Botany industrial assets sold for $9.52m - Cushman & Wakefield
Four highly functional and well-appointed adjoining warehouse units in one of Sydney’s most dynamic and highly sought-after industrial precincts for $9.52 million sold on strong yield through Nick Mallett and Jake Savery of Cushman & Wakefield
Purpose Built Vehicle Storage Facility Truganina leased by Colliers
Victoria’s West purpose Built Vehicle storage Facility, 51 Dunmore Drive Truganinaha leased by Colliers agents Nick Saunders and Hugh Gilbert. The 86,856m² site leased for 18 months at annual rental income of $2.02 million.
Industrial development sells out for $11.085M - RWC
An industrial development Hemmant sold out for a total of $11.085 million. Located at 1305 Lytton Road, the Caves at Hemmant development is an 11 lot development of industrial strata warehouse units ranging from 180sqm to 380sqm.
Two adjoining industrial facilities Hobart sold in one line - Knight Frank
Two side-by-side industrial properties Hobart sold to local investor following strong enquiry during the sales campaign. 9 and 9A Lampton Avenue Derwent Park sold for $2.9 m negotiated by Knight Frank agents Tom Balcombe and Matthew Wallace.
BNE’s largest development to deliver for Queensland
Brisbane Airport is beginning construction of its largest industrial project, a state-of-the-art $50million parcel facility for Australia Post’s StarTrack Premium site, making it the postal service’s second largest in Queensland.
Frasers Property Industrial and ESR Australia jointly acquire 64-ha land parcel from Salta Properties to create c.$900 million industrial estate
The Cranbourne site was purchased from Salta Properties by the 50:50 JV between Frasers Property Industrial and ESR Australia, with Andrew O’Connell from GO Commercial Industrial brokering the deal.
GMS Australia a leading medical radiations supply chain has sold its Wetherill Park building for $45 million - CBRE
Global Medical Solutions Australia, the country’s leading medical radiations supply chain has sold its 8,795sqm industrial building in Western Sydney’s Wetherill Park for $45 million, through CBRE’s Elijah Shakir and Michael O’Neill marking the property’s third sale since 2017.
UniSuper and ISPT acquire a 280-hectare greenfield logistics development site Burra Park in a 50/50 joint venture
The acquisition was negotiated on behalf of the purchasers by real estate investment management firm Richmond Bridge, said” We believe this is the best industrial development site in Australia and will benefit from the enormous amount of infrastructure investment occurring in the Aerotropolis...
Listed real estate fund secures prime Wetherill Park industrial facility - Cushman & Wakefield
Cushman & Wakefