A skincare clinic has leased a trophy retail asset in North Sydney.
Shop 7, 111 Pacific Highway sits at the base of a commercial office tower. The 189sqm retail offering has leased to Australian Pharmaceutical Industries Pty Ltd trading as Clear Skincare Clinics, for approximately $1,250 per sqm gross plus GST on a five-year term.
CBRE’s Amy Pfeiffer and Leif Olson negotiated the lease.
Ms Pfeiffer said the property was previously tenanted by Suncorp Bank and sits in arguably one of the best corner locations in North Sydney.
“With huge exposure to both Pacific Highway and Walker Street the premises lends itself to a flagship store for a retail operator,” Ms Pfeiffer said.
“The prime corner location with excellent signage opportunities and neighbours like Westpac Bank and BOQ, was ideal for Clear Skincare Clinics North Sydney store.”
Shop 7, 111 Pacific Highway sits at the base of a commercial office tower. The 189sqm retail offering has leased to Australian Pharmaceutical Industries Pty Ltd trading as Clear Skincare Clinics, for approximately $1,250 per sqm gross plus GST on a five-year term.
CBRE’s Amy Pfeiffer and Leif Olson negotiated the lease.
Ms Pfeiffer said the property was previously tenanted by Suncorp Bank and sits in arguably one of the best corner locations in North Sydney.
“With huge exposure to both Pacific Highway and Walker Street the premises lends itself to a flagship store for a retail operator,” Ms Pfeiffer said.
“The prime corner location with excellent signage opportunities and neighbours like Westpac Bank and BOQ, was ideal for Clear Skincare Clinics North Sydney store.”
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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.
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.
