FACING UP TO A NEED TO CONSOLIDATE - 17.04.2015

PHIL BARTSCH

A CONSTRUCTION industry training specialist has assembled its operations under one roof after securing a facility north of Brisbane.

Face to Face Training Services has taken a four-year lease with two three-year options on a 1670sqm  office/warehouse at 36 Kremzow Rd, Brendale.

On a 2687sq m parcel of land, it comprises about 920sqm of office space and a 750sqm warehouse. The deal  as negotiated by NAI Harcourt’s Phil Grant and Raine & Horne Commercial’s Dillon Murphy, who introduced the  tenant.

It was struck at a rental rate of $250,000 plus GST and outgoings.

Mr Grant said Face to Face Training Services moved quickly to secure the facility. 

“They were not after the traditional sort of set up but something with a larger office component,” he said.

“And the combination of that and the ability to utilise the existing fitout and the warehouse for training as well as the property’s access and ample car parking made it a good opportunity.”

Mr Murphy said Face to Face Training Services had previously been operating from three separate locations in the Brendale area and would now combine operations.

“They were focused on staying in Brendale and this property presented very well so they jumped at the opportunity,” he said.

Mr Grant said over the past 12 months there had been a significant uptake of good quality stock in the precinct, particularly freestanding properties.

“We’re now facing a bit of a shortage and with quite a few groups with requirement still in the market, secondary stock also in now being taken up,” Mr Grant said..

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