Toyota Finance chooses Harry Seidler office for HQ
Toyota Finance Australia will relocate its headquarters from the lower north shore to the CBD, near The Rocks.
The 52 year old group, the country’s largest car lender, has committed to 3740 square metres or two floors of the Harry Seidler designed Grosvenor Place at 225 George Street.
Blackstone, with a 75 per cent stake, and Arcadia, are the landlords.
JLL’s tenant representation division acted for TFA.
The financier will relocate from Building B, 207 Pacific Highway, St Leonards, six kilometres from town, held equally by Altis Property Partners’ Barings and Aware Real Estate.
The company accommodates some 450 staff there.
About 600 are expected at Grosvenor Place.
Another Grosvenor Place deal
Known for its large floorplates, Grosvenor Place contains 84,000 sqm of Prime grade area over 500 basement car parks (story continues below).
It suffered a vacancy hit last year when Deloitte quit a 30,000 sqm tenancy after three decades for the new Quay Quarter Tower.
The Seidler skyscraper sits on a site with the heritage listed Royal Naval House (known by the address of 32-34 Grosvenor St) and Johnson’s Building (233-235 George St).
More than $70m has been spent on upgrades and renovations since 2014.
Three years ago, the lobby was refurbished, end of trip facilities were added and touchless lift technology was incorporated.
TFA will join Ord Minnett which committed to a 3500 sqm tenancy in 2021 – marking a return to the building after 16 year hiatus.
Other tenants in the 44 level tower include Australian Payments Network, Australian Retirement Trust, which is Brisbane based, Grant Thornton, Wotton + Kearney and Macpherson Kelly.
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