In Short

A round-up of this week's commercial property news in brief

New plan for Station House

The Railway Procurement Agency (RPA) is planning to refurbish theformer Station House in Dundrum, Co Dublin, after agreeing to let itas a cafe and offices. A company based in Temple Bar has agreed topay in excess of the guideline rent of [euro]40,000 for the 1850sbuilding which was damaged by fire about two years ago. An adjoiningmodern building, which was also vandalised, is to be demolished.

The letting is subject to the approval of the RPA board. DunLaoghaire Rathdown County Council has yet to grant permission forthe refurbishment of the Station House. Ross Shorten of Lisney isadvising the RPA.

Large letting in Cork

McAfee Inc, one of the world's largest security technologycompanies, is to lease 5,666sq m (61,000sq ft) at City Gate inMahon, Cork for its new 120-strong sales team who will workalongside its existing 180 staff. It is one of the largest officelettings in Cork in recent years.

The American company will have an option on a further 1,393sq m(15,000sq ft). The 20-year lease provides for break options andincludes 135 car-parking spaces.The building, developed by JohnCleary Developments, is to be fitted out by early January tocoincide with the hiring of the sales staff. McAfee providessecurity systems on the internet to allow subscribers to browse andshop on the web more securely. Agent Downing Commercial handled theletting and Knight Frank advised the tenant.

Numode for Market Cross

UK fashion accessories trader Numode has leased the formerDynasty shop in the Market Cross shopping centre in Kilkenny citycentre. It will be paying a rent of [euro]35,000, including rates,for the unit which extends to 48.65sq m (524sq ft). The shop, likemost others in the centre, was sold to private investors in recentyears. Douglas Newman Good Commercial handled the letting.