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Sign in Sign up for a FREE subscriptionBlackstone sells Brisbane office for A$524m
Brisbane, Australia–based Cromwell Property Group has agreed to buy the 400 George St. building in Brisbane from Blackstone and German financial company HSBC Trinkaus for A$524.75 million ($355.05 million).
The 35-story building is located in Brisbane’s North Quarter precinct and totals 473,375 square feet, which includes retail space and a 23-space basement parking garage. Tenants include the Australian Competition and Consumer Commission (ACCC), Cooper Grace Ward Lawyers and Microsoft, as well as several State and Federal Government departments including the Fair Work Ombudsman.
