MAJOR LEASE DEAL TO WA STATE GOVERNMENT

Sheffield Property is delighted to announce the WA State Government has signed a lease of over 8,000sqm of A Grade office space at 130 Stirling Street Perth.

The commitment, for an initial 10-year term, is a major boost to the Perth office market and marks the largest office leasing transaction completed in the city in almost two years – just topping the 7,800sqm deal at 1 Nash Street signed by the State Government in December 2020, which was also brokered by Sheffield Property on behalf of specialist Fund Manager Corval.

The lease at 130 Stirling Street was negotiated by Sheffield Joint Managing Director Digby Sutherland on behalf of the asset’s owner, Singaporean investor Hiap Hoe Group.

The 13,000sqm, 10-year-old building is in the final stages of a significant capital enhancement program to create a high quality modern workplace managed by Sheffield Asset Management Director Adam Ahern.

View the Business New article here https://bit.ly/2OtsXr5

Share on FacebookTweet about this on TwitterShare on LinkedInEmail to someone