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Tim Bowden | Colliers | Wellington (Agency)

Tim Bowden

LREA

Retail and Leasing Broker

License # 20068817 | Licensed under the REAA 2008

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About

Professional Summary

Tim specialises in retail sales and leasing in the wider Wellington market, dealing in all aspects of the sector from boutique and high end fashion to large format retail. He has an extensive national and international database of tenants and tenant representatives which combined with his in depth knowledge of the local market delivers results for his clients. Tim’s strength lies in his ability to match client requirements to on market and off market opportunities and he has the relationships throughout Wellington to ensure results are achieved.

Having acted in both portfolio management and lease advisory roles Tim understands that property is often not the core business of his clients and customers and his communication skills and expertise across leasing and sales of property enable him to add value.

Accomplishments

Notable Sales Transactions Include:​

• 27-31 Bay Road ($5,300,000)
• 191 Adelaide Road ($975,000)
• Unit 3, 131 Park Road ($671,000)
• 3-5 George Street ($7,000,000)
• 107-121 Adelaide Road ($10,100,000)
• 19 Hatatai Road ($610,000)
• 181 Rongotai Road ($980,000)
• 33 Kaiwharawhara Road ($720,000)
• 80 Chapel Street ($1,700,000)
• 6 Edward Street ($2,490,000)
• 15-19 Pirie Street ($2,200,000)
• 132 Hutt Road ($4,500,000)
• 28 Adelaide Road ($6,200,000)
• 216 Cuba Street ($1,850,000)
• 46 Bay Road ($6,500,000)

 

Notable Lease Transactions Include:​

• M.I NZT (89m²)
• Wellington Boxing gym (194m²)
• Thermashield (450m²)
• Chemsafety (90m²)
• Sugar Flour (96m²)
• Idein Ltd (70m²)
• Technofix (42m²)
• Macpan (140m²)
• POS Technology (189m²)
• Elliot Creative Limited (130m²)
• Dunbar Sloane Limited (665m²)
• Literacy Aotearoa Wellington (220m²)
• Kia Ora Metal Industries Limited (896m²)
• Embassy of Timor-Leste (328m²)
• QD Trading Limited (40m²)
• Hirepool Limited (3,120m²)
• Electoral Commission 
• Vidaspace Limited (200m²)
• POW Studios (230m²)
• Solari Architects (460m²)
• Frank Advice (149m²)
• New Zealand Data (360m²)
• Arc Physio (150m²)
• K&G Private (55m²)
• 69-71 Willis Street (136m²)
• 23 Kent Terrace (215m²)
• 3 Holland Street (292m²)
• 52 Victoria Street  (81m²)
• 57 Willis Street (467m²)
• 100 Molesworth Street (366m²)

Education

Bachelor of Science (BSc) majoring in Land Planning and Development, and a Post Graduate Diploma of Science (PGdipSci) in Surveying (University of Otago).

Membership Involvements

Licensed under the REA 2008

Services

Service Lines

Brokerage: Landlord Representation, Tenant Representation, Industrial Sales and Leasing, Retail Leasing

Property Type

Industrial, Land, Retail

My Team

Featured Research

5 Oct 2021

Colliers Essentials | Wellington Retail Report | Second Half 2021

The Wellington CBD retail vacancy rate reduced to 6.2% in the June 2021 survey, down from 7.0% recorded in June 2020. While there has been some buoyant leasing activity for prime quality and well-located shops, overall leasing conditions remain challenging, especially for secondary premises. Overall strip retail vacancy rates are expected to remain elevated over the next 12-18 months , especially in the hospitality and entertainment sectors, due to restricted trading activity from Covid-19 Alert Level requirements.
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17 Mar 2021

Colliers Essentials | Wellington Retail Report | First Half 2021

Overall vacancy over the second half of 2020 continued its upward trend from December 2019’s low, however, the rate of increase slowed from that evident in the first half of the year. Total vacancy reached 7.6% in December up from the 6.7% recorded in June. The latest figure equates to an additional 1,250 sq m of vacant space, taking the total to 11,000 sq m.
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8 Sep 2020

Colliers Essentials | Wellington Retail Report | Second Half 2020

Vacant space in the CBD rose to over 7,000 sq m in the June quarter reflecting a vacancy rate of 6.7% compared to the 4.1% recorded in the December quarter last year. The increase was largely influenced by a small number of larger units which have become available in the Willis Street precinct.
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