Property management

Frascati Shopping Centre was acquired in 2015 by Gresham House Real Estate Limited on behalf of an international property investment fund managed by Invesco which is a major US financial institution. In early 2017, we began an extensive development project which provided for extending and remodelling the existing centre.

This exciting scheme was designed to rejuvenate the Frascati Centre by delivering contemporary retail units which will respond to modern retailer demands. A new road junction has been built on the Frascati Road which incorporates a right turn into the centre when travelling from the city and a right turn onto the Frascati Road when exiting the centre.

The centre was officially re-launched in October 2019 offering a greatly enhanced shopping experience along with Irelands first dedicated health and beauty quarter and a new food and beverage hub.

www.frascatishoppingcentre.com

The property comprises a modern three story, semi-detached office building of approximately 2,739 sq m (29,483 sq ft) gross internal area with 90 parking spaces located at basement and surface levels. The building has recently undergone refurbishment. Tenants include Maxim Integrated Products, Jefferson Payroll and Pinergy.

Modern, high-profile five storey office building over shared basement, extending to approximately 4193 sqm (45,142 sqft) with 82 car spaces. The building is ideally located just off the N11, with views of the Wicklow Mountains and the Irish Sea. The floors have been designed to provide flexible layouts with an impressive reception lobby and water fountain at the entrance. Tenants include prestigious companies such as Samsung, ECDL Foundation, 3D4Medical and Orca Financial.

Bank of Ireland branch in the centre of Drogheda is a two-storey period building on Laurence Street with a modern extension to the rear. The building adjoins the Laurence Shopping Centre anchored by Marks & Spencer and Boots.

Fenward House is a modern four storey Grade A office building extending to 1,834.8 sq m (19,750 sq ft) and has 34 secure car parking spaces. The building is clad in a mixture of stone and polished granite and incorporates a steel brise soleil feature. The building has recently been completely refurbished to include mechanical and electrical upgrade, general refurbishment of all floors, and a complete redesign of the main entrance lobby.

The property comprises a modern 6 storey over basement office block and a retail unit extending to a combined area of approximately 3,679.9 sq m (39,610 sq ft) and benefits from ample car parking spaces located in adjoining The Square multi storey car park.

73 Patrick Street comprises mid terrace three-bay four-storey building, with an attic level, dating from 1860-1870. It is currently in use as an Abrakebabra fast food restaurant with the restaurant counter, seating area, toilets and kitchen on ground floor, storage and office on first floor; the second-floor, third-floor and attic levels are currently unused. It is accessed through a full width ground floor glazed shopfront on St Patricks Street, dating from c. 1995, and shares an enclosed rear escape laneway with the adjoining buildings which leads to Careys Lane. The upper floors are served by a single stairway from ground to first which in turn leads to another single stairway from first floor to the other levels.

74/75 Patrick Street is a mid-terrace five-bay three-storey building, with an attic level, dating from 1870-1880. It is currently in use as a retail outlet with the shop floor on ground floor, storage, office and staff area on first floor and storage on second floor; the attic level is currently unused. It is accessed through a full width ground floor glazed shopfront on St Patricks Street, dating from c. 1990, and shares an enclosed rear escape laneway with the adjoining buildings which leads to Careys Lane. The upper floors are served by a single stairway from ground to first which in turn leads to another single stairway from first floor to the other levels. There is a rear annex at second floor level which contains storage and staff areas and this is accessed via another from first floor stairs

Carrisbrook House was acquired in 2021 by Gresham House Real Estate Limited with our partners Orion Capital Managers. The property is located at the key junction of Pembroke Road and Northumberland Road in Dublin 4, situated between Ballsbridge and the city centre. The 1960s property comprises of a 7-storey hexagonal shaped office block made up of c.3,000 sq. m

Currently we are preparing a planning application for the redevelopment of the site. The application proposes the demolition of the existing structure and the development of a 9,290 sq. M best in class office scheme. The design is targeting LEED Platinum standards and consists of a high-quality finishes and an elaborate landscape design.

The scheme is due to lodge for planning in November 2021 with a view to delivering the project in Q4 2024.

Boroimhe Shopping Centre is situated in North County Dublin approximately 1.2km south of Swords Village and 2.0km north of Dublin Airport. The Shopping Centre is located within the established densely populated residential location of Boroimhe immediately west of the R132 and south of Swords Centre. Swords is the capital of Fingal and is a thriving town with large industrial, commercial and educational facilities. The Swords population as per Census 2011 was 36,924 of which Boroimhe forms part. The Boroimhe area was initially developed in the late 1990`s. The area accommodates in excess of 2,500 family homes with the shopping centre providing neighbourhood retail and service facilities. The centre enjoys excellent profile onto this busy junction and thus benefits from significant passing vehicular traffic.

