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Wasply Creates New Hive at 15 Adelaide Street

15 November 2021

Niche recruitment firm Wasply have now taken occupation of a brand-new speculative suite in 15 Adelaide Street. Secured on a 5-year lease, Wasply are looking to cater for their growth as a company as they continue to expand.

Wasply are a specialist recruitment firm, working with businesses and individuals across Australia & New Zealand, with expertise in Accounting & Finance, Engineering, Supply Chain & Logistics, FMCG, Healthcare and Construction. After a number of years based in Newstead’s ‘Corporate House Gasworks’, Wasply came to market, set on securing a new home for the company for the long-term. The recruitment sector has, for the majority, experienced a significant upswing over the last 12 – 18 months. Wasply have felt the full brunt of this given their slice of the recruiting market.

After conducting their due diligence in both the CBD & Fringe markets, it became apparent to the team that a Brisbane CBD address was the right move for their operation. Brand awareness, staff retention and ease of access for both clientele and staff were all major drivers for this decision. We touched on this concept in our Insight piece “5 Reasons You Should Move Into A Brisbane City Office“.

Research conducted by the Caden Research Team indicates that 47% of existing Fringe tenants who are active within the market are open to options within the CBD. Reinforcing this, 97% of CBD tenants are looking to exclusively remain in the CBD. This has been derived from data pulled between Q1 – Q3, 2021.

For the Wasply team, they expressed a desire for an office space that would mitigate the want to work from home and encourage staff to enter the workspace and collaborate. The first step in this process was locating a space that not only presented well but, encouraged team building and collaboration.

This high-quality suite, delivered by Archway, features a tasteful contrast of light and dark design features, accompanied by a great aspect to the South providing views of Brisbane City Hall and its iconic clock tower. This space provides Wasply with the benefits of an open plan workspace whilst also incorporating multiple breakout spaces and meeting areas – integral for the nature of their daily operation.

Proprium Capital’s 15 Adelaide Street has experienced an increase in leasing activity over the course of 2021 which is to be followed with another rollout of high quality speculative suites throughout the property. This rollout is expected to cater for businesses looking to house anywhere from 8 – 25 staff with options suiting a range of operational structures. These brand-new suites are expected to be completed early into 2022 with opportunity in the interim to engage the Landlord and make alterations to the suites, ensuring a perfect fit for your business.

Please don’t hesitate to contact Angus Smith on 0402 954 264 or angus.smith@caden.com.au for more information on these upcoming spaces.

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