E-commerce company HB Commerce has tripled their footprint, moving from Footscray to Derrimut in a deal inked by CBRE.
HB Commerce has leased Unit 1, 169 Australis Drive on a long-term lease. The 15,503sqm industrial property comprises a 571sqm office and 14,932sqm warehouse.
CBRE’s Todd Grima, Tom Hayes and Harry Kalaitzis leased the property on behalf of the owner, Abacus.
Mr Grima said the Dutch company, who is headquarted in Holland and a subsidiary of Dutch E-commerce company Vida XL, is expanding quickly in Australia.
“The move to Derrimut has seen their floor space increase from 4,500sqm to 15,503sqm, over triple the size,” Mr Grima said.
“The tenant was drawn to the site due the fully racked high clearance warehouse allowing the tenant to move in quickly with minimal fitout cost. In addition, the location was another big draw card with the site offering excellent access to the Port of Melbourne (13km), CDB (17km) Melbourne International Airport (18km).”
Mr Grima reports a huge amount of activity from E-commerce business in the market at present, with close to 50,000sqm committed in the last 60 days and another 40,000sqm under negotiation with CBRE.
HB Commerce has leased Unit 1, 169 Australis Drive on a long-term lease. The 15,503sqm industrial property comprises a 571sqm office and 14,932sqm warehouse.
CBRE’s Todd Grima, Tom Hayes and Harry Kalaitzis leased the property on behalf of the owner, Abacus.
Mr Grima said the Dutch company, who is headquarted in Holland and a subsidiary of Dutch E-commerce company Vida XL, is expanding quickly in Australia.
“The move to Derrimut has seen their floor space increase from 4,500sqm to 15,503sqm, over triple the size,” Mr Grima said.
“The tenant was drawn to the site due the fully racked high clearance warehouse allowing the tenant to move in quickly with minimal fitout cost. In addition, the location was another big draw card with the site offering excellent access to the Port of Melbourne (13km), CDB (17km) Melbourne International Airport (18km).”
Mr Grima reports a huge amount of activity from E-commerce business in the market at present, with close to 50,000sqm committed in the last 60 days and another 40,000sqm under negotiation with CBRE.
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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 2017 revenue). The Company has more than 80,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 450 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.au.
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 2017 revenue). The Company has more than 80,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 450 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.au.
