High Profile HQ Facility Fronting M50 At Red Cow Has Been Let To Leaseplan

Dublin, 1 October 2015 – An extensive Headquarter Facility extending to 2,296 sq m (24,714 sq ft) on a secure site of 2.5 acres has just been leased to LeasePlan by CBRE.

The property which benefits from an extensive concrete yard of 1.9 acres had been vacant following the exit of the previous tenant Kuehne + Nagle. The private Landlord originally developed the site over the last 45 years and was home to their business Hydraulic Services. Situated in a superb location directly fronting the M50 motorway at the Red Cow at the junction of Turnpike Road and Naas Road; the property benefits from unrivalled access to all arterial routes. The facility is within 2 minutes’ walk of the Tallaght/Connolly LUAS red line and access to the city centre is gained via the N7.

David Coffey, Financial Director stated that ‘due to ongoing growth and expansion LeasePlan are pleased to have secured such a large and well located site. This new location will assist in further professionalizing our re-marketing of ex lease vehicles.’

Jarlath Lynn,  Associate Director - CBRE Dublin Industrial Agency
The client is delighted in having secured a top caliber tenant on a long term lease.
Jarlath Lynn, Associate Director - CBRE Dublin Industrial Agency

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

In Ireland, with offices in Dublin and Belfast, CBRE is the country’s largest commercial real estate services company, now employing over 165 employees and offering a full range of property services including property sales and acquisitions, leasing and management, investment, corporate services, debt advisory, project management, consultancy, business rates and compulsory purchase, valuations and research. Please visit our website at www.cbre.ie or www.cbre.ie/ni.