The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FULL PROGRAM RELEASED FOR URBANITY-25 CONNECTING PROPERTY LEADERS ACROSS THE ASIA PACIFIC
FULL PROGRAM RELEASED FOR URBANITY-25 WHERE THE PROPERTY INDUSTRY CONNECTS
VIEW FULL AGENDADETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
RetailStaff WriterThu 04 Sep 14

215 Adelaide Street Secures New Tenants For New Retail Hub

2




A major refurbishment by the owner of 215 Adelaide Street, Brisbane, a Pramerica-managed fund, is paying dividends as several high profile tenants sign lease agreements.





215 Adelaide Street and the Rowes building were previously connected via an arcade, but neither had a true identity. The landlord has undertaken one of the largest office refurbishments in Brisbane CBD’s history by unlocking three retail areas on the podium levels - Rowes building on Edward Street, Post Office Square retail and Adelaide Street retail.

The refurbishment also includes construction of a new 9-metre-high office lobby including a brand new double-height awning to Adelaide Street and Post Office Square.

Mark Platsis

from CBRE Retail Services said that the project has been successful in attracting new tenants to the Brisbane market including:

  • Jamie’s Italian - Jamie Oliver’s Italian Restaurant (755 square metres)

  • TM Lewin - International Menswear Outlet (185 square metres)

  • Sonny's Dive - Restaurant/Bar (245 square metres)

  • Guzman y Gomez - Mexican Taqueria (145 square metres)

  • Thr1ve - Wholefoods (80 square metres)

  • Roll’d - Vietnamese Street Food (80 square metres)

  • Chemist Warehouse - Discount Chemist (415 square metres)

This marks the first Queensland retail operation for Jamie's Italian and Thr1ve and the first Brisbane store for TM Lewin.

Due to this substantial refurbishment, retail handovers are being staggered, with three tenants having commenced fit-out and the remainder beginning in early October.

Mr Platsis stated the key mandate for the retail refurbishment was to reduce the number of tenants while ensuring that every retailer benefited from the various street frontages on offer.

“With rental rates ranging between $1,000 square metres and $3,250 square metres, it was a great result for the owner, highlighting the positive outcomes that could be achieved by imaginative landlords, despite the current challenging market conditions.”

"Post Office Square is looking to become a new food and beverage hub with operators trading across breakfast, lunch and dinner. Only one restaurant tenancy remains for lease in this location," said Mr Platsis.

RetailAustraliaConstructionConstructionSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Freecity’s $300m PBSA to Prove Worth of Modular at Scale

Leon Della Bosca
7 Min
Exclusive

Billbergia’s John Kinsella: Whiskey, Fun and a Fear of Heights

Vanessa Croll
8 Min
Exclusive

Paperwork to Plate: The Rise of Brisbane’s Midtown

Taryn Paris
6 Min
Wel Co's Thornhill Park, 40km west of the Melbourne CBD.
Exclusive

Waiting for Victoria: Why Wel.Co says State Planning isn’t Working

Marisa Wikramanayake
6 Min
Woods Bagot Principal Alex Hall and Penny Place Adelaide
Exclusive

Amplified Affordability: Woods Bagot Cracks Housing Cost Code

Leon Della Bosca
8 Min
View All >
Sponsored

Beyond Bricks and Mortar: Creating Connected Communities with Technology

Partner Content
Wesley Mission Uniting Church Affordable Housing Scheme Curtin ACT
Build-to-Rent

Wesley Mission Plots $46.5m ACT Housing Precinct

Leon Della Bosca
Surfers Paradise Jinding Revised DA hero
Development

Tide of Tower Tweaks to Stack Up Gold Coast Projects

Phil Bartsch
Surfers Paradise, Palm Beach … myriad revised plans are being filed to counter prevailing challenges and ensure plans st…
LATEST
Technology

Beyond Bricks and Mortar: Creating Connected Communities with Technology

Partner Content
3 Min
Wesley Mission Uniting Church Affordable Housing Scheme Curtin ACT
Build-to-Rent

Wesley Mission Plots $46.5m ACT Housing Precinct

Leon Della Bosca
3 Min
Surfers Paradise Jinding Revised DA hero
Development

Tide of Tower Tweaks to Stack Up Gold Coast Projects

Phil Bartsch
4 Min
Exclusive

Freecity’s $300m PBSA to Prove Worth of Modular at Scale

Leon Della Bosca
7 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/215-adelaide-street-secures-new-tenants-for-new-retail-hub