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  • Konopizza selects Jam Factory for first Australian outlet

Konopizza selects Jam Factory for first Australian outlet

13 February 2013
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​Melbourne, 14 February 2013 - Italian-based pizza operator Konopizza will open its first Australian outlet in the newly revamped Jam Factory in Melbourne.

The popular pizza franchise, which originated in Italy in 2005, has been expanding around the globe with its unique cone shaped pizzas having attracted a loyal clientele.

The CBRE Retail Services team of Max Cookes and Zelman Ainsworth were responsible for the first Australian deal which involves a 60sqm tenancy in the iconic Jam Factory entertainment centre in South Yarra.

Owner Challenger recently undertook a $20 million refurbishment of the 150-year-old complex in the heart of Chapel Street.

CBRE is the exclusive retail leasing agent for the center, which has recently attracted a series of high profile tenants including international fashion heavy weight Topshop.

“Topshop selecting the Jam Factory to be their first retail location certainly illustrated the strength of the center and the prime nature of this retail location within South Yarra,” Mr Cookes said.

“Over the last 18 months our team has worked closely with the Challenger to achieve their desired results on the retail component of the asset which has been repositioned as a destination shopping precinct that has attracted not just Topshop but a number of other major international and national hospitality, entertainment and fashion retailers.”

Mr Ainsworth said; “Konopizza joins an array of other quality food retailers in the center including Nashi, Salsas, Nandos, Shuji Sushi, Boost Juice and Romanos café. ”The Italian pizzeria was attracted by the quality of the international and national retailer mix”.

Village Cinemas, the anchor tenant at the Jam Factory since 1995, has just renewed its lease and has also expanded its presence by securing additional office space within the complex.

“Our team is currently marketing the last remaining retail space within the Jam Factory, targeting quality food operators that are capable to complementing the established tenancy mix,” Mr Ainsworth said.

 

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ABOUT CBRE GROUP, INC.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue).  The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.au.​

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