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Spencer Street tower sells for $250m amid east coast office boom

The view towards 120 Spencer Street, Melbourne, which was transacted for more than $250 million. Anton Capital, steered by Tony Martin and Anthony Kingsley, would not comment when contacted by BusinessDay. Anton settled on the grey concrete building in April 2016 following a $165.2 million deal with Melbourne soft drink and property magnate Harry Stamoulis. Monash University subsidiary, Monash College, is the latest tenant to take space in the building, signing a 6000-square-metre leasing deal. Other tenants include the Administrative Appeals Tribunal and Sage Institute of Education. You will now receive updates from Business AM Newsletter Get the latest news and updates emailed straight to your inbox. By submitting your email you are agreeing to Fairfax Media's terms and conditions and privacy policy . The Spencer Street deal is the latest in a string of east coast office plays. Fund manager Charter Hall's Direct Office Fund last month reportedly offloaded a North Sydney office tower – the headquarters of Sony Australia – to Jet Technologies founder Albert Malki for about $60 million. And US financial services giant TIAA's TH Real Estate is believed to be about to test the market's interest in its 20 Hunter Street tower in Sydney.




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