Brisbane, 26 May 2015 – Fine wine storage & distribution business, Outrayjus has leased a Morningside facility to expand and consolidate its existing operations.
The
2,000sqm freestanding office warehouse, located at 33 Riverside Place, features
recently refurbished office space, container height roller door, and
architecturally designed façade.
The site benefits from a strategic location within the prime gateway industrial precinct, close proximity to transport services and shopping facilities and easy access to the CBD, north and south coast.
CBRE’s Ben Lyons and Mark Gilbride negotiated the lease on an eight-year term with a rental of $110/sqm.
Mr Lyons said the tenant was attracted to the site due to its attractive presentation and advantageous location in close proximity to their customer base.
“Outrayjus previously had operations across three separate tenancies in Coorparoo and saw the site in Morningside as an ideal opportunity to consolidate aw for future growth in a more preferable location,” Mr Lyons 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 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.
