02 June 2015 –MNR
Constructions has secured a new location in Alexandria to accommodate its
CBRE’s Michael Bovill and Mark Silva
negotiated the 3.5-year lease on the 800sqm warehouse facility at 62-64
O’Riordan Street on behalf of sub-lessor Alfa Logistics. The annual rental is
$125,890 gross plus GST.
Mr Bovill said the property’s location and size was well suited to support the tenant’s expanding business.
“This property offered a high
clearance warehouse with strong power supply, which was a requirement for the
tenant to run its business,” he explained.
For Australian/international news or global stories, follow us on Twitter.
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.