02 June 2015 –Women’s
fashion retailer Esther Clothing has leased a new warehouse facility in the
commercial hub of Alexandria.
Located at 77 Burrows Road, the 772sqm
office and warehouse property will accommodate the firm’s growing eastern
CBRE’s Mark Silva and Michael Bovill
negotiated the three-year lease on behalf of lessor Redden Wooster Fabrics for
an annual rental of $110,000 net plus GST.
Mr Silva commented on the property:“This
centrally located property offers a functional office and warehouse that is
well suited to accommodate the tenant’s NSW distribution centre.
“With the previous tenant also in the
fashion industry, Esther Clothing benefited from the existing fit-out.”
For Australian/international news or global stories, follow us on Twitter.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.