Bayleys will be the anchor tenant in Goodmans' new six storey building now under construction within the developer's VXV precinct on the corner of Gaunt St and Halsey St in Auckland's harbourside Wynyard Quarter.
Bayley's new head office will have signage and naming rights and will occupy three levels of building situated directly opposite the Microsoft and Hewlett Packard Building and Sofitel hotel.
Mike Bayley, Bayleys Real Estate managing director, says the company is scheduled to make the 200 metre move into its new purpose built premises from its current central Auckland headquarters in Viaduct Harbour Avenue in June next year.
"The increased floor space is required due to our fast-growing business," Bayley says.
The new building will encompass a total of 8813 square metres of commercial space and an additional 883 sq m of ground floor food and beverage focused retail outlets. Bayleys will occupy 3525 sq m of space and 70 of the 247 available car parking spaces.
The company has taken a 12 year lease with two six-year rights of renewal. The deal was brokered by Bayleys leasing agents Paul Hain and Andre Siegert following a comprehensive due diligence process. A legal firm will be taking level three of the building, with levels four and five yet to be leased.
Bayleys has been in its current location since 1999 when staff numbers were less than half of their current complement.
Mike Bayley says the company's head office now houses 223 people and encompasses the wholly-owned property services and management entity Bayleys Property Services, as well as sizable marketing and back-office divisions.
The ground floor of the new offices will house Bayleys' auction rooms, as well as meeting space, and the company's licensed café. Administration staff and agents will be housed on levels one and two - which will both be connected by an internal stairwell.
Bayleys' move to the Wynyard city fringe location is part of big wave of corporate relocations to waterfront precinct with dairy giant Fonterra also moving its headquarters to a neighbouring commercial block in 2016, and international IT services firm Datacom moving to a third building in the hub in 2017.
"It was time for either a complete refurbishment of our existing premises, or a relocation to bigger and newer premises that will enable us to deploy the fastest and latest technology solutions for our personnel," Mike Bayley says.
"The opportunity to move just 200 metres away met the business requirements in terms of seeking the most modern green star rated environment for our staff and clients, and comes with the additional benefit of future proofing the business for continued growth."
"Goodman has a well-earned reputation for building state-of-the-art, five-star, green-rated buildings for the corporate sector. These credentials gave us great confidence to take on the tenancy in what is fast becoming Auckland's city-fringe commercial hub," Bayley says.
"We are in the process of coming up with innovative internal design plans for our floor space - particularly on the ground floor which is effectively our public facade. The design brief for this area has been to make maximum efficient use of the public spaces - factoring in our auction services, meeting rooms, foyer and reception seating."
Peter Dufaur, Goodman's general manager of development, says the VXV precinct in the Viaduct Harbour area is fast becoming an innovation cluster for the city's commercial scene. "Fronting onto Fanshawe Street it's already home to Air New Zealand, Microsoft, Hewlett Packard and Vodafone, key customers who will soon be joined by Fonterra, Datacom and now Bayleys - all companies considered to be at the leading edge of their respective fields," Dufaur says.