Sydney, 01 November 2015 – Integrated facilities services company, Asset Group Solutions has leased an industrial space in Smithfield, to accommodate its national operations.
Located at 28A Chifley Street, the 1,915 sqm property features a mix of office and warehouse accommodations, high clearances of approximately 10 metres, expansive awnings allowing for all weather loading and onsite parking.
Elijah Shakir and John Micallef of CBRE were engaged to sub-lease the property by A & J Packaging. The tenant committed to a five-year term on a rental of $127.50/ per sqm gross plus GST.
Mr Shakir said the complex fit the tenant’s geographical requirements, just 30km west of the Sydney CBD, and in close proximity to the Cumberland Highway and M4 and M7 Motorways.
“The property offered a range of features suited to the tenants needs and is ideally located in one of Sydney’s premier industrial hubs.”
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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 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.