Brisbane

New crib for Baby & Toddler Town

Baby & Toddler Town has leased a freestanding showroom in Brisbane’s southern commercial precinct of Underwood.

24 Jul 2018

Baby & Toddler Town has leased a freestanding showroom in Brisbane’s southern commercial precinct of Underwood. 

CBRE Large Format Retail specialist Sam Macgregor negotiated the four-year lease term for the property at 80 Kingston Road, which totals 1,400sqm and shares a site with Dulux and Gyprock Trade. 

Mr Macgregor said Baby & Toddler Town’s large online presence meant it required a site that offered strong branding opportunities and excellent access to major arterial roads. 

“Baby & Toddler Town was drawn to the property as it sits within a thriving commercial precinct, underpinned by a large residential catchment area. Interestingly there are no baby or toddler retailers tapping into this customer pool, so the retailer seized the opportunity to gain a foothold in the area,” Mr Macgregor said. 

“We’re witnessing a lot of activity in Underwood’s retail market, with the development of the new Bunnings Warehouse and the recent sale of The Zone.”

80 Kingston Road provides ample on-site parking, the opportunity to brand the façade and existing pylon sign, and high levels of exposure to over 27,000 vehicles per day. The company will benefit from being in close proximity to Underwood’s major shopping hubs - The Zone, Underwood HQ and the Underwood Marketplace Shopping Centre. 
 
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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.