Restaurant review service specialist Zomato has inked a short-term lease within Melbourne’s east-end pocket.
The restaurant search and discovery service will open its newest operations on the seventh floor 63 Exhibition Street – a B-grade tower located in the east end of Melbourne’s CBD.
CBRE’s Will Dungey and Scott McGlone negotiated the 12-month lease on behalf of Salta.
“Zomato required a short-term solution to accommodate its current operations, which this building was able to offer in the form of a flexible, 12-month lease term,” Mr Dungey said.
“The 475sqm suite was offered at a compelling price point, which further enhanced its appeal to the incoming tenant.”
In a second deal within the building, property firm Lauders Real Estate has signed a three-year lease on a 193sqm suite within the building.
The suite, located on the fifth floor, was negotiated at a rental of $300 per square metre net.
Mr McGlone said the property’s position in the eastern pocket of Melbourne’s CBD underpinned the deal.
For Australian/international news or global stories, follow us on Twitter.
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 2015 revenue). The Company has more than 70,000 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 at www.cbre.com.