Rexel takes new lease at Dandenong through Savills

Rexel takes new lease at Dandenong through Savills
Rexel takes new lease at Dandenong through Savills

Wholesale electrical supplier Rexel has agreed terms on a new lease over a showroom/warehouse facility at Dandenong in Melbourne’s south-eastern suburbs. 

The 45 Greens Road property comprises an 1,120 square metre showroom and warehouse building, located within a trade showroom complex.  

According to Savills’ director Keith Kooloos, who negotiated the deal with Tsimos Commercial’s Ron Jones, Rexel signed a five-year lease with two five-year options.  

The rental was not disclosed but believed to be circa $100,000 per annum net.  

Kooloos said the property ticked all the boxes for Rexel. 

"Rexel had several requirements including exposure in the right location for tradespeople. The new building in a trades complex on one of the south-east’s key arterials was just the right fit providing excellent client accessibility and frontage to Greens Road,’’ he said.  

The lessor is a private Melbourne family.

Tags: 
Warehouse Lease

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