National health business finds new home in Brendale QLD
JLL Director of Industrial Nick Bandiera together with JLL Industrial Executive Fraser Power have successfully relocated Oborne Health.
BRISBANE 23 September 2020 – JLL Director of Industrial Nick Bandiera together with JLL Industrial Executive Fraser Power have successfully relocated Oborne Health, a nationally based distributor of natural medicines and alternative healthcare products, to their new Queensland headquarters in Brendale, north west of Brisbane’s CBD.
Oborne Health have leased a 3,216sqm modern, tilt panel office and warehouse located within the New Base Estate at 6-12 French Avenue in Brendale for a five-year period with options.
“The deal was finalised at a rental rate of $120sqm, representing one of the more significant leasing transactions in the area to date,” said JLL’s Nick Bandiera.
“Oborne Health were relocating out of a 1,500sqm warehouse nearby and wanted to stay within the immediate area. The business had initiated plans to upscale pre-COVID-19 but those plans were temporarily put on hold while they dealt with the lockdown, staff safety and the wave of consumer demand that followed.”
“While it was clear that Oborne Health wanted to stay local, their brief for a new building had a strict set of requirements to meet in order to maximise overall operational efficiency and to safeguard the longevity of their next move.
“This made the search quite challenging, with limited options available within the immediate area meeting all of their requirements.
“These challenges were overcome when a mining related business made the decision to consolidate their operations back to their Perth headquarters and the building at 6-12 French Avenue became available, which ticked all the boxes for Oborne Health,” said Mr Bandiera.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of nearly 93,000 as of June 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.