“As the property was sold to an investor with a core business in the transport sector, the buyer appreciated the ease of heavy vehicle access and storage enabled by the low site coverage on offer,” Mr Cappelletti said.
“Because of the attractive attributes the property offered, CBRE was able to lease the property within a month of settlement” Mr Murphy said.
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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.