Melbourne, 04 May 2016 –Industry Solutions specialist Bost Group has secured a new facility in the west Melbourne industrial hub of Derrimut.
CBRE’s Todd Grima and Harry Kalaitzis negotiated the three-year lease of 50-58 Castro Way on behalf of a private investor.
Ideally situated in the heart of Derrimut, the 16,000sqm site comprises a 3,015sqm high clearance warehouse/workshop facility, which will be used to accommodate Bost Group’s Melbourne operations.
The property, which includes a corporate office offering amenities over two levels, features a large container rated hardstand area, huge power supply and multiple gantry cranes.
Mr Grima commented on the deal: “The large heavy duty hardstand and workshop gantry cranes were ideally suited for the tenant’s requirements.”
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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 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 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.