In the Media

  • North Lakes attracts timber company It's a growth area

    Published in: Courier Mail
    Published on: 10 Aug 2012

    QUEENSLAND'S largest plantation company, HQPlantations, will uproot and head to Brisbane's outer northern suburbs after securing a base in North Lakes' new office park precinct. The company has committed to 719sq m of office space for $335/sq m a year plus outgoings in the Lakes Vista Office Park at 2-4 Flinders Pde.

    Excel Development Group's Rod Colwell who, along with Tony Justo from Colliers International, closed the deal, said North Lakes was emerging as the new CBD for southeast Queensland's northern trade corridor. He said many businesses no longer needed to be based in Brisbane because of video-conferencing capability. "The benefits for larger organisations are significant, with lower lease and operational costs, extensive car parking, less travel time and affordable housing options for employees as well as proximity to the Sunshine Coast," he said.

    HQPlantations is set to move into Lakes Vista by next month. It will have access to a "world-class IT platform" including dark-fibre connectivity, onsite date recovery and a telepresence conferencing facility. Mr Justo said the complex's technology was "definitely superior to other developments (in the area)". "(HQPlantations) have been extremely pleased with the process and the end result of the negotiations because of the very competitive terms," he said. The 12-building complex will be completed within the next two years.

    Story by Jason Dudley