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  • Quatius Logistics secures Richlands property for growing empire

Quatius Logistics secures Richlands property for growing empire

24 June 2014
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Brisbane, 24 June, 2014 – The Quatius Group has acquired a substantial industrial property in Brisbane’s prime western corridor for $10.2 million in a move that support its growing SONIQ brand.

Located at 60 Fulcrum Street in Richlands, the 7,856sqm property comprises 6,678sqm of warehouse space and 1,178sqm of office space.

Wilmar Gavilon occupies 859sqm of the office space, having recently signed a five-year lease on the property, while the remaining space will be occupied by SONIQ – an electronics manufacturer and distributer.

CBRE’s Ben Lyons and Peter Turnbull negotiated the sale on behalf of vendor Evermac Investments, a subsidiary of McPhee Distribution Services (MDS). MDS relocated to a purpose-built site at Larapinta to enable company growth.  

Mr Lyons said the Quatius Group had been looking at properties suitable for its SONIQ operations in Brisbane’s west for some time.

“The features and location of this property suited SONIQ’s needs exactly, with it able to support the brand’s growing Australian operations,” Mr Lyons said.

The building also features high clearances of up to 10m, access via seven roller doors, three docks and a substantial hardstand area suitable for multi-vehicle maneuvering.  The property also features onsite parking.

Mr Lyons said well positioned assets in Brisbane’s western corridor were in strong demand.

He commented: “In the past six months specifically, we have seen significant enquiry from logistics and distribution users to secure property within that precinct.”

Richlands is located approximately 20km south-west of the Brisbane CBD.

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About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.au.
 

 

 

 

 

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