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News release

Brisbane

MSB Lawyers call Queen Street home: Jones Lang LaSalle


BRISBANE, 13 JULY 2012 - The appeal of a CBD Queen Street address is still one of prestige and position, according to Jones Lang LaSalle’s Gerry Leyden, after announcing Boutique commercial law firm, MSB Lawyers would take up residence at 141 Queen Street.

 
“MSB Lawyers have relocated from Petrie Terrace in the near city market, to 141 Queen Street, right in the heart of Brisbane’s CBD, on a six-year lease deal,” he said.
 
“MSB Lawyers have experienced some rapid expansion throughout their various business lines and as a result decided that relocating their head office to a CBD address was the logical move.
 
"The tenancy at 141 Queen Street is positioned on level 19 and provides sweeping views of the North Quarter precinct as well as offering staff an environment that promotes activity in the workplace.
 
“MSB Lawyers had a preference to be close to both the courts and their clients, which is also part of their brand repositioning statement – a new head office in a Queen Street location speaks volumes for the direction that their business is wanting to head in,” he said.
 
Director Mark Smith said the proximity to the law courts was a major factor in their decision to relocate.
 
“MSB Lawyers specialises in dealing with insolvency, debt recovery and conveyancing. With this increase in work we made the decision to move closer to the law courts and other regulatory authorities in order to maximise timing issues for attendances at court which were becoming an issue at its Petrie Terrace Offices."
 
“The space is ideally located for MSB Lawyers' business needs and has given the firm the ability to utilise its space also for client training, client meeting and mediations”
 
The lease covers 442 sqm and is understood to be negotiated at a market rate of between $500/sqm and $550/sqm.
 
Mr Leyden said the Brisbane market was remaining tight across all asset classes with properties that have been refurbished and presenting at a high level, being received well by the tenant market.