Southern Cross Austereo will relocate its studio within South Melbourne.
The media group has signed a 10-year lease for 3000 sqm – being the second floor – of Deague Group’s recently completed 101 Moray St.
It is presently at the Clarendon Centre at nearby 257 Clarendon St.
SCA chief financial officer Nick McKechnie said suburb “was the long-established heart of much of Melbourne’s advertising industry”.
The new office “will enable SCA to gain efficiencies from its studio facilities, which will be digitally branded so they can be utilised for any audio content production across all our brands,” he added.
The company owns platforms Hit, Triple M and, for podcasting, LiSTNER.
Earlier this month, co-working group The Commons established a space, Central House, at 101 Moray St (story continues below).
Each of the building’s seven levels has a balcony.
A restaurant occupies part of the ground floor.
There is also a gym with a small basketball court and end-of trip facilities.
The building has a concierge and tenants can utilise a Chauffeur-driven Mercedes Sprinter for travel.
Deague will now offer the office for sale.