Specialist mining private equity firm EMR Golden Grove has capitalised on favourable tenancy conditions to sign a new lease on an A-grade office in West Perth’s business precinct.
EMR Capital Golden Grove has committed to a 255sqm ground floor office at 38 Colin Street, West Perth. The tenancy comprises a fully fitted office with quality finishes.
CBRE’s Rick McKenzie negotiated the long-term deal on behalf of a private lessor at the headline asking rental.
“EMR Golden Grove was attracted to the fitted nature of the tenancy, building quality and central location in West Perth’s business precinct,” Mr McKenzie said.
“This transaction provides further evidence of the flight to quality, which is continuing to play out in the current market. The remaining vacancy continues to receive a strong level of enquiry from prospective tenants.”
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