Road Tanker manufacturer ATE Tankers has expanded its operations after securing a neighbouring site to its existing premises, continuing its rapid rate of growth in Melbourne’s west.
ATE tankers are now one of the largest operators in Sunshine West, occupying a total site footprint of approximately 15,000sqm.
The road tanker manufacturer secured the 2,300sqm space at 48 Vella Drive on a five-year term for $190,000 per annum, plus GST and outgoings.
CBRE’s Tom Murphy and Harry Kalaitzis brokered the off-market deal on behalf of a private landlord, ensuring a zero-vacancy period for the property.
Mr Murphy commented that Sunshine West has continued to be the shining light of Melbourne’s West.
“Because Sunshine West is city side of Western Ring Road, it has become a preferred location for both owners and occupiers, and remains tightly held,” Mr Murphy said.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
