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TIO Signs Up Two New Tenants At Dublin North Quay's Scheme

TIO's North Dock is Dublin's first nearly net-zero office scheme.

HEAnet and Interactive Brokers have joined existing occupiers at TIO’s North Dock after signing up to take a combined 34K SF of the waterfront development.

Interactive Brokers, which is the European subsidiary of Nasdaq-listed HEAnet, joins U.S. biopharmaceutical firm Gilead Sciences and Blueface in the office scheme, which reached practical completion in November 2020.  

The scheme is Dublin’s first nearly zero-energy building and is owned by a joint venture between Oaktree, Nama and the Bennett Group.

The 200K SF scheme is split into North Dock One and Two, with the buildings overlooking Point Square, next to the 3Arena.

North Dock One is 95K SF, with North Dock Two comprising 107K SF of office space.

Gilead Sciences signed up to 30K SF in 2020. The new lettings were secured by agent JLL, which acted on behalf of TIO. 

The office buildings were designed to focus on passive design qualities, with measures taken to reduce energy consumption and align with ESG standards. 

TIO has previously developed and sold 76 Sir John Rogersons Quay; the Grant Thornton HQ on City Quay; 5 Hanover Quay, which is occupied by Aptiv and DocuSign; and the adjoining OPUS residential apartments at 6 Hanover Quay.

Agents JLL and Savills are currently marketing the remaining space, which ranges from a 3.6K SF penthouse to a single office floor plate of 29K SF. TIO said up to 20K SF of office space is currently reserved with a number of floors under offer.

Megan Burke of CBRE acted on behalf of Interactive Brokers. HEAnet was advised by Fergal Burke of Avison Young.