Published 14 August 2007
In this first batch of deals reported by CBRE sales people, I’ve omitted 2 of the biggest transactions in which the agency was involved – sales of the Carter Holt Harvey portfolio & of the Lion Nathan property on Khyber Pass Rd, which have both already been reported.
The list below is a mix of sales & leases. It will be followed by more deals completed in Manukau and on the North Shore. The list appears on the Property organisations/Agencies/CBRE page, and individual transactions will be repeated on the Neighbourhood pages.
Newmarket, 136 Broadway, ASB Building, lease between 136 Broadway Ltd (lessor) & Gourmet Food Publishing Ltd (lessee) on one office floor, 305m² net lettable area at $233/m², one parking space at $40/week rental; agent Wendy Sharkey
Onehunga, 148 Arthur St, unit 14 (opposite Dressmart), 449m² one-storey freehold retail building erected in 2001 on 1118m² site, 24 parking spaces, occupied by Paperplus with Kiwibank outlet, on lease running for 8 years from May 2005, sold for $1.95 million at 7.9% yield in transaction between private investors; CBRE agents Ivan Mendonca & Lindsay Jackson
East Tamaki, 31 Stonedon Drive, warehouse & 2 levels of offices, showroom & amenities, completed in September 2003, previous owner Matand Trust, new owner-occupier Gasparre Holdings Pty Ltd, gross floor area 1275m² on 2000m² site, 16 parking spaces, sold with vacant possession for $2.2 million; agents Nigel Hewitson & Scott Soroka
Wellington, 181 Wakefield St, Gillies Group House office lease between Wake Holdings Ltd (lessor) & Karactaz Ltd (lessee); 110.7m² plus carparks, rental $350/m²; agent Jay Parag
Attribution: CBRE release, story written by Bob Dey for this website.