Vocus finds new home in Northbridge

18/03/2016 - 12:19

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Vocus finds new home in Northbridge
Vocus's lease deal included a high-quality fit-out designed by Hassell.

Vocus Communications is consolidating its workforce from the CBD and shifting to Northbridge, signing up to take two floors of space at Pier Street office building Workzone.

The telecommunications giant had its staff and a data centre across three tenancies in the city – at 45 St Georges Terrace, 44 St Georges Terrace and 1 William Street.

The data centre will remain at 44 St Georges Terrace, however the majority of Vocus's staff in Western Australia will move to Workzone under a nine-and-a-half year sublease deal over 3,700 square metres that was signed in January.

Vocus joins CIMIC Group subsidiary Leighton Contractors and construction firm Broad as tenants at Building A at Workzone, while it has also installed its name and logo on the side of the building.

Sheffield Property Group director Mark Clapham, who brokered the deal, said the lease also included a high-quality fit-out and furnishings designed by HASSELL.

“Workzone is relatively new at only three years old and offers top-quality fitted out sublease space in Building A, which is appealing to companies looking for ready to move in business premises,” Mr Clapham said.

“In addition to the Vocus space, there are other floors available which are not only supreme but of great value, as there is a market incentive rent free period offered.”

Mr Clapham said the Vocus deal represented outstanding value in a challenged market.

“We are finding many tenants are actively seeking sublease opportunities which can offer such value, assuming the tenant can line up the holy trinity of subleasing being a competitive rent, a relatively long-term lease and high-quality fitout and furnishings,” he said.

“Workzone meets all of the criteria and is one of the best sublease opportunities currently available in Perth.”

Vocus chief risk officer Alan Ariti said the new digs would help the company get closer to its goal to be one of the top 10 places to work in Perth.

“Having great office spaces where our people are all together is a big step towards achieving that goal,” he said.

“The premises have large open spaces and lots of natural light, which provides a great healthy workspace for staff.”

Vocus shifting to Workzone is the second big leasing deal since September last year at the complex, following the Department of Health sub-leasing more than 3,800sqm over two floors of Workzone Building B from Leighton.

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