In one of the most significant office leasing deals this year, Mastercard have secured 72 Christie Street St Leonards consolidating staff from their Rozelle and North Sydney offices.
72 Christie Street St Leonards will provide circa 12,000sqm of A grade office space that includes large terrace style balconies and City views. The building has a modern campus like feel given its huge atrium lobby, large 1,500sqm+ floorplates and interlinking stairs.
Located on the southern section of Christie Street close to St Leonards Railway and The Forum retail precinct, the St Leonards precinct will offer Mastercard a plethora of local amenities with many restaurants, cafes and retail facilities nearby, including Fitness First. Furthermore, the immediate area is set for a material transformation with the construction of the new Crows Nest Metro Station to be completed in 2024 together with neighboring developments providing greater a range of amenities and public space.
Cadigal’s Marcus Pratley negotiated the new 10-year lease representing the building owners Anton Real Estate Partners.
Mr Pratley said the property was very well received in the market and in addition to MasterCard, had a number of other large corporates looking at the building. Supply on the North Shore remains extremely tight particularly for tenants wanting 2,000+sqm.
Mastercard was seeking a new solution to their premises in Rozelle and North Sydney with a focus on staff amenity and public transport. Once they inspected 72 Christie Street the idea of having ownership of the entire building and bringing everyone together to form an Australian Headquarters started to gain traction.
Mastercard will be in good company surrounded by other large occupiers including Ramsay Healthcare, Toyota, Verizon, APN, IBM, Cisco, Campari, and Coca-Cola just to name a few.
Mr Pratley said the deal was testimony to his client’s vision for the building and refurbishment strategy. MasterCard are currently finalising their fitout and are expected to take occupation in Q3 2018.