Caribbean Park has secured two new leases for its expanding world class office precinct at Scoresby.
Bendigo Bank has committed to 300sqm at 35 Dalmore Drive for a seven year term, while Eric Insurance, previously known as Avea Insurance, has taken an additional space now occupying a whole floor of 1,800sqm.
Bendigo Bank and Eric Insurance join several high-profile companies already at Caribbean Park including Newell Rubbermaid and Miele. The office precinct proportion of the park opened late 2015 and complements the existing 200,000sqm of industrial facilities, iconic Caribbean market, generous open spaces, meticulously maintained landscaping and a lake. Up to 235,000sqm of office space is proposed over the next few years. Caribbean Park boasts a truly master planned office destination with a vision that will continue to uphold the parks current profile of being the best in the country.
CBRE’s Elise Betts and Gianni Macdonald negotiated the deals on behalf of the Spooner family, who has privately owned the 180 hectare park since World War II.
Ms Betts said that Bendigo Bank was attracted to the property due to the quality of the development and the natural parkland setting.
“Bendigo Bank was impressed by the high quality finishes, flexible floorplates and the beautiful setting that encourages it staff to take advantage of the running and cycling tracks,” Ms Betts said.
Ben Spooner, Caribbean Park Director, commented; “The commencement of the master planned office park has been a great success so far and empowers the family to look further into world trends to maintain an amazing and unique place to work in a parkland setting.”
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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 (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.