Canberra, 30 June 2015 –A desire for larger, more corporate-style accommodation in the ACT has prompted Motorola Solutions to relocate to a newly developed facility at 15 Beaconsfield Street.
Motorola has leased Unit 6 in the development, which comprises 322sqm of office/workshop space.
CBRE’s Patrick Sammon negotiated the five-year lease with the building’s owner, Bruce 8 Consortium. The agreed rental was $250/sqm gross.
“Motorola has been a tenant in Fyshwick for a number of years and was keen to make the move to bigger, more corporate accommodation, in line with its other offices around Australia,” Mr Sammon said.
“In relocating to 15 Beaconsfield Street , they have secured space in a brand new building, joining likeminded tenants such as Schindler and Crimsafe.”
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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.