This article is from the Australian Property Journal archive
SAM Tarascio’s Salta Properties and Abacus Property Group’s Melbourne city fringe commercial precinct Industry Lanes is fully leased.
Tarascio said this achievement reinforces confidence in Melbourne’s inner-city fringe and demonstrates the strength of this unique commercial offering.
Located at 459-471 Church Street in Richmond, Industry Lanes boasts hotel standard end-of-trip facilities comprising 20,000 sqm of space across three buildings in campus-style precinct.
“The exciting list of tenants is indicative of our investment into top-tier amenity and providing tailored workplace solutions.
“Industry Lanes is highly tech-savvy with agile workspaces and breakout zones for the modern employee. It heralds a new era of office development in Richmond and captures the very essence of what is a stylish, contemporary workspace in today’s design landscape.
“We thank our impressive team and agents who have worked tirelessly to promote the benefits of Industry Lanes which has resulted in the full house,” Tarascio added.
Tenants include:
- Immersive fitness experience 1R Australia;
- Flex workspace provider Hub which occupies 3,000 sqm on the fourth and fifth floors;
- Real estate agents Jellis Craig;
- Italian designer furniture and kitchen company Molteni&C occupies the ground floor, with 550 sqm of retail space dedicated to its Australian flagship showroom;
- Pharmaceutical company Arrotex has signed on for five years and occupies over 6,000 sqm across two buildings;
- Multinational communications and advertising agency M&C Saatchi on level 6 of Building A;
- Hospitality business Endeavour, consulting firm Johnson Partners, Icon Construction and media agency Half Dome on level 8;
- Global investment fund C&D Capital leased the entire top floor of Building;
- International learning company Pearson;
- And French Early Learning Centre which occupies all of Building C on a 15-year lease with indoor and outdoor facilities.
