A popular part of Brisbane’s tabletop gaming community, Vault Games has moved to the iconic Queen Street Mall.
The board, miniature and trading card game retailer, which also hosts in-store events, is now at Lower Ground Floor, 62 Queen Street in Brisbane City.
It has signed an eight-year lease for the 249sqm space, which offers access from Queen Street Mall and Burnett Lane, and has high ceilings and an original sandstone feature wall.
A three-storey, heritage commercial building designed in the Gothic style, 62 Queen Street was constructed in the 1880s for the Colonial Mutual Life Assurance Society.
CBRE’s Andrew Brimson and Sam Macgregor secured the tenancy on behalf of the lessor, Conias Corporation.
“Vault Games has found itself a one-a-kind new home in a prime location,” Mr Brimson said.
“62 Queen Street is a distinctive, heritage building in Australia’s busiest pedestrian mall, while Burnett Lane is home to some of Brisbane’s trendiest restaurants and bars.
“Vault Games was located in another lower ground floor space, at 123 Charlotte Street, and the ‘underground’ nature of 62 Queen Street was a perfect fit.”
Vault Games’ property consultant, Kyle Swain of LPC Cresa, represented the tenant in the lease negotiations.
“Gaming is a category that has become increasingly popular in the past two to three years, and Vault Games required a larger footprint to maximise its business,” Mr Swain said.
“Its new location was of particular interest due to Charter Hall’s plans to develop 60 Queen Street and the adjoining buildings on George Street, which will provide ground and podium-level retail, and a significant upgrade to Burnett Lane where there is rear access to Vault Games.
“While it will take a couple of years to deliver, that re-development will vastly improve the entry into Queen Street from the top end, and greatly benefit our client during the lease term.”
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.
