Kellogg's, the world's dominant cereal brand, is to open its new European headquarters at Airside Business Park in Swords in a further confirmation of the location's attractiveness to top international companies.
The company is renting 2,738 sq m (29,471 sq ft) in three interconnecting buildings, units 230-240, on a 20-year lease from August at an annual rent of €161.46 per sq m (€15 per sq ft).
It will also rent 109 parking spaces at €500 per car per annum.
"Kellogg's decision adds to the high quality of corporate tenants that have chosen to locate at Airside Business Park," said Deirdre Costello of Jones Lang LaSalle, which represents the landlord. "It also means that only 2,000 sq m (2,152 sq ft) of the 20,000 sq m (215,278 sq ft) completed at Airside so far remains to be let."
Among the other existing occupants of Airside Business Park are NCR, Atkins McCarthy, Ingersoll Rand, Fujitsu Headquarters Facility, the Southern Health Board and BEO.
Construction has already commenced on the first of four new four-storey blocks in the next phase. They will extend to 5,324 sq m (57,307 sq ft) of accommodation and are due for completion by March 2005.
Planning permission has been granted to construct a further three four and five-storey blocks totalling 19,000 sq m (204,514 sq ft). Construction on the remaining blocks could begin immediately subject to a pre-let or pre-purchase agreement being secured.
Airside's location, only five minutes from the airport and adjacent to the Pavilions Shopping Centre and Swords Town Centre, will be further improved with direct motorway access to the M1 motorway.
Planning permission has been received and construction has commenced on a direct intersection link with the motorway which is due for completion by March 2005.
