Green REIT plc has announced that Barclays Bank Ireland plc will be the first tenants at its flagship development at One Molesworth Street in Dublin 2.
The letting agreement at the iconic city centre building covers 3,437 sq m (37,000 sq ft) over two and a half floors of a total of five floors of office space.
Barclays also have an option up to practical completion over a further half a floor, which if taken up would bring the letting to approximately 4,200 sq m (45,000 sq ft).
“We are delighted to have secured our first office letting at One Molesworth Street, our flagship building at the heart of Dublin’s central business district, and to have secured such a high calibre tenant as Barclays,” said Paul Culhane, Development Director of Green Property REIT Ventures.
“We look forward to leasing up the balance of the office space and our retail space, where discussions are ongoing with prospective tenants on both fronts.”
Barclays has leased 55% of the total office space, and the remaining space to be let comprises the balance of the third floor (subject to the Barclays option as set out above) and the fourth and fifth floors, totalling 2,900 sq m (31,000 sq ft).
The remainder of the building, including the 1,672 sq m (18,000 sq ft) of retail space at ground and lower ground level, will be ready for fit out in Q4 2017.
One Molesworth Street has been designed with two separate expressions reflecting the different character of the streets, giving a finish synonymous with the best buildings in the world.
The building will feature column free spans which are a first in the Dublin market and truly set One Molesworth Street apart from its competition.
The Henry J Lyons-designed building exudes quality and maximises the occupier experience, meeting the highest standards of sustainability and achieving the LEED Platinum accreditation at a minimum.
See onemolesworthstreet.com for more details.