The accolade recognises the team’s outstanding achievement in the sale of Data61, 13 Garden Street, South Eveleigh, a landmark transaction that underscores Cushman & Wakefield’s leadership in the office investment market.
The property, located in one of Sydney’s best-performing fringe office markets, was sold for $116 million in June 2025 to Marprop Real Estate Investors. The asset boasts market-leading ESG credentials, being the only 6-star NABERS Energy rated building between 5,000 – 15,000 sqm in the Sydney CBD fringe.
With a net lettable area of 11,202.9 sqm, 64 car spaces, and major tenants including the Australian Government and CSIRO, the deal reflects strong investor confidence in premium, sustainable office assets.
The transaction achieved a sale price of $116 million, reflecting a passing yield of 6.75%, a fully leased yield of 6.94%, and a market yield of 6.85%, with 99% occupancy, a WALE of 1.8 years, and a rate of $10,354 per square metre.
Steven Kearney, Head of Capital Markets NSW, Cushman & Wakefield said "We are honoured to receive this award, which is a testament to the hard work and expertise of our team.
“The sale of 13 Garden Street highlights the continued strength of Sydney’s fringe office market and the growing importance of ESG credentials in driving investor demand. This transaction reflects our commitment to delivering exceptional outcomes for our clients and reinforces Cushman & Wakefield’s position as a market leader in capital markets."
