Office deals being completed in the heart of Cork city

A number of new office occupiers and sale deals are coming to an end-of-year close in the heart of Cork city, at Lapps Quay, at City Quarter, and at the Elysian, where a new walk-in medical clinic is set to open next month and where a new restaurant letting is agreed. Plus there’s 12,000 sq ft of offices at the Elysian under active negotiation via Lisney.

Hard-hat activity levels are visible this week at fit-out at the Elysian for health company Affidea, and at City Quarter, which is now inching back to full occupancy. And, into the suddenly frenetic fray comes the arrival of floor 4, at 5 Lapps Quay, with 4,100 sq ft of offices available to buy, at close to €200 per square foot. The entire floor in the Lapps Quay building developed by O’Flynn Construction is listed with Sam Daunt of Savills, and Dennis Guerin of Frank V Murphy & Co, at a guide price of €800,000, and both investor and owner-occupier interest is anticipated.

Vacated by an accountancy firm, the 4,100 sq ft floor is mostly in cellular offices and if bought by an investor “there’s a line of inquiries out there right now to rent it,” say the joint agents.