Brisbane, 15 November 2015 – CBRE has leased an expansive industrial warehouse space located at 338 Bradman Street, Acacia Ridge, to a major publicly listed retail group on behalf of Goodman.
CBRE’s Sam Higgins and Peter Turnbull negotiated the lease for the property, which consists of two sizeable warehouses offering a combined 31,539sqm of industrial space.
Mr Higgins said the Bradman Street site was ideally suited to the tenant’s business operations, as it offered a multitude of docks, on both the northern and eastern sides of the warehouse.
“It was one of three properties considered which had characteristics the tenant sought. Whilst the other facilities were built more recently than the Bradman Street building, the subject property incorporates 18 docks, representing 65% more docks than the other alternatives.”
Goodman is currently one of Brisbane’s most active industrial developers, with pre-commitments to DB Schenker, Northline and Silk Logistics. Goodman is also involved in the development of estates under construction at Lytton, Redbank and Rochedale.
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 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.
