Valorem and Revelate secure two tenants for Liberties office scheme

Banach Technology and Infineon sign for penthouse and fourth floor at Eight Building

The Eight Building at Newmarket Square in Dublin’s Liberties.

The Eight Building at Newmarket Square in Dublin’s Liberties.

 

Valorem Investment Partners and Revelate Capital have secured the first two lettings at the Eight Building, their new office and retail development at Newmarket Square in Dublin’s Liberties.

Banach Technology have agreed to lease the scheme’s 743 sq m (8,000 sq ft) penthouse, while the fourth floor, which extends to 1230 sq m (13,250 sq ft) has been let to multinational Infineon on a 15-year lease. Banach were represented by John Birmingham while Infineon were represented by Murphy Mulhall.

Designed by leading Irish architects, Reddy Architecture + Urbanism, the Eight Building comprises a total of 6967 sq m (75,000 sq ft) of grade A office accommodation, along with several artists’ studios, and 603 sq m (6,500 sq ft) of food market space.

The offices offer occupiers flexible floor plates, three 15-person high-speed lifts, VRF air conditioning throughout, basement showers, changing rooms, additional storage space, 2.9m floor-to-ceiling heights, category A fit-out and ample car and bicycle parking at basement level. The building also has two large terraces located on the first and penthouse floors.

The Eight Building’s potential as a location for business is enhanced by its position within one of the capital’s most vibrant and accessible areas. While the Dublin 8 area is home to about 23,000 people, this is expected to grow significantly with up to 3,000 apartments set to come on stream in the coming years at nearby sites including the Player Wills Bailey Gibson lands on the South Circular Road, Heuston South Quarter, the former DIT Kevin Street campus and at Diageo’s St James’s Gate Quarter.

The joint letting agents CBRE and Cushman & Wakefield are now actively marketing floors 1-3 at the Eight Building with leasing opportunities available ranging from 278 sq m (3,000 sq ft) to 464 sq m (5,000 sq ft), to 4,830 sq m (52,000 sq ft).