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Bayleys head office moving to new location

Tags: Auckland Commercial

The increased floorspace requirements of a fast-growing business have spurred real estate agency Bayleys to move to new head office premises.


Bayleys will be moving from its Central Auckland headquarters in Viaduct Harbour Avenue to new purpose built premises 200 metres away on the corner of Gaunt and Halsey Streets. The move is scheduled for June next year.

The company will occupy three levels of a six storey building currently being developed by the ASX listed Goodman Group. The new Bayleys corner-site offices will be situated directly opposite the Microsoft and Hewlett Packard Building and Sofitel hotel.

Bayleys has negotiated signage and naming rights for the building – which will encompass a total of 8813 square metres of commercial space and an additional 883 square metres of ground floor food and beverage-focused retail outlets. Bayleys will occupy 3525 square metres of space and 70 of the 247 available car parking spaces.

 

The company has taken a 12-year lease on the Gaunt Street/Halsey Street premises, with two six-year rights of renewal. The deal was brokered by Bayleys leasing agents Paul Hain and Andre Siegert following a comprehensive due diligence process. A legal firm will be taking level three of the building, with levels four and five yet to be leased.

Bayleys has been in its current location since 1999 – when staff numbers were less than half of their current complement. Bayleys’ move to the Wynyard-fringe location is part of big wave of corporate relocation in the precinct, which will also see dairy giant Fonterra moving its headquarters to a neighbouring commercial block in 2016, and international IT services firm Datacom moving to a third building in the hub in 2017.

For a ‘bigger picture’ view of the greater Wynyard Quarter precinct development, click here.

Bayleys Real Estate managing director Mike Bayley said the company’s head office activities – now encompassing wholly-owned property services and management entity Bayleys Property Services, as well as sizable marketing and back-office divisions – now encompassed 223 personnel, and the company had outgrown its existing office space.

“It was time for either a complete refurbishment of our existing premises, or a relocation into bigger and newer premises that will enable us to deploy the fastest and latest technology solutions for our personnel,” Mr Bayley said.

“The opportunity to relocate just 200 metres away met the business requirements in terms of seeking the most modern green star rated environment for our staff and clients, and comes with the additional benefit of future proofing the business for continued growth.

”The ground floor of the new offices will house Bayleys’ auction rooms, as well as meeting space, and the company’s licensed café. Staff will be housed on levels one and two – which will both be connected by an internal stairwell.

“Goodman has a well-earned reputation for building state-of-the-art five-star green-rated buildings for the corporate sector. These credentials gave us great confidence to take on the tenancy in what is fast becoming Auckland’s city-fringe commercial hub,” Mr Bayley added.

“We are currently in the process of coming up with innovative internal design plans for our floorspace – particularly on the ground floor which is effectively our public facade. The design brief for this area has been to make maximum efficient use of the public spaces – factoring in our auction services, meeting rooms, and foyer/reception seating.”

Goodman’s general manager of development, Peter Dufaur welcomed Bayleys on board as a cornerstone customer in the new building.

“Our VXV precinct in the Viaduct Harbour area is fast becoming an innovation cluster for the city’s commercial scene. Fronting onto Fanshawe Street it’s already home to Air New Zealand, Microsoft, Hewlett Packard and Vodafone, key customers who will soon be joined by Fonterra, Datacom and of course Bayleys… all companies considered to be at the leading edge of their respective fields,” Mr Dufaur said.

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