A modern office and warehouse facility in Western Sydney has leased to Shred-X Pty Ltd.
29C Davis Road in Wetherill Park is an A-grade property totaling 4,249sqm. The vacant property comprises a modern two-level 355sqm office, three roller doors, high clearance warehouse, high power supply and central location in a prime industrial location close to major arterial roads. The building is owned by the Australian Prime Property Fund Industrial, managed by Lendlease.
The CBRE team of Matthew Alessi, John Micallef, Elijah Shakir, John Tsoutsa negotiated the deal for $115 per sqm net plus GST on a 10-year term plus two five-year options.
“The key selling points were the high-power supply and the quick turnaround to accommodate the tenant’s urgent requirement,” Mr Alessi said.
Shred-X provides secure document, e-waste, media and hard drive destruction and recycling services.
29C Davis Road in Wetherill Park is an A-grade property totaling 4,249sqm. The vacant property comprises a modern two-level 355sqm office, three roller doors, high clearance warehouse, high power supply and central location in a prime industrial location close to major arterial roads. The building is owned by the Australian Prime Property Fund Industrial, managed by Lendlease.
The CBRE team of Matthew Alessi, John Micallef, Elijah Shakir, John Tsoutsa negotiated the deal for $115 per sqm net plus GST on a 10-year term plus two five-year options.
“The key selling points were the high-power supply and the quick turnaround to accommodate the tenant’s urgent requirement,” Mr Alessi said.
Shred-X provides secure document, e-waste, media and hard drive destruction and recycling services.
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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 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 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 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 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.
