Brisbane, 06 November 2015 – Building management consultancy firm Johnstaff has secured a prime location on the Brisbane River after signing a new five-year lease on a Milton office property.
Located at 301 Coronation Drive, the 313sqm tenancy comprises a partial existing fitout, ample on-site car parking, and will be provided in a refurbished condition.
CBRE’s Mel Pikos negotiated the deal on behalf of Bachrach Naumburger Group at an annual rental of $475 per square metre gross.
Mr Pikos said the new space would support Johnstaff’s growing Queensland operations.
“Johnstaff has more than doubled in size over the past 12 months, with the business continuing to expand. The excellent incentives on offer in the market at present, allowed Johnstaff to upgrade its accommodation while still remaining within its budget,” Mr Pikos said.
“The property’s prime location on the Brisbane River with views towards the CBD was a major drawcard attracting Johnstaff, with the space offering an idyllic entertaining area well suited to client functions.”
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 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 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.