La-Z-Boy takes a seat in Pinkenba for $3,800,000

by admin | 8th November 2010

Well known NSW headquartered reclining chair manufacturer La-Z-Boy Australia P/L has paid $3,800,000 for a 3,182m2 office/warehouse at 73 Bancroft Road, Pinkenba. King & Co’s  David Knapp handled the transaction, while another was the marketing agent.The vendor is undisclosed

Located on 8,646m2 of GI land in the heart of the Australia TradeCoast, the building comprises 2,920m2 of 7m-8.5m high warehouse accessed via 3 container height roller doors and 262m2 of commercial grade office. It is also fully sprinklered with water sourced from two large tanks, has good access to the Port, and enjoys exceptional truck manoeuvring space, all features that, according to Knapp,Òsealed the deal,  adding that although the firm has operated in Queensland for many years this is the first building they chose to buy.

The reclining chair was invented in the 1920′s in the USA by La-Z-Boy Incorporated and they have been perfecting it for the past 70 years. La-Z-Boy Recliners in Australia were previously known as Jason Recliners for over 50 years and they are now sold and distributed in Australia by La-Z-Boy Australia PTY LTD. Jason is an important part of the heritage of the product in Australia but the World wide name for the products is La-Z-Boy

According to a company spokesman, nobody has put more effort into perfecting the art of comfort than La-Z-Boy. We’ve been following in the footsteps of our founders Edward Knabusch and Edwin Shoemaker since 1927. Until Knabusch and Shoemaker, nobody had thought to design a chair to recline – strange but true. The inspiration didn’t stop there, the addition of upholstery turned the original outdoor recliner into an indoor seat which quickly became the world’s best seller

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