CBRE named agent for Bahrain's Park Place
Manama, February 20, 2011
CB Richard Ellis (CBRE), the world’s largest real estate services firm, has been appointed exclusive agent for the new Park Place commercial centre and car park, located in Bahrain’s Seef business district.
Offering five floors of commercial office space and over 160 car parking spaces spread across eight levels, Park Place is due to open at the end of the first quarter.
“Not only does Park Place provide first class commercial space offering tenants cost savings, but the surplus parking slots will be offered to occupiers of adjacent buildings at very competitive rates. This will help elevate the chronic shortage of parking in the area which is a problem on any given business day,” said Steve Mayes, manager, Sales & Agency at CB Richard Ellis.
Comprising thirteen floors and nearly 10,000 sqm of built up area, standing on a plot of some 892 sqm this new landmark building of was designed by renowned firm Mazen Alumran Consulting Engineers.
Park Place will offer a 575 sqm floor plate and very high specification international grade A ‘fitted’ commercial office space including raised floors, ceilings, air conditioning and IT and telecommunication provision.-TradeArabia News Service