Sydney

Minchinbury site offers consolidation opportunity

Summit Open Space Services will bring its Sydney operations together in one location after leasing a large office/hardstand site in Minchinbury.

04 Nov 2019

Summit Open Space Services will bring its Sydney operations together in one location after leasing a large office/hardstand site in Minchinbury.

CBRE’s Brendan Wein, John Micallef and Matthew Alessi negotiated the lease for 17 Sterling Road, which comprises 8,016sqm of office and hardstand space.

The four-year deal was struck on behalf of property owner W J FRIEND HOLDINGS.

The level, fully secured site offers functional yard space and excellent vehicular access.

“The lease allows Summit to consolidate its operation in a central location, allowing them to store their trucks and machinery and train new staff and apprentices on the one site,” Mr Wein 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 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 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.