Publishing company signs lease on new chapter in Adelaide CBD

Solstice Media has committed to a new office sublease in Adelaide CBD, in a move to be closer to its diverse advertising and editorial client base.

The South Australian publishing company, which collates InDaily, The Lead, The Forager and The Southern Cross took over 135 square metres of office space on level three at 169 Pirie Street earlier this month.

Savills Australia’s Adam Hartley negotiated the two-year lease term on behalf of sub-lessor Lucid Consulting Engineers at a rate of circa $420 per square metre, per annum.  

Hartley said the tenant wanted to be closer to the heart of the Adelaide CBD, which made the Hindmarsh Square location a suitable option. 

“Solstice Media was also able to take advantage of the existing fit-out, which was improved to suit their occupancy," he said.

“A recent upgrade to the property has provided A-grade bathrooms and new end-of-trip facilities.”