Sydney, 05 May 2015 – Flooring specialist Topdeck Flooring has signed a three-year lease on an industrial facility in Silverwater.
Located at 2-16 Salisbury Street, the 2,240sqm property comprises a 1,959sqm high clearance warehouse and 281sqm office area.
CBRE’s Raj Chaudhary and Shaun Timbrell negotiated the deal on behalf of lessor, Venarti Pty Ltd. The annual rental is $105 per square metre net.
Mr Chaudhary said the property’s location in the industrial hub of Silvewater was key to the deal.
“Located in the heart of Sydney’s west, this property appealed to the tenant for several reasons including triple street-frontage exposure and dual site access allowing convenient container movements,” Mr Chaudhary explained.
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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.