06/05/2011- US office company finds Banyo land a perfect match
A facility on Brisbane’s Northside has been secured by a US-based office furniture installation and relocation company that is expanding its local operation.
Service West has signed a four-year commitment on an 846sqm office and warehouse at 919-925 Nudgee Rd, Banyo.
It has relocated from a smaller facility at Allworth St, Northgate.
The Banyo property has 50sqm of office space, 796sqm of warehouse and 600sqm of exclusive-use fenced hardstand.
Lawrence Temple and Nick Whinnett from Raine & Horne Commercial negotiated the deal.
It was struck with a four-year option at a leasing rate of $105,750 a year.
Mr Temple said Service West’s business was growing and its previous facility had become too small.
He said the company had looked at several other properties but the functionality of the Banyo facility appealed.
‘The building was perfect for them’ he said.
‘The exclusive-use hardstand area and the owners offer to build in the required office space clinched the deal. There are very limited opportunities for quality, functional industrial office-warehouse facilities in the 500-1500sqm range in the Northgate-Banyo area’ he said.