Green REIT Plc recently acquired the Ormond Building, 31-36 Ormond Quay Upper, Dublin 7.
The building is a landmark office property with a strong visual identity in the heart of the city centre. The building is located on the North the banks of the River Liffey on the corner of Ormond Quay Upper and Charles Street West, directly opposite Dublin City Civic offices on Wood Quay.
Following the recent purchase, Knight Frank, on behalf of Green REIT Plc., agreed a lease with Bright Point Ltd trading as Ormond Meeting Rooms on the ground floor of the Ormond Building. The accommodation, which is approximately 380 sq.m., provides state of the art meeting room facilities commonly used for mediations, arbitrations, seminars, business conferences and private functions. Each of the nine meeting rooms are fitted with acoustic partitions, teleconferencing equipment, free wifi and all rooms are designed for those with accessibility requirements. The owners of Bright Point Ltd, Peter Moloney and Gerry Butler are delighted to have acquired Ormond Meeting Rooms which was set up in 2009 and to have agreed terms to enable the business to continue to prosper from this established location within Ormond Building.
Knight Frank is now bringing the newly fitted 3rd floor office space to the market to let. The accommodation extends to approximately 821 sq.m. (8,837 sq.ft.) net internal floor area. Also available to let, but rare to find is an impressive own door penthouse suite of 51 sq.m. (549 sq.ft.).
The development was designed by architects DMOD and constructed by John Paul Construction in early 2009, to improve upon the existing building stock within the immediate area.
The floor space now available provides extensive natural light and enjoys panoramic views, whether it’s overlooking the River Liffey, the Four Courts’ dome or the North of the City.
The quality of finishes at ORMOND BUILDING and the attention to detail is immediately apparent. The construction is a cohesive blend of classic and modern materials. The office specification within this building cannot be overstated as it offers a vastly superior standard of finish than generally provided in modern, purpose-built office buildings.
The location is underpinned by its ease of access to a wide variety of public transport facilities The immediate area is unrivalled in terms of amenities including restaurants, bars, hotels and cinemas at Smithfield, the Italian Quarter and Temple Bar and retail therapy on Henry Street and Jervis Street.
The agents are quoting €312.16 sq.m. (€29.00 psf) for the entire 3rd floor and €1,600 per month for the own door penthouse suite.