Boeing leases a third of Brisbane office

The foyer, end-of-trip facilities and gym, set to be completed in 2024.

Boeing has pre-committed to a Brisbane office being renovated by Dexus.

The aviation group has signed up for 12,000 square metres over nine mid-rise levels at 123 Albert Street.

The agreement covers 32 per cent of the asset’s lettable area.

Boeing is expected to move in from July, 2024.

“Boeing’s pre-commitment is further demonstration of organisations engaging around the quality of their future workplace which is driving a flight to quality in the Brisbane market,” Dexus general manager, Queensland and project Leasing, Matthew Miller, said.

Boeing joins Deloitte, MinterEllison

Dexus developed the 31 level, 38,000 sqm office in 2010, following a 10 year pre-commitment by Rio Tinto for two thirds (25,000 sqm).

Eight storeys is allocated for car parking (story continues below).

The upper level view from 123 Albert Street.

Following the Boeing deal, and recent agreements with Deloitte and MinterEllison, Dexus has the top nine floors of the asset to fill.

“This asset will benefit from continued investment in the precinct as a result of improved transport infrastructure,” Dexus executive general manager, Kevin George, said.

“ESG [Environmental, Social and Governance] was front and centre to our repositioning strategy and we’re confident of securing more quality, like minded customers to join Boeing in coming months,” he added.

“123 Albert St is a revitalised business hub located within a 24/7 precinct at the centre of Brisbane’s CBD, with access to modern retail and lifestyle amenity and the Albert Street Cross River Rail station currently under construction,” according to a Dexus statement.

“The building has a focus on wellness, with high quality end-of-trip facilities and services, smart building technology and 6-star Green Star As Built…rating”.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of