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News Release

Auckland

Tenants sought for A-grade Highbrook development

Building 5, the new A-grade office development being built at Goodman Property Trust’s world class business park Highbrook, is available for lease through commercial property specialists JLL.


 

 

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JLL has launched a marketing campaign to seek tenants for the 3,482sqm three-level commercial premises at 60 Highbrook Drive The Crossing in Auckland’s East Tamaki, which is available for occupation from November 2016. 

Construction began mid-2015 at Building 5 which is among 15 new projects announced at the estate, with a total cost of $158.7 million. The new projects will add more than 80,000sqm of rentable area to the estate. 

Lauren Phillips, Office Leasing Specialist at JLL who is running the marketing campaign on behalf of Goodman says: “This is an exciting opportunity for businesses and offers them the ability to either take up split or separate floors, or the entire building.” 

Phillips adds: “Naming and signage rights are also available at the building which is situated on the prominent position on Highbrook Drive. Tenants would also benefit from the excellent amenities that are provided at The Crossing including cafes, restaurants, bars, banks, superettes, serviced apartments, conferences suites, gym and childcare facilities.”

The A-grade office development provides direct access to State Highway 1 and basement level car parking. Level 1 of the building comprises 1,082sqm of office space, and both levels 2 and 3 provide 1,200sqm floorplates, all of which can be split for separate tenancies. 

Highbrook Business Park is situated on 107 hectares of landscaped grounds and parkland in Auckland’s East Tamaki, and provides more than 350,000sqm of industrial and business space that has been developed since 2005. Development activity has utilised more than 17.5 hectares of land area and contributed to the $60 million in valuation gains Highbrook has generated since 2012. 

The Crossing, a commercial, retail and hospitality precinct, is at the heart of Highbrook Business Park and home to more than 70 successful commercial businesses including LG Electronics, BMW, DHL, Panasonic, ATEED and Westpac. Occupation at the estate currently stands at approximately 340,000sqm of space across 40 plus buildings. 

Highbrook is already a thriving business hub that provides community infrastructure to the whole of Auckland. The award winning Business Park is conveniently located just 18 kilometres from Auckland’s CBD, 16 kilometres from Auckland Airport and now has its very own bus services running regularly through the development. 

Located just five minutes’ drive from Highbrook Business Park are major shopping centres, Botany Town Centre and The Hub, which offer retail stores, food and grocery outlets, a library, Berkeley Cinemas, a post shop and gymnasium.  

A press release circulated by Goodman late last year stated the business park has a current value in excess of $850 million and a further $60 million of work is in progress at the estate, which is already one of the country’s largest industrial real estate assets.

Phillips says: “With more than 25,000 commuters using Highbrook Drive on a daily basis, Building 5 is a prime location for a broad range of high calibre professional services firms. The current lack of available A-grade grade premises in traditional office markets is rerouting businesses to alternative options in the suburban markets. With options on the decline and growing office space requirements for businesses, Building 5 presents an attractive alternative that will be highly sought.”​