An expanding tyre and car battery retailer will move into an A-grade industrial facility in Fairfield East.
TCK Alliance, which operates Xpress Tyre & Battery, has signed a three-year lease for 93-121 Lisbon Street, Fairfield East, a 2,187sqm site.
It moves into the property for a net rent of $130/sqm, with an additional three-year option.
Located between The Horsley Drive and Woodville Road arterials and near the Hume Highway, the warehouse features clearances of up to 10m, a large awning and corporate office space.
CBRE’s Janet Joljian, Elijah Shakir and Raj Chaudhary secured the lease for the building’s owner, Lisbon Street Pty Ltd.
“The tenant is experiencing significant growth and was looking for a new facility to accommodate that,” Ms Joljian said.
“Located in the heart of Fairfield, this property fits their needs, including having a dangerous goods area.”
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.
