Target Head Office
2 Kendall Street, Williams Landing
The Target Head Office at Williams Landing was bought from Cedar Woods by Centuria for $58.2 Million. Hacer engaged KPA Concrete Construction to provide concrete form-work for this complex. The sale to voracious investor Centuria Property Funds reflects the level of demand in the buoyant markets of Melbourne and Sydney and the intense investor demand for property assets with a guaranteed income.
Cedar Woods struck a deal with Target last December to build its new headquarters. Target committed to a 10-year lease for a 12,919 sqm office building in a high-profile position next to Williams Landing train station.
The commercial establishment will consist of a 3 storey undercover carpark accommodating 466 car spaces and 4 commercial office levels. This project will be due for completion in 2018.
To read more about the project, please click here.