TriMark Expands And Extends Lease For 120,000 SF Industrial Space At 325 Valley Drive In Brisbane
325 Valley Drive
120 SF
Summary
A lease agreement has been signed for an industrial property located at 325 Valley Drive in Brisbane. The property, spanning 120,000 square feet, will be occupied solely by TriMark, the largest food service equipment dealer in the US. The lease, facilitated by listing agent Joe Harney of Reliance Real Estate Advisors, will commence in the spring of next year.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Date: 04/25/2023
- Address: 325 Valley Drive, Brisbane
- Market: Brisbane
TriMark, known for its extensive range of food service equipment, has secured a lease for seven years, expanding and extending its current industrial footprint in Brisbane. With this new lease, TriMark will occupy a warehouse with 15 truck docks, approximately 80 parking spaces, and outdoor storage on a 5-acre lot. The lease agreement solidifies TriMark's position in the market and highlights its commitment to serving its customers in the area.
The landlord for the property is Valley 325 LP, while TriMark was represented by Jason Cranston from JLL. Joe Harney, from Reliance Real Estate Advisors, acted as the landlord's representative in the negotiation.
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