Sentinel on the move
February 12, 2021
Sentinel Group Australia has moved from its current office over two floors at 300 Queen Street to a larger floorspace in the 26-level Commonwealth Bank Building at 240 Queen Street in the Golden Triangle.
Sentinel chief executive Stacey Jones said the new office in the A-Grade office tower gave the business the opportunity to enhance company culture by having all sections of the staff in the one workspace in an openfloor setting.
“We have expanded significantly since we commenced operations in 2010 and we now have more than 100 staff, with 88 of those in Brisbane,” she said.
“In our previous building we had different departments of Sentinel working on separate floors but now everyone is on one level in an open-plan setting.
“We also have much more workspace and amenities for our staff, which is crucial as businesses like ours continue to deal with the compliance issues of the COVID-19 environment, particularly social distancing.”
The new Sentinel headquarters now covers about 1450sq m on levels 25 and 24 of 240 Queen Street. All staff occupy level 25 and the majority of the boardrooms on the lower floor.
Sentinel has a five-year lease with an option at the Brookfield Properties-owned tower and will pay a gross rental of $725/sq m.
The lease was negotiated by Neill Read and CBRE’s Mark Curtain.
Sentinel executive chairman Warren Ebert said 2020 was an important year in the history of the company as the group mixed celebrating its 10th year of operations with the many challenges posed by COVID-19.
“Sentinel has started 2021 in a strong position and we are looking forward to taking advantage of the many opportunities in the commercial property market,” he said.
Established in 2010, Sentinel has a national portfolio of more than 55 retail, industrial, office, land, tourism infrastructure and agribusiness assets worth more than $1.18bn.
Chris Herde, Courier Mail
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