14-18 Aston Quay occupies a pivotal position fronting onto Aston Quay and the River Liffey right in the heart of Dublin City Centre. The property comprises of a high profile four storey over basement period building extending to approx. 3,040 sq m. There are three high profile retail unit at ground floor level, and a fitness centre located, part at basement level, and part at first floor level. The basement contains a swimming pool which is part of the fitness centre. The second and third floors consist of 11 privately owned apartments.

24a Grattan Street is a mixed-use retail and residential building located in the heart of Dublin 2. The building was acquired for a private client in 2019, at the time of acquisition the property was only 50% occupied. After a full refurbishment of the apartments, the entire building is now fully occupied and the rent roll has doubled.

Unit 1A Damastown way is a modern industrial and office property situated within close proximity of the N3 and M50.

The two-storey office and staff facilities comprise of 4,542 sq. ft. with open plan, suspended ceilings and recessed lighting throughout. The Industrial warehouse comprises of 15,833 sq. ft. and incorporates a twin skin insulated metal deck roof, high output lighting and loading access from the rear.

This two-storey property is in the heart of the well-established business park Citywest. The building provides 19,490 sq. ft of warehouse space and 12,130 sq. ft. of office accommodation.

The property has been occupied by a strong covenant, O’Brien & Sons limited, on a long-term lease.

This seven storey office property is centrally located within Dublin`s prime office district and is situated just off Lower Leeson Street, in close proximity to St Stephens Green and Fitzwilliam Square. The floor area is approx 3,771 sq m (40,590 sq ft). The property has been recently refurbished and modernised to the highest standard. The property also benefits from 30+ car parking spaces and ample bike storage.

The Central Hotel Chambers is a four-storey office building over basement with a part ground and basement restaurant unit. Constructed in the 1950’s and located within Dublin’s CBD, the management of the building was taken over by Gresham House Real Estate Limited in August 2015.

The Gresham House Real Estate Limited Development team devised an asset management strategy, secured landlord backing and finance, assembled a design team and managed the development works on a phased basis.

Phase one of the refurbishment works began in May 2016, which saw the complete refurbishment of the first floor, half of the second floor and the reception area in order to achieve a modern quality office building. The common areas including lift, stair cores and landings were also upgraded along with all the windows throughout the building

Phase two was completed in 2018. This comprised the complete reconstruction and refurbishment of the basement into a high-end restaurant, along with the refurbishment of the 4th floor of the property.

For more information on this project click here.

Three Rock Plaza (formerly Ravenscourt) is located within the heart of Sandyford; just off the Three Rock Road in Dublin 18.

Following the acquisition of the development Gresham House Real Estate Limited was appointed to project manage the refurbishment of a vacant office block along with an extensive landscaping and estate refurbishment. The 3-storey block underwent a full refurbishment to create a modern own door office suite which consists of raised access floors, new air-conditioning, fully painted and plastered walls, new LED lighting and new suspended ceilings throughout. The refurbishment also factored in new W.C facilities on each level along with ladies and gents shower facilities.

On completion of this project, Gresham House Real Estate Limited also managed the rebranding process for the scheme.

Lusk Town Centre is an extensive neighbourhood shopping centre situated in the heart of Lusk village and convenient located within close proximity to Skerries and Rush. The development has excellent passing trade with a high footfall location and anchor tenants include Super Valu, An Post, Stacks Pharmacy and Fingal Medical Centre.

Richview is a purpose-built business park located south of the city centre and forms part of a Clonskeagh office hub along with Beech Hill Office Campus, Belfield Office Campus and Clonskeagh House Office Park.The property comprises a three storey office unit extending to 994.83 sq. m (10,708 sq. ft.) and benefits from 32 surface car-parking spaces.

Gresham House Real Estate Limited was instructed in January 2019 to appoint and manage a design and construction team to deliver a high-quality Grade A refurbished office building located in a high-profile position on Baggot Street, Dublin 4. The context of the instruction included a complete refurbishment of the commercial element made up of a 6 storey office building with ground floor retail and the introduction of a welfare facility in the basement of the scheme along with a new extension to the rear of the ground floor.  Included in the refurbishment design was the introduction of solar panels which power all the hot water in the building, an improved BER rating from D to B.

In conjunction with the refurbishment project we were tasked with managing the leasing of the new space and this exercise included the appointment of letting agents and formulation of a marketing strategy including a rebranding of the building.

The property now known as The Lumen Building was successfully completed within budget in December 2019 and has since attracted strong tenant covenants and proved to deliver a successful letting campaign.

For more information on this project click here.

The Gresham House Real Estate Limited executives have been involved in the development and management of the Spencer Dock Estate from the original acquisition of the site by Treasury Holdings.

Gresham House Ireland Real Estate Limited most recently completed the development management of a key piece of infrastructure for the Spencer Dock estate – The Estate Pumping Station – Contract value was €10m.

We currently manage the entire Spencer Dock Estate.