Melbourne, 06 May 2015 – Storage specialists Stow Storage Systems Australia has preleased a state of the art, purpose built warehouse facility in Truganina to accommodate its Victorian operations.
Located at 2-4 Sunline Drive, Truganina, the new 3,982sqm facility will offer a two level corporate office and high clearance warehouse accessed by a large drivethrough super awning.
CBRE’s Todd Grima and Harry Kalaitzis negotiated the seven-year lease deal on behalf of family owned construction company, Pelligra Group. The rental is $301,350 net per annum.
Mr Grima said the property benefited from a strategic position close to major thoroughfares.
“Located on the corner of Robinsons Road and Sunline Drive, the site boasts huge exposure and direct access to the Western Freeway and Western Ring Road.”
Stow Australia moved from the south east to the rapidly growing west to better service its major clients who are already located or are relocating into the area, Mr Grima added.
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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.