Inner-East Vacancy Rate Tightens for Quality Fitted Office Space

Adapt Capital have leased 420 sqm of prime grade office space for a 3-year term at 801 Glenferrie Road, Hawthorn through Gorman Commercial’s Richard Height. “The inner-east vacancy rate continues to tighten with limited opportunities for quality fitted space in the Hawthorn and Camberwell areas,” Richard Height said. Other sources advised a likely rental of $385/sqm.