Brisbane, 02 November 2015 – Global restaurant search and discovery service, Zomato has recently acquired new Brisbane CBD office space to accommodate its expanding operations.
Located at 133 Mary Street, the 456sqm suite features modern fit-out, on-site parking and close proximity to the business precinct, south-east freeway, Queen Street Mall, public transportation amenities, and restaurant and dining precincts.
Laura West of CBRE Global Workplace Solutions (GWS) represented Zomato, whilst Kelly Moon of Colliers International acted for the lessor, Quadra Pacific. The tenant committed to a one year term with a face rental of $425/sqm gross, providing flexibility for their continued growth.
Ms West said CBRE GWS was appointed by Zomato to secure a well-located site that offered a turnkey solution to support the Brisbane division of its global operations.
“Following the acquisition of UrbanSpoon in early 2015, Zomato has grown significantly in the Brisbane market. Reflecting this growth, its space requirement more than doubled over the past three months from 200sqm to 456sqm.”
“In the current market, flexibility is key for landlords to attract and retain quality tenants. Quadra Pacific recognised Zomato’s need for this, together with its growth potential, and we delivered an end to end solution,” Ms West said.
Michael Cartwright from Quadra Pacific said that they are responding to the demand from online groups who have a preference for unique space and flexible lease terms.
“Quadra is presently in discussions with a number of other IT and service groups looking to develop alternate space solutions,” Mr Cartwright said.
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