Cool Breeze Rentals has leased a Blacktown unit for its growing air conditioning business.
Unit 4, 1a Bessemer Street is a modern office and warehouse facility totaling 1,537sqm. The property leased for $130 per sqm net plus GST. The lease term is four plus four years.
CBRE’s Matthew Alessi, Brendan Wein, Janet Joljian negotiated the deal on behalf of the landlord Australian Prime Property Fund Industrial, managed by Lendlease.
“The major selling points were the 8.2 metre clearances allowing the tenant to maximise its racking capacity, corporate appeal of the building with ample parking, and earlier access for fitout,” Mr Alessi said.
Mr Alessi said the estate is now fully leased, with CBRE completing the last three transactions.
Unit 4, 1a Bessemer Street is a modern office and warehouse facility totaling 1,537sqm. The property leased for $130 per sqm net plus GST. The lease term is four plus four years.
CBRE’s Matthew Alessi, Brendan Wein, Janet Joljian negotiated the deal on behalf of the landlord Australian Prime Property Fund Industrial, managed by Lendlease.
“The major selling points were the 8.2 metre clearances allowing the tenant to maximise its racking capacity, corporate appeal of the building with ample parking, and earlier access for fitout,” Mr Alessi said.
Mr Alessi said the estate is now fully leased, with CBRE completing the last three transactions.
For Australian/international news or global stories, follow us on Twitter: @cbreaustralia
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.
