New premises for Sciacca

Written on the 11 February 2009

 

New premises for Sciacca
THE completion of commercial office building Icon Place next month is expected to help ease inner city office space shortages in Brisbane.
The 19-level building on 270 Adelaide Street has already sold two floors to Sciacca Lawyers and Consultants for $9 million, and one floor to development and project management company Ranbury for $3.5 million.
There are five floors in final negotiations, but so far Sciacca and Ranbury are the only confirmed buyers. Icon Place offers floors from 350 sq m to 380 sq m.
Ranbury managing director Scott Kennelly, says Icon Place is unique in offering an entire floor and has been created to support continued business growth.
“Given the choice between renting or leasing and owning our own space, the answer was always clear. Given tight and high rentals in Brisbane, the purchase of a floor in Icon Place makes extremely good business sense, for an owner occupier like us, or an investor. In a time of extremely tight supply and escalating rents as well as changing economic times, the opportunity for a business to purchase brand new A grade office space in the CBD is excellent – and good business,” he says.

Latest News

SUPREME COURT ORDERS OCTAVIAR GROUP TO WIND UP

THE Queensland Supreme Court has ordered the Octaviar Group of companies (formerly known as MFS Group) to be wound...

CEOS BRAVE THE COLD TO RAISE $1.4 MILLION FOR THE HOMELESS

MORE than 400 executives confronted the cold last night in the annual Vinnies CEO sleepout, which took place benea...

JENNIFER WESTACOTT ON BANK TAX: IT EXPOSES GOVERNMENT "DESPERATION"

South Australia's new bank levy exposes the desperation of a government that is unable to get its own budget and ...

BASKETBALL'S COMEBACK CONTINUES WITH NBL CLUBS TO FACE OFF AGAINST CHINA'S NATIONAL TEAM

THE RESURGENCE of Australia's National Basketball League (NBL) continues with China's national team to play t...

Related News

BASKETBALL'S COMEBACK CONTINUES WITH NBL CLUBS TO FACE OFF AGAINST CHINA'S NATIONAL TEAM

THE RESURGENCE of Australia's National Basketball League (NBL) continues with China's national team to play t...

DOMESTIC TOURISM IN AUSTRALIA BREAKS RECORDS, INJECTS $61.7 BILLION INTO NATIONAL ECONOMY

DOMESTIC Australian tourists have spent a record breaking $61.7 billion on intra and interstate travel this year, acc...

THE DOCTORS WHO PLUNGED INTO THE SHARK TANK AND SURVIVED WITH A $500,000 INVESTMENT

THEIR mission is to change the face of cancer care with an app that empowers and connects patients and care givers...

IMF BRACES FOR BIG LOSS FOLLOWING WITHDRAWAL FROM SPOTLESS CLASS ACTION

LITIGATION fund IMF Bentham (ASX: IMF) is set to lose as much as half a million dollars after it ceases funding one o...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter