Sydney, 17 February 2015 – National manufacturing firm A & J Packaging Pty Ltd has signed a 12-year lease with Lend Lease for a new facility in the popular industrial area of Wetherill Park.
Located at 29A Davis Road, the secondary style manufacturing facility comprises 9,824sqm and features a recently refurbished office space, internal clearances of up to 8.5 metres, and benefits from a high power supply of 1,250 amps.
CBRE’s Elijah Shakir negotiated the leasing on behalf of lessor Lend Lease (Real Estate Investments Limited). The initial rental is$75/sqm net plus GST.
Mr
Shakir said: “A long term lease was secured due to the building’s high power
supply and close proximity to the new link road through to the M4 Motorway.”
For Australian/international news or global stories, follow us on Twitter.
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 and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 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 website at www.cbre.com.
