14/06/2013 - ISGM makes call to move on
KEEN to find more space and get out of the rat race, telecommunications services company ISGM has found an office in Brisbane’s north.
The rapidly expanding company, which acquired BDS People in 2010, was previously at Nundah, near the airport.
But in a deal brokered by Raine & Horne Commercial, it has leased 557sqm of near-new office space at 1/38 Leonard Cres, Brendale. In the deal, the company, which signed a contract valued at $17.9 million with NBN to connect multi-unit dwellings in Queensland and the Northern Territory, will pay $125,325 a year on a two-year lease with options.
ISGM executive general manager John Ryan said the property was ‘‘very nice’’, with floor-to-ceiling glass providing natural light. It was also close to a train station.
‘‘It’s large, open-plan and the owner did a lot of fit out for us free of charge and has been accommodating in every way,’’ Mr Ryan said. ‘‘He’s got additional space here which is what we’ve looked at as well.’’ Mr Ryan said the former premises near the airport had been between several congested roads.
He said getting out of the gridlock was a priority for the business. Raine & Horne Commercial’s
Tim Jones said the owner of the Brendale property had pulled out all the stops to get the office space into shape for the new tenants.
‘‘He’s got a background in building and construction, so he was able to deliver their property to them in a really tight timeframe,’’ he said. ‘‘They wanted to be in there with the fit out they wanted it within a month, so someone being able to deliver something that quickly and have leases and the fit out done within a month’s time is pretty impressive.’’
Mr Jones said the company specifically wanted to move into the Brendale area, which narrowed their property options. ‘‘The area itself is growing a lot, but it’s a lot of industrial and showroom development,’’ Mr Jones said.
‘‘There were two or three options for them and they preferred this one over the others because it was in close proximity to the railway station and it allowed them to grow in future,’’ he said.
The space had been vacant before ISGM took up the lease.
Source: The Courier Mail, Primesite, Friday 14 June 2013