Mitre 10 offers to share its flagship

11:30 AM Wednesday June 3, 2015 Colin Taylor

Artist’s impression of national support centre building for Mitre 10 (NZ) Limited

About 1400 square metres of ground floor office space is being offered for lease within a new flagship national support centre building planned for Albany on Auckland’s North Shore by Mitre 10 (New Zealand) Limited.

The 7000 sq m premises in the Orchard Business Park has been designed by Williams Architectsand will accommodate over 200 Mitre 10 New Zealand staff on the top two office floors of the three-level building plus part of the ground floor, which will house Mitre 10’s innovation centre.

Enabling works have commenced on the site with the main construction due to commence around August to September and occupation scheduled for the fourth quarter of next year. 

Bayleys North Shore Commercial has been appointed as master agents for the leasing of the balance of the ground floor. Bayleys’ agent Dean Gilbert-Smith says Mitre 10 is willing to consider various leasing options ranging from one tenant taking the whole 1400 sq m to split tenancies.

“As Mitre 10’s national centre, this building will be constructed to a very high standard so there is a great opportunity here for one or two businesses to become co-occupants with Mitre 10. This means they will share all the benefits of being in a new, highly specified building with excellent car parking in one of Auckland’s fastest growing business hubs.”

Grant Fraser, Mitre 10 NZ’s general counsel legal and property, says rapid expansion and sales growth over the past five years is behind the decision to relocate the national support centre from its current base in the Wairau Valley. The centre services the cooperative’s 81 locally owned and operated stores nationwide.

“In the decade we’ve been at our current base in View Road, our support centre staff numbers have grown from around 140 to 220. With the lease on these premises up for renewal we decided to look at options to better accommodate our strong recent growth as well as set our business up for the future.”

Fraser says although options were canvassed right across Auckland, a decision was made to stay on the North Shore. “Mitre 10 has had a strong association with the Shore since it was established here 40 years ago. A significant proportion of our support centre staff live here and this is a strong positive factor for them, so that was also a key reason for staying on this side of the bridge.”

Mitre 10 has acquired a 1.2 hectare block of land at Orchard Park from Goodman Group, which is overseeing the master development of a 12 ha bare land site into a business park located between State Highway One and the Albany Expressway. “We like what Goodman is doing there in terms of enhancing the amenity value of the location for business occupants by adding service retailers and food and beverage outlets as well as a childcare centre,” Fraser says. “Orchard Park is also close to the Westfield Shopping Centre, is easily accessible from the motorway and there’s excellent public transport nearby.”

The greenfields site has also enabled Mitre 10 to provide a generous amount of car parking around the building for staff, visitors and ground floor occupants. “The latest in building services technology and energy efficiency features will be incorporated into the building which will have a positive impact on total occupancy costs,” says Fraser. “We are making a significant investment in developing a building that we are proud of and which will provide a great working environment for our team as well as other occupants in the building.”

The Mitre 10 national support centre services close to 5000 people who work across the Mitre 10 and Mitre 10 MEGA store network which celebrated its 40th anniversary last year by breaking through the $1 billion sales barrier for the first time. Revenue for the June financial year was up 10.15 per cent to $1,043 million from $944 million the year before.

Dean Gilbert-Smith, Bayleys.jpg

Dean Gilbert-Smith.

What’s on offer?

Space to lease: In planned Mitre 10 national support centre..

Location: Orchard Business Park, Albany.

Agency: Bayleys North Shore Commercial.

Area for rent: 1400 sq m on ground floor.

Features:

  • One tenant for total area or split tenancies considered.
  • High quality building with plenty of car parking.
  • Enabling works have commenced.
  • Main construction to commence August-September.
  • Ready for occupation fourth quarter of 2016..