05 March 2011
The four storey Quad5 will be the first new office building to be constructed in Auckland Airport’s new 10 hectare commercial Quad precinct and it is now being released to the market for lease off the plans.
Scheduled for completion in the middle of next year, the building will stand at the heart of Auckland Airport’s Business District on Leonard Issit Drive, just off George Bolt Memorial Drive, and will have a five star green rating.
Offering about 4800 sq m of total lettable space, Quad5 is being marketed for Auckland Airport by master agents Matt Lamb and Sam Gallaugher of Colliers International.
Gallaugher says Quad5’s construction will take about one year. “Full floors are available for lease, as well as smaller tenancies, and there is an opportunity for naming rights in the new building.”
Quad5 will offer 850 sq m of retail and commercial office space on the ground floor, accommodating up to three tenancies, including convenience retail, office and a gym. Auckland Airport will occupy 1750 sq m of new offices on the first floor and the two floors above will each contain just over 1000 sq m of commercial space available for lease.
Lamb says the new office development ticks all the boxes for modern premier class occupiers. “It will be one of the country’s best new office locations, next to the country’s largest transport hub and it has been designed to world class standards by Jasmax, with ample parking available on site.
“Auckland Airport is also demonstrating its confidence in the building and the location by taking 1750 sq m on the first floor.”
Peter Alexander, general manager of property for Auckland Airport says the Quad5 has been designed to provide flexible commercial space to suit a full range of business requirements. “The new office fits our own needs extremely well and it showcases the level of quality we are aiming to achieve across the entire Auckland Airport Business District.”
The Quad commercial district forms the heart of the seven districts of the 433 ha Auckland Airport Business District that Alexander describes as “among the most intensive commercial property development programmes in New Zealand”.
Focussed mainly on office activities, with some hotel accommodation and retail to service passengers and airport workers, The Quad is already home to businesses that include BNZ, Air New Zealand, Jet Cconnect, Altitude Aerospace, Qantas, Subway, McDonalds and St Pierre’s sushi.
“This is a 24/7 environment with on-site security teams, the airport emergency services team and a police presence,” says Alexander. “As an established, reputable and committed landlord, Auckland Airport has a strong financial position and the expertise to ensure that needs of business tenants are met within our buildings.”
Gallaugher says that he is targeting tenants looking for an A-Grade HQ building of 400 sqm or more outside the CBD. “Companies coming here will take advantage of the range of amenities and exceptional transport links that exist.”
He says companies seeking a high level of security of power supply will find the Quad and the new building attractive. “The Auckland Airport network has a separate electricity supply via two independent feeders, meaning that in the event of loss of supply to one of the supply sources there is still sufficient supply available for the airport site. As with power supply, the fibre optic network at Auckland Airport is very secure and runs at an actual uptime of 99.99 per cent.”
Sean Leonard, property development manager for Auckland Airport, says The Quad is being developed at a rapid pace, with three buildings planned for erection in the space of one year.
“Next to Quad5, a 125-room Formule1 hotel is well underway and due to be completed in August 2011 in time for the Rugby World Cup.”
Also designed by Jasmax, the hotel will be six levels in height, with the ground floor comprising hotel reception and around 700 sq m of retail tenancies that include a restaurant/bar and cafe.
Opposite the Formule1 hotel and Quad5, an 1800 sq m glass fronted private training facility is set to be built for Travel Careers and Training which will open in June 201. It will provide space for up to 200 cabin crew to be trained at any one time and will house a plane fuselage.
Leonard says the size, scale and positioning of the precinct gives Auckland Airport the ability to provide flexible and highly competitive packages, each tailor-made to fit the needs of individual businesses.
Neighbouring amenities include a golf course, driving range, gym, high ropes course, childcare, marae, mini golf, Butterfly Creek, service station and the Airport Shopping Centre, which includes a Countdown, The Warehouse, a medical centre and a pharmacy.
Gallaugher says the new airport office and commercial precinct has easy access to motorways and is only 21 kilometres from Auckland's CBD.
He says transport planners are committed to growing accessibility to the airport with public bus services to and from the CBD every 15 minutes since the new State Highway 20 extension was completed.
“Quad5 is also on the doorstep of by far the largest airport in New Zealand which connects to 35 international destinations via 100 plus international flights every day. Auckland Airport is one of the top 10 airports in the world, as voted by 9.8 million travellers in the 2009 and in the 2010 World Airport surveys conducted by UK-based aviation research organisation, Skytrax.”
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