Baker Street Properties concludes five-year office lease in Observatory

Posted On Tuesday, 31 March 2015 16:25 Published by
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New office premises for the video lounge in Observatory.

VideoLounge

According to Peter Murray, an alternate director of Baker Street Properties, a growing number of businesses have been attracted to a new creative corridor in Cape Town, which extends from Woodstock, through Salt River to Observatory. Murray says, “With this in mind, Baker Street Properties has successfully negotiated a five-year lease agreement with a five year option for premises for

The Video Lounge in Deneb House, situated at 368 Main Road, Observatory. The new office comprises 712m² on the 3rd Floor.

“The location of Deneb House in this increasingly popular corridor of Cape Town is ideal for trendy, artistic and innovative companies. Deneb House met The Video Lounge’s Head Office criteria for an energetic and inventive environment, needed for a production and post-production company. The business strives to produce exceptional work that is beyond expectation and always on budget.

These offices are to service the company’s Southern African region, while continuing to expand into North Africa and across the Mediterranean into the Middle East.  These premises are perfectly suited for their team of talented directors, DoPs, editors, 2 and 3D graphic artists, film and video crew, producers, writers, photographers, web designers and project managers.”

“The urban renewal, upgrading and gentrification of parts of Cape Town is no more evident than in this part of the City. Once derelict and run-down buildings have been refurbished or rebuilt and there has been a spin off for other businesses such as retail shops, restaurants, coffee shops, convenience stores and others.

The Observatory Community Improvement District (OBSID) has worked hard to upgrade the suburb and is now seeing success in drawing businesses to the neighbourhood, which has good access to all the major arterial routes and public transport,” concludes Murray.    

Last modified on Tuesday, 31 March 2015 16:59

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