CornerStone Building GRADE A

Building Overview

Boasting prestigious LEED and Green Mark green building certifications alongside a scale of 14 stories and 3 basement floors, CornerStone Building asserts its position as a benchmark Grade A office tower in the heart of Hanoi. Completed in 2013, the building offers approximately 26,000 sqm of premium office space, with an exceptionally large typical floor plate of 2,030 sqm. The smart architectural design minimizes interior columns, optimizing the net usable area and allowing businesses to easily configure open-plan layouts or high-density workstations.

Location and Connectivity

Located at 16 Phan Chu Trinh, Cua Nam Ward, Hanoi, the building occupies a prominent street front at a major intersection in the established administrative and financial wardt. This premium location offers seamless connectivity to key government agencies, embassies, and major financial institutions.

• Phan Chu Trinh and Ly Thuong Kiet arterial roads: Provide direct and rapid access to central streets such as Hai Ba Trung and Dinh Tien Hoang, forming a highly efficient transport network.
• Hoan Kiem Lake and Hanoi Railway Station: Located just 10-15 minutes away, offering excellent cultural, historical, and national transport connectivity.
• Noi Bai International Airport: Approximately 35-40 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring international partners and executives arrive on schedule.
• Surrounding business ecosystem: Situated adjacent to the Ministry of Finance, with VIB Bank's headquarters on the ground floor, and surrounded by premium restaurants, cafes, and business amenities like Coffee Bean & Tea Leaf.

Technical Specifications and Operations

From an engineering and operational perspective, the building's M&E infrastructure is built to rigorous international standards to ensure uninterrupted business performance.

• Scale & Floor plate: 14 stories and 3 basement floors; typical floor plate of 2,030 sqm, featuring a regular layout with minimal columns to maximize spatial efficiency.
• Ceiling height: Reaches a standard 2.7 m, providing an airy feel and facilitating the installation of technical ceiling systems.
• Elevator system: Equipped with 7 Mitsubishi passenger elevators and 1 Mitsubishi service elevator, minimizing wait times during peak hours.
• Air conditioning system: Trane central air conditioning system, ensuring consistent climate control and high energy efficiency.
• Backup power: 100% power backup generator, guaranteeing that business operations remain unaffected during power grid failures.
• Parking: 3 basement parking levels, effectively addressing the parking needs for both motorbikes and cars of employees and clients.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Financial terms and operational costs are clearly structured, allowing enterprises to plan their long-term real estate budgets with high predictability.

• Reference rent: $35 - $38 /sqm/month (subject to change depending on leased area and lease commencement date).
• Service charge: 7 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 10 USD/motorbike/month.
• Car parking fee: 150 USD/car/month.
• Electricity charge: Included in service charge (for air conditioning during standard working hours).
• Overtime fee (OVT): Negotiable based on actual operational requirements.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its massive floor plate of 2,030 sqm and flexible subdivision options starting from 50 sqm, the building is highly recommended for multinational corporations, financial institutions, and major banks requiring a centralized, prestigious headquarters. To ensure optimal operational efficiency, tenants should conduct the following on-site checks:

• Net vs. Gross area measurement: Carefully verify the ratio between net usable area (for workstations) and gross area (wall-to-wall) to optimize the actual cost per employee.
• Parking capacity: Inspect the 3 basements during peak morning and lunch hours to ensure adequate parking spaces for executives and visitors.
• HVAC efficiency: Evaluate the cooling performance of the Trane central AC system at the corners of the large 2,030 sqm floor plate under high occupancy conditions.
• IT & Telecommunications infrastructure: Check the technical risers and cabling pathways to ensure high security and high-speed connectivity for tech or financial firms.
• Overtime policy (OVT): Clarify the calculation method for overtime charges and whether the AC system can be operated independently for specific zones during night shifts.

Advisory Conclusion

CornerStone Building stands out as a premier choice for businesses seeking a world-class Grade A office space in central Hanoi. The combination of LEED and Green Mark green credentials with superior technical infrastructure delivers sustainable value to your brand. Contact GRES today to receive a detailed quotation, check current availability, and schedule an exclusive site inspection.