City project is right on track
A chance to pick up a business foothold on the city side of the rail station has come up with the move by process engineering and project management company DPS to the East Gate Business Park.
The company, which employs 250 people in Cork, Dublin and the Netherlands, is taking 10,000 sq ft at East Gate, where rents average €18 psf, in a deal negotiated by CB Hamilton Osborne King.
As a consequence, the growing company is assigning the lease on its space at St Patrick's House, Lower Glanmire Road, a first floor office suite of 377 sq metres, through Niall Guerin of the CB Hamilton Osborne King.
It is held on a 35-year lease from 1982, with a current rent of €41,000.
It has five private offices, an IT room, open plan office area, conference room and two other departmental offices, has air-con, IT cabling and other facilities.