Adelaide, 16 May 2016- Prominent real estate agent Williams Harcourts has leased a 276sqm office in a prime eastern fringe location.
CBRE’s Michael Pfitzner negotiated the lease at Level 1, 1 Alexandra Avenue in Rose Park on behalf of owner Taliangis Nominees P/L. The term is three years for an undisclosed sum.
Mr Pfitzner said Williams Harcourts selected the property due to its prominent inner eastern suburb location, signage opportunities, excellent natural light and easy on-street parking for clients.
“The fringe market, in particular east of the CBD, continues to experience healthy demand for tenants in the 100sqm to 350sqm bracket. Properties that are well presented, have good car parking (off and on-street) and offer flexibility in their configuration are attracting good interest from the current market,” Mr Pfitzner said.
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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.