Cyber security giant snares Lower North Shore office
Fortinet has snapped up an A-grade McMahon’s Point office to occupy, from local investment house, Kingsmede.
The three storey warehouse conversion at 162 Blues Points Road is setting the cyber security company back c$60 million.
Kingsmede, via a company, with BL Point, paid $20m in 2012, later branding it as the Amari Suites office complex.
The asset, with c4050 square metres, was repurposed nearly 25 years ago (story continues below).
Colliers’ Alex McColl, James Mitchell and Gillian Kaplan with Knight Frank’s Graeme Russell brokered the latest sale.
Fortinet will relocate from the CBD’s The Rocks. It also occupies a Berry St, North Sydney, space.
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