Starbucks rents a new city of 35,000 sq.m.
East Kowloon Commercial Building has speeded up its lease. Starbucks, a coffee shop brand, rents a 35,000-square-foot office building in the Millennium City of Kwun Tong and rents it for as low as 40 yuan.
According to the market news, the 5th phase of the business building in Kwun Tong, the city of Kwun Tong recorded a rental transaction involving the full floor of the 12th floor of the property and some floors of the 13th floor. The total area is about 35,000 square feet, and the rent is 40 yuan. The building is located upstairs of the apm shopping mall and is connected to the MTR exit. Therefore, the rent has always been the East Kowloon indicator commercial building. It is learnt that the new tenant is a chain coffee brand, Starbucks, for office use. The brand originally used office space in Wanchai District. The relocation can save a certain amount of rent.
US Bank of America Millennium House Calls 51 Million
According to the news, the Landmark East AXA Tower in Kwun Tong recorded a full-floor rental, covering the entire 20th floor, covering an area of about 14,000 square feet and renting it at a square of about 40 yuan. According to the news, the new tenant CITIC Group’s telecommunications department, Originally rented Taikoo Place commercial building, relocation can save rental expenses.
Xiao Huibi, director of Midland Commercial Operations, said that it exclusively commissioned the sale of 12 rooms on the 28th floor of the Bank of America Center in Central, covering an area of 1,043 square feet. The owner’s intention price was about 51 million yuan, equivalent to about 48,897 yuan per square foot.