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News release


PDC offer ramps up competition for tenants in Applecross business precinct

A-grade 250-1,030sqm sub-lease opportunity in brand new office building to tempt ‘flight-to-quality’ tenants

Applecross-based global engineering company, PDC, is ramping up the competition for tenants seeking an A-grade office upgrade with the release of just over 1,000sqm in its brand new Kintail Road office building.

The company's WA headquarters was completed in August this year, and is the most recent substantial office building erected in the leafy Canning Bridge mixed-use precinct.

PDC is offering to sub-lease level one of its four-level building comprising 1,030sqm of secured office space including a generous 50 no-levy basement carbays through joint exclusive leasing agents JLL and Knight Frank. Areas available are from 250sqm with a targeted 4.5 star NABERS energy rating and a 4 star Green Star rating.

JLL Associate Director of Office Leasing WA, Ross Skelton, said that although the current leasing market is presenting landlords with a number of challenges, those with new or high quality buildings are receiving quite a lot of attention from prospective tenants looking to upgrade their accommodation.

"We are increasingly seeing and certainly expect to see more of a flight-to-quality among tenants whose leases are set to expire. The trend is entirely typical when the economy backs off after a period of high activity and there is a subsequent surplus of office space," said Mr Skelton.

"Designed by the Campion Group, the company responsible for Perth's first modular building, and built by Cooper and Oxley, the PDC building features energy saving design features, quality full floor treatments, end of trip facilities and secured bicycle storage. Added to these is exclusive use of a generous outdoor terrace running on two sides of the building," he said.

Kendall Main, Associate Director of Knight Frank Office Leasing said the building is conveniently located less than 10km from the CBD, within walking distance of the Canning Bridge Railway Station and benefits from the nearby amenity of the Canning Bridge retail and restaurant precinct.

"This building presents an exciting opportunity to businesses which are seeking high quality new office space in a boutique location," said Mrs Main.