Sydney

Lease leaves just one remaining unit at new Minchinbury industrial complex

A1 Building Solutions NSW Pty Ltd has leased one of six industrial units in a newly developed complex at Minchinbury in Sydney’s west.

14 Jul 2020

A1 Building Solutions NSW Pty Ltd has leased one of six industrial units in a newly developed complex at Minchinbury in Sydney’s west.

CBRE’s Matthew Alessi, Brendan Wein and John Micallef jointly negotiated the 1,276sqm lease with JLL’s Miguel Lee.

The 6/26 Sterling Road unit was leased for three years with a three-year option at a starting rent of $115/sqm net + GST.

The unit provides internal clearances of up to 9.6 metres, access via two extra wide roller doors and first floor office accommodation with excellent natural lighting.

“The main attractions for the tenant were the close proximity to major arterial roads, high internal clearances, the large concrete forecourt for loading/unloading and the fact that the building was immediately available,” Mr Alessi said.

The deal leaves one remaining unit, totalling 1,172sqm, available for lease.

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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.

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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.