Office Development Opportunities in New Junction
A recent report by Y Research into the Midland Office Market shows high occupancy rates for A grade buildings (91%), and 100% occupancy for B grade buildings compared to older, un renovated buildings.
Government, medical and education are the major tenants, generally needing larger spaces. 7 office properties in Midland are larger than 2,000m2.
Of interest, the Report notes that of the 10 Strategic Metropolitan Centres, only Fremantle has a larger m2 of built office space than Midland.
With only 8 prime grade office buildings in Midland, the New Junction provides developers with opportunities to construct large, high quality office accommodation in the Midland town centre.
New Junction has several new sites coming to market in the next 12 months, for details contact the team on 0892789614 or online (https://www.newjunction.com.au/contact)