Caden | Office Leasing Brisbane Queensland | The partnership that works

START THE SEARCH FOR YOUR NEXT BRISBANE CBD OFFICE

Featured Listings

New to the Market

14C, 100 Edward Street
Brisbane City QLD

83m² $765/m²
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4, 200 Mary Street
Brisbane City QLD

227m² $775/m²
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6, 100 Creek Street
Brisbane City QLD

164m² $795/m²
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Calculator

Not sure how much office space you need?

Our office space calculator can help.

When you are considering the size of your new office space, you should also consider the human elements of the space and what it can do to support your people and your business.

About

Why us? Caden connects.

We’re real estate agents who understand the art of connection. Our expertise connects you to the information you need, the leasing options you’re looking for, and the process that makes it easy. We know that personal connection can make the difference.

Insights

Empower yourself with knowledge

We know leasing because that’s all we do. The more you know about it, the more effectively you can reach the outcome you desire. Find out the best of what we know, here, as you begin your journey.

Office Lease Renegotiation or Relocation?

The Art of Negotiating a Great Office Leasing Deal

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FAQs - Commercial Office Leasing

An Overview of Subleasing Office Space

Questions

The 5 key questions

To help you approach your leasing journey in the most effective manner possible, we lead you through The 5 Key Questions that will find you the answers you need.

One.

Space?

Our Office Space Calculator can help you with this.

Two.

Budget?

Incentives make a huge difference – perhaps you can achieve more for less?

Three.

Timing?

There’s a lot to consider, so it pays to start your search early.

Four.

Lease Term?

Negotiating custom fit outs, incentives and price all become factors.

Five.

Fit Out?

Understanding, ‘spec’, ‘turnkey’ and the variables at play can be an advantage.

Testimonials

What our clients say about us

Have you worked with Caden? We’d love to hear your feedback!

We appointed David as our exclusive leasing agent to assist us in procuring new office premises to house our growing team. From the beginning, David portrayed an outstanding knowledge of the office leasing market. His recommendations throughout each stage of the process were extremely thorough and always well supported by relevant market evidence. David is a very strong communicator, taking the lead where required but ensuring the process was collaborative at all times.

We have worked with David since 2002, during which time he has acted as our preferred leasing agent in Brisbane, helping us secure multiple new locations within the CBD to grow our serviced office business. We have found his ability to understand what we need from our space, together with his overall market knowledge, to be unrivalled.”

With Caden Office Leasing acting as our exclusive leasing agents, we have recently relocated the business into a larger space, with a fantastic new turnkey fit out, whilst significantly lowering our overall occupancy costs. The market knowledge and professionalism of the Caden team was outstanding, and we would strongly recommend speaking with them if you are considering your office space needs.

FAQs

We have collated 25 of our most frequently asked questions, ranging from the start of the leasing process all the way to occupation.

1. HOW AND WHERE DO I BEGIN MY SEARCH FOR NEW OFFICE SPACE?

There are over sixty (60) Commercial Leasing Agents working the Brisbane CBD and CBD Fringe areas. Office space for lease is often marketed through online portals such as realcommercial.com.au and commercialrealestate.com.au where you can direct enquiries to a variety of agents.

Some prospective Tenants will walk the streets and call off sign boards, albeit this is far less frequent than it used to be. Alternately you can contact all or some of the property services firms and ask to speak to an office leasing team member directly.

By reading this document you have indirectly started your search. Caden Office Leasing is the largest independent office leasing business in Brisbane. We have access to and information on all office space for lease across Brisbane regardless of how big or small your requirement is.

2. IF I DON’T NEED THE SPACE IMMEDIATELY SHOULD I DELAY MY SEARCH UNTIL I DO?

Not necessarily. In the current market many Landlords would prefer to capture a Tenant (assuming the lease terms are acceptable) even if the commencement date is not immediate.

For example, it is not uncommon for a Landlord to lock in a lease and rent commencement date 4-6 months beyond when a Tenant is prepared to begin a lease. This timeframe could be longer if the space has been sat vacant for quite some time.

Larger space occupiers will find that prospective Landlords are prepared to commit to a lease further in advance than they would for smaller space occupiers. An experienced leasing agent will be able to advise you on this.

3. HOW MUCH SPACE DO I NEED?

Every business has their own unique requirements, but many companies are now preferring to have their staff occupy largely open plan, collaborative working environments.

The majority of open plan office spaces are designed to accommodate staff at a ratio of approximately 1 person per 10m2 – 12m2 (of space). Tenants that have requirements for a greater number of offices (legal firms for example) will generally design their tenancies at a space per person ratio of more like 1 person per 15m2 – 18m2.

It is best to start by determining the number of people that you are looking to house. An experienced leasing agent will then be able to provide a size range for you to work with. It is important for tenants to get out and have a look at some premises early in their search as it often helps to give context around the sizing of space.

If a Tenant has a strong preference to do a new fit out rather than find a tenancy with an existing fit out, it is then organised for a designer to do an indicative space plan to ensure the search is focused on tenancies of the right size.

Caden’s office space calculator is also a great tool that will give you an estimate if your space requirements. This can be found at www.caden.com.au/office-space-calculator/.

4. WHAT INITIAL COSTS ARE INVOLVED IN TAKING OUT A LEASE ON AN OFFICE SPACE?

1) Most Tenants will engage a lawyer to negotiate a lease on their behalf and therefore incur legal fees;

2) A Tenant may be required to pay the cost of any Title Searches or other supporting documentation required to support the lease;

3) A bank guarantee is generally required (by the Landlord) as security against the performance of a lease. Most financial institutions will charge a fee to coordinate and produce a bank guarantee;

4) If the Tenant needs to update their insurance policies (as per the lease) to comply with the lease their insurance company may charge a fee for this.

Note* It is important to check with the Landlord should they require any other payments, particularly if you are undertaking a fit out within the premises. It is also important to check with your solicitor should there be any other costs applicable under the lease.

5. HOW MANY PROPERTIES SHOULD I INSPECT BEFORE CHOOSING A PREFERRED SPACE?

This largely depends on the individual. Some Tenants like to look at a range of properties/tenancies and others prefer to look at a lot less. Market conditions at the time of the search may also dictate how many properties are available to inspect. If vacancy is low there may only be a few viable options, whereas if vacancy is high there could be many.

The vacancy rate within the Brisbane CBD is currently trending above the long-term average and therefore options are aplenty.

In general terms, many Tenants don’t have an exact brief at the beginning of their search. Therefore the process of inspecting tenancies is important in assisting them in making decisions as to the size of space, appearance and budget.

Ultimately there is no right and wrong answer to this question. An experienced agent will show a prospective tenant as many spaces as is required for them to be sure that they are making the right decision.