Parramatta. Large firms looking to Parramatta

Parramatta is well positioned as an affordable alternative for cost conscious tenants considering moving their back office operations out of the Sydney CBD, according to Jones Lang LaSalle’s new head of sales and leasing at Parramatta, Nicholas Hogg. “Large tenants are currently reassessing their accommodation … to take advantage of the infrastructure on offer at Parramatta and the personal savings for employees in transport costs.costs and considering Parramatta,” he said. Mr Hogg believed such factors favour the Parramatta commercial market, even though demand in 2009 had weakened due to the broader economic environment.