A martial arts school has secured new space in Mt Kuring-Gai to accommodate its continued growth.
CBRE’s Ben Byford and Peter Mangraviti negotiated the lease over the 16/12-14 Beaumont Road office/warehouse unit on behalf of Giotti Investment Pty Ltd.
The 426sqm strata unit is situated in the tightly held Mr Kuring-Gai industrial precinct. It has been leased for five years at a gross rental of $140/sqm.
“The local martial arts school was upsizing and was drawn to the property’s large mezzanine area in addition to the ground floor warehouse space, which will allow for multiple martial arts classes to be run simultaneously,” Mr Mangraviti said.
CBRE’s Ben Byford and Peter Mangraviti negotiated the lease over the 16/12-14 Beaumont Road office/warehouse unit on behalf of Giotti Investment Pty Ltd.
The 426sqm strata unit is situated in the tightly held Mr Kuring-Gai industrial precinct. It has been leased for five years at a gross rental of $140/sqm.
“The local martial arts school was upsizing and was drawn to the property’s large mezzanine area in addition to the ground floor warehouse space, which will allow for multiple martial arts classes to be run simultaneously,” Mr Mangraviti 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 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 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 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 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.
