Sydney

Metropolitan stamps position as St Leonard's growing wellness precinct

St Leonard’s newest apartment tower, Metropolitan, has welcomed two new tenants to its growing lineup of retailers – cementing its position as an urban living, shopping and wellness hub in the popular Sydney suburb.

23 May 2018

St Leonard’s newest apartment tower, Metropolitan, has welcomed two new tenants to its growing lineup of retailers – cementing its position as an urban living, shopping and wellness hub in the popular Sydney suburb. 

Completed in February 2018, Metropolitan is located between the St Leonard’s Train Station and under construction Metro Station, and comprises 13 levels of stylish living, complemented by upmarket retail. 

Florida-based Orangetheory Fitness has signed a five-year lease deal to occupy 305sqm space on the ground floor of the building, where it will open its fifth Sydney gym.

Adding to the precinct’s growing wellness offering, boutique eatery Rough & Bare Wholefoods Kitchen has secured the neighbouring property – a 107sqm space with an external seating area of 80sqm. 

CBRE’s Amy Pfeiffer negotiated the lease transactions on behalf of lessor, Austino Property Group. Rentals ranged between $750 - $900 per square metre net. 

Ms Pfeiffer said the addition of Orangetheory Fitness and Rough & Bare Wholefoods Kitchen would strengthen the precinct’s appeal as a diverse lifestyle destination encompassing retail, residential and wellness.

“The synergy between a high-end fitness facility and a wholefoods café will not only enhance the look and feel of Metropolitan, but also offer its residents – as well as those nearby – access and proximity to A-grade amenities,” Ms Pfeiffer said.  
 
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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 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.

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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.