Kennedy Wilson has completed the sale of South Bank House and The Warehouse, Dublin 4 to Google.
Situated on Barrow Street in Dublin’s South Docks, South Bank House was completed in 2006 and provides over 62,000 sq ft of Grade A offices. The Warehouse sits on the waterfront to the rear of South Bank House and comprises a 19th century, three-story warehouse building over 19,500 sq ft that was extensively refurbished to provide modern office space. Both assets are leased in their entirety to Mason Hayes and Curran.
The two properties were acquired by Kennedy Wilson in July 2013 and sit adjacent to Boland’s Quay, a mixed-use development due to complete in Q1-2020, which was also acquired by Google in May 2018.
Alison Rohan, Head of Ireland, Kennedy Wilson, said: “Strong execution of value-enhancing asset management initiatives across both South Bank House and The Warehouse, alongside the thriving redevelopment of the Barrow Street area, has culminated in this successful sale. It has been a pleasure to work with Google again and wish the team every success.”