Investment in Allianz House upgrades secures key new tenant
Adelaide-based technology services company Data Action has chosen the Allianz Centre as its new home.
In a leasing deal negotiated by Colliers International’s Jon Cranna, Data Action will occupy a whole 2,337sqm floor at Allianz Centre, 55 Currie Street Adelaide.
Mr Cranna said the lease was a significant coup for the building.
“The quality workplace that has been created for Data Action was the product of years of meticulous planning and implementation of a major refurbishment program by the owner, an unlisted wholesale trust,” he said. “The owner saw the potential for the configuration of this building to satisfy particular national and global trends in corporate occupier demand when they purchased it.
“Originally built to high standards by the Commonwealth of Australia, the office tower continues to exceed most current performance bench marks.
“The owner undertook the modernisation of building services and has subtly introduced new high quality facilities to enhance the asset’s status, providing one of Adelaide’s market leading office environments."
An extensive upgrade of the mechanical plant improved the energy efficiency of the building, which was now nudging 5 Star NABERS. Also included in the refurbishment were new hotel-standard bathrooms, compliant disabled facilities and enviable end-of-trip facilities.
“These improvements, particularly the end-of-trip facilities, combined with the large efficient 1,500 – 2500sqm floor plates, stunning atrium and 100-seat theatrette made the decision to select this building quite easy for Data Action,” Mr Cranna said. “If you provide a quality environment, the tenants will come.
“The owner of Allianz Centre continues to strive to make this the best office building possible. The capital expenditure program is continuing, with new destination control lifts being installed and building security services including the BMS and CCTV are being upgraded again.
“Planning has advanced for the atrium floor at ground level to be activated to give an ‘internal street’ feel. A large upper level balcony is also earmarked to become an appealing outdoor meeting area and garden."
Mr Cranna said the commitment of the owner has both encouraged existing tenants to stay and expand, and attracted new ones. This has seen vacancy in the building reduce from over 20% three years ago to now, where Allianz Centre is again close to being fully occupied.