Adidas to Move From One Mulgrave Address to Another

SPORTS brand Adidas will relocate from one Mulgrave office to another, after signing a 3600 square metre lease deal at the Nexus business park on Dunlop Road.

Adidas will relocate from a Springvale Road office it has occupied for about 15 years.

The group is reportedly paying a rent of $275 per square metre, per annum, though it is not known if this is gross or face. The AFR reports average office rents in the area are between $270 to $280 per square metre, per annum.

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