Top Brisbane Tower Sells

Defying the COVID-19 market uncertainty, 340 Adelaide has changed hands at $87 million. It was sold by Flint Davidson, Tom Phipps and Bruce Baker of CBRE Brisbane on behalf of Mirvac. The purchaser is Forza Capital, a Melbourne based property investment group founded by Adam Murchie and Ashley Wain in 2010; the property will be placed in the new Forza 340 Adelaide Street Fund.

340 Adelaide is a 17-storey commercial building completed in July 1991. The building comprises two basement levels with car parking for 100 vehicles, ground floor retail space and 16 upper levels of office space, plus a rooftop recreation area and end of trip facilities. It is located in Brisbane’s ‘Golden Triangle’ precinct and has a 5-star NABERS rating after…

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