25 February 2015 – Ride
sharing service Uber has secured a converted warehouse property in the
inner-city suburb of Cremorne to accommodate its expanding Australian
Located at 64 Gwynne Street, the
property comprises 520sqm of converted office space. Uber has committed to a
three-year term on the property.
CBRE’s Joshua Jennings, who negotiated
the lease in conjunction with DBR Property, said the property’s uniqueness was
a key factor underpinning the deal.
He commented: “The tenant was drawn to
the character space’s individuality and modern features, as well as its prime
position in the creative suburb of Cremorne.”
Mr Jennings said Uber would use the
property as its Melbourne head office and training centre.
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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 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.