Sydney, 08 July 2015 – Global data storage and information security company, Imation ANZ Pty Ltd has recently relocated from Kings Park and leased a new facility in North Rocks.
The 1,554sqm property, located at 19-21 Loyalty Road, features minimal office space with flexible fit-out options, on-grade roller doors, high clearance warehousing of up to nine meters, and on-site covered parking.
Raj Chaudhary and Shaun Timbrell of CBRE negotiated the transaction on behalf of Colsten Pty Ltd. The tenant committed to a two-year term on an initial rental of $110 per sqm net.
Mr Timbrell said the site’s desirable industrial location with close proximity to the M2 Motorway was particularly appealing the tenant.
“The site provided an excellent opportunity for Imation to relocate to a premises ideally suited to its business operations, in an established industrial region.”
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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.
