“Our marketing campaign garnered more than 40 enquiries and over a dozen inspections, with three parties strongly bidding for the property on the day. After some extensive negotiations we were able to achieve a fantastic price for our vendor,” Mr Karlovasitis said.
The industrial building comprises renovated offices, a clear span warehouse and secure yard. It is prominently located on the corner of The Prominade and Antill Street, within a short distance of Yennora train station.
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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 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate 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.