Rapid growth in the ready-meal sector has sparked a new lease commitment from My Muscle Chef in Sydney’s outer west.
Previously located in Condell Park, My Muscle Chef has inked a five-year lease on its new headquarters 29 Yennora Avenue, Yennora.
The 2,149sqm warehouse features a high-quality food production and distribution facility. The rental was agreed at $115 per square metre (gross).
CBRE’s Adam Tresidder, who negotiated the deal on behalf of the private owner, said the Yennora facility would support My Muscle Chef’s ongoing growth.
“Having outgrown its original warehouse – a circa 900sqm facility in Condell Park – in a short timeframe, My Muscle Chef required a property that would support its growing presence in the ready-meal sector,” Mr Tresidder said.
CBRE’s John Karlovasitis and Elijah Shakir and Chris Ryan also assisted throughout the transaction.
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 (based on 2016 revenue). The Company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 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 atwww.cbre.com.
