Although much of the office space in the 7 blocks has already been accounted for, there is still prime space available for tenants looking for quality offices.

Dave Russell, a director of Baker Street Properties, who have already negotiated leases for a sizeable portion of the development, says,” Top international brands such as Zurich Reinsurance and Swiss Re, as well as major local companies Medscheme and Alexander Forbes, have together signed leases for 20,000m2 of the available space. Other tenants include advertising/marketing companies Quirk e Marketing, The Teamworks, Web Africa, and Bester Burke with CN Furniture who are part of the Bidvest Group taking prime showroom space facing Eastern Boulevard. It is interesting to see how the office park appeals to both the financial and creative sectors of the market says Russell

“The success of The Boulevard has been the ability to provide the right property at the right price, for tenants looking for the right solution to their office requirements.”
 
“Baker Street Properties have themselves moved into the development being the first owner/occupiers to move into their premises in June this year. Subsequently other tenants and owner/occupiers have taken occupation, with more to follow in the coming months. “

Being the largest CBD fringe office complex in Cape Town and one of the largest dedicated office parks in South Africa, The Boulevard is located on the Eastern Boulevard and serves as a gateway to the Cape Town CBD. The development has a podium level, under which there are three super basements providing

nearly 1,900 parking bays for tenants and visitors. This combination of reserved and visitor bays provides one of the highest parking ratios for office users in Cape Town.

Russell continues,” The Boulevard is an architectural gem. The floors in each of the blocks have a slab to slab height of 4m with a ceiling height of 3,2m. This, combined with floor to ceiling height windows complemented by granite finishes and great views creates impressive office space in a secure office park.

Russell says that even as vacancies have increased over the past year, tenants have found it difficult to find top quality offices with parking to meet their requirements in most office nodes, however, those presently in the market are able to take advantage of prevailing market conditions to secure office space