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News release


Karstens choose 215 Adelaide Street for Queensland HQ in JLL lease deal

BRISBANE, August 31, 2014 - National conference, training facilities and serviced office provider Karstens has taken a full floor at 215 Adelaide Street in a deal negotiated by JLL Director of Office Leasing James Montague. 

The 215 Adelaide Street address is the first move into the Brisbane for Karstens, a company which has a strong footprint in the Sydney and Melbourne markets. 

The 952sqm lease has been signed for seven years. 

According to Mr Montague, the recent $25million upgrade of 215 Adelaide Street was the major contributing factor to Karstens choosing the building as its Brisbane headquarters. 

“The multi-million dollar upgrade of 215 Adelaide Street by Pramerica is proving a huge drawcard for tenants looking for a Flight to Quality relocation, or headquarter establishment. The building is in a prime location and the upgrade has been completed at a great time to capitalise on the current requirements in the market,” he said. 

“The newly opened first stage, which includes the new lobby and foyer area is exceptional, an important welcoming statement for the building and for tenants and their clients. It demonstrates the owners commitment to changing the face of the asset and this part of town.”