Brandon Park Shopping Centre

Marketing for Sale

"… record price"

Isador A. Magid - Managing Director
OVERLAND DEVELOPMENT CORPORATION

"We made the decision to appoint Gardner+Lang for the sale, even though Chris Lang had just taken over as Managing Director. The end result validated our decision - despite the constraints we actually placed upon marketing the property.

"Gardner+Lang finally concluded negotiations some eight weeks later at a figure of $51 million - which I am told was a record price for a retail property in Victoria at the time.

"We were very satisfied with the result, which concluded a profitable era of involvement for us, with Brandon Park Shopping Centre itself."

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