Parramatta. Office conditions tight

The Parramatta office market continues to be shaped by the very limited tenancy options for A and B-grade stock, according to Knight Frank’s latest Parramatta office Market Review. Excluding the 25,600-square-metre, A-grade Eclipse Tower, at 60 Station Street, which is scheduled to be complete in August 2012, no new supply is forecast to reach the market until at least 2104, meaning tight conditions will continue over the next few years.