Sutton Engineering Group has leased a 2,400sqm office/warehouse in St Marys after an lengthy search for suitable premises.
CBRE’s Brendan Wein, John Micallef, Matthew Alessi and Cathy Henderson negotiated the 25 Bent Street lease at a rental of $110/sqm net + GST.
The lease is for five years with a five-year option.
The freestanding office/warehouse offers an internal clearance height of up to 10 metres, access via two container height doors and first floor office accommodation with full staff amenities.
The fully secured site also provides ample parking
“CBRE negotiated the deal off market, allowing the tenant to relocate from the Central West after a more than eight-month search for suitable premises,” Mr Wein said.
“The major selling points were the site’s high supply of power and the inclusion of four gantry cranes, which suited Sutton Engineering’s business needs.”
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.
