MORELLA SCORES DEAL OF THE YEAR AT PRESTIGIOUS AWARDS
In a coup for local Canberra agent, Frank Morella, Managing Director of Raine and Horne Commercial Canberra, has taken out the prestigious “Transaction of the Year” award at the recent national DEXUS awards.
The 19th annual DEXUS Property Group’s Excellence in Agency awards were held last Friday night, 5th of October at Sydney’s Doltone House. The annual awards recognise agent and agency performance on leasing and sales transactions successfully completed on behalf of DEXUS Property Group during the financial year.
Frank Morella took out top honours, of “Transaction of the Year” award, for leasing 10,883m² at Garema Court, Canberra.
Frank and his team, notably Mark Terracini, successfully secured the lease of the Garema Court building to DRALGAS, the Federal Department of Regional Australia, Local Government, Arts and Sport. The Government department took the entire building, with no downtime for DEXUS. In a market with considerable vacancy, the deal added millions to the value of the DEXUS building.
The award was presented by television host Natalie Gruzlewski.
A clearly elated Mr Morella said the award “recognised a major transaction and also acknowledged the relationship forged with this major national property trust”.
He also stated the award “…bolsters our reputation in the market and further proves that a local Canberra agent can give the national market a run for their money, especially given the other national deals I’ve made on behalf of DEXUS, including transactions in Parramatta, Sydney and Hobart, Tasmania”.