Melbourne

Thetford Australia secures pole position in Somerton industrial hub

Camping specialist, Thetford Australia Pty Ltd, has signed a five-year lease on its new Melbourne headquarters in the industrial hub of Somerton.

22 May 2019

Camping specialist, Thetford Australia Pty Ltd, has signed a five-year lease on its new Melbourne headquarters in the industrial hub of Somerton. 

Thetford Australia has inked a five-year lease on the 130-132 Freight Drive property, which comprises an industrial office/warehouse spanning 2,995sqm. Located nearby Hume Highway and Cooper Street, the freestanding building includes dual roller door access and ample hardstand/parking.  

CBRE’s Daniel De Sanctis and Daniel Eramo, together with Alex Gazis of National Estate, negotiated the deal on behalf of the private lessor. The rental is $210,000 per annum (net). 

Mr De Sanctis commented on the transaction: “Given the extremely low vacancy rate for buildings sized between 2,500sqm – 4,000sqm, we were able to lease this property prior to the landlord experiencing any vacancy.”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 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.