Corner Location

205 GREAT SOUTH ROAD, GREENLANE

Located on the corner of Great South Road and Green Lane West in the Southern Corridor, the Public Trust Building o ers 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 the tenancies on level three can be combined to make 1,415sqm. Naming rights are also available.

Please contact your agent for more information AVAILABLE FOR LEASE

Sam Fitzgerald

021 525 110

sam.fitzgerald@cbre.co.nz

www.cbre.co.nz/AKL100630

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

AREA AVAILABLE: Ground - 824sqm & Level 1 - 1,367sqm

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

A vibrant, green working environment

Join the Southern Corridor’s premier corporate campus

Ellerslie, Auckland

Available for lease

Office tenancies range in size from 340 - 1,460sqm

and beverage

on-site

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!

Please contact your agent for more information:

Chris Wong

P. 021 964 924

E. chris.wong@cbre.co.nz

Sam Fitzgerald

P. 021 525 110

E. sam.fitzgerald@cbre.co.nz

Auckland Airport

Connectivity is everything

QUAD 7, 6 LEONARD ISITT DRIVE, AIRPORT PRECINCT

Make a bold and savvy move by securing sought-after o ice 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 sta 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 di erent tenancies and tailored to suit, whilst Level 5 can accommodate up to three di erent 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

AUCKLAND CBD

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

AUCKLAND FRINGE

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

SOUTH AUCKLAND

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

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

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

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

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

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

NATIONAL DIRECTOR

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

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

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