Sydney

First leases for new Seven Hills sub-division

Two brand new industrial units in Seven Hills have been leased shortly after completion.

01 May 2018

Two brand new industrial units in Seven Hills have been leased shortly after completion.

9 Brumby Street is a new three-unit estate within a new land subdivision in Seven Hills. The warehouses offer up to nine metre internal clearance and open-plan mezzanine office accommodation. The complex is fully secure with ample on-site car parking.

Unit one comprises 755sqm and leased on a three-year term to Monitor Industries Pty Ltd. Unit two covers 696sqm and leased on a five-year term to LeBLANC Pty Ltd. Both leased for $145 per sqm NET.

CBRE’s Matthew Alessi and John Micallef leased the units with co agents Aymen Sobbi and Daniel David from LJ Hooker Commercial Silverwater.

“The development was the first built and transacted on the street, with a strong rental rate achieved setting the tone for super prime assets in the area,” Mr Alessi said.
 
For Australian/international news or global stories, follow us on Twitter: @cbreaustralia

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 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 450 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.

Disclaimer:

Neither CBRE nor its affiliated companies make any warranties or claims on the implied accuracy of the information contained herein.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of 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 https://www.cbre.com.