April 11, 2016

GVA DOB advises HubSpot on the acquisition of their new premises in One Dockland Central

The recently rebranded One Dockland Central is to welcome its first occupier with the news that HubSpot is to lease almost 27,500 sq ft.

HubSpot is a leading provider of inbound marketing and sales software and will occupy the third and fourth floors of the building and 14 car parking spaces on a 20 year lease, with a tenant-only option to break after 10.5 years. HubSpot will pay rent of c. €1.3 m per annum, equating to headline rent of €45 per sq. ft. for the office space, before inducements.

Formerly known as Commerzbank House, One Dockland Central was purchased by Hibernia REIT plc in 2013 and is currently benefitting from an extensive modernisation throughout including the upgrading of the common and reception areas. Work is due to complete in early 2016.

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