Hines and Peterson reach full occupancy of former Central Bank headquarters offices
Hines, the international real estate company, and Peterson Group, the Hong Kong-based real estate investment company, have reached full occupancy of the Central Plaza offices on Dame Street in Dublin, after reaching an agreement with the private investment manager , Neuberger Berman, for the remainder of the regime’s housing.
The deal, which was negotiated by Knight Frank Ireland, will see the US-based investment firm occupy all 2,650 square feet of space on the second floor of 2 Central Plaza.
News of the transaction comes just four months after the Irish Times announced the Pokémon Company’s agreement to a long-term lease of 5,000 square feet of office space at 2 Central Plaza, the classic commercial building immediately. adjacent to the former San Stephenson designed headquarters of the Central Bank (now known as One Central Plaza). Central Plaza also includes properties adjacent to 6-8 College Green and 9 College Green.
The eight floors of offices at One Central Plaza have been leased to flexible workspace provider WeWork, and with Amtrust Financial occupying 6-8 College Green, the program is expected to accommodate more than 1,300 office workers. When completed, the Dame Street complex is expected to create more than 300 new full-time and part-time retail and hospitality jobs across the five buildings.
Hines Ireland Director Peter Lynn said: “We are delighted to confirm this week that all 95,000 square feet of office space available at Central Plaza has now been fully leased. We are very proud to work with top names such as WeWork, Amtrust and Neuberger Berman among our major office tenants. Office fit-up will begin in August and September, and we hope to see the new occupants of Dublin’s first mixed-use program arrive in time for Christmas.
Central Plaza will also include retail stores, restaurants and cafes at street and basement level. The existing plaza was enlarged to create a new streetscape towards College Green and along Fownes Street and Cope Street, creating a link between the offices, shops and tourist destinations of Grafton Street, College Green and Temple Bar.