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Case Study

Adding Value for Lowe Limited

Lowe Ltd is an advertising agency located at 15 Hopetoun Street in Auckland’s CBD.  Due to their changing business situation, they were looking to consolidate their space requirements. As such, they had two surplus floors they needed to sublease as soon as possible.

Jones Lang LaSalle pitched for the opportunity to run a short sole agency marketing campaign for Lowe Ltd, and won. Lowe’s decision to employ Jones Lang LaSalle as their dedicated leasing agents was a smart one.

We enacted an aggressive marketing campaign targeting current city fringe tenants. We found Beca Corporate Holdings, who were located nearby and needed additional space. The entire deal was done well within the six week timeframe, with Beca taking on Lowe’s additional 1,100 sqm of office space and 25 car parks for the remainder of their lease term.

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