“Continuing CBRE’s strong Prospect Road track record, we will be taking 69-73 Prospect Road to market as the largest development site to be offered on this cosmopolitan retail, restaurant and café strip, in three years,” Mr Einarson said.
Mr Curnow added that the appointment of the property marked CBRE’s sixth, and possibly most exciting, listing along this stretch in that time – including a mixture of development sites, owner occupier opportunities and leased investments.
“The site is in a prime position, near the brand-new Prospect Cinemas, with holding income that will help alleviate a prospective developers’ holding costs,” Mr Curnow 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 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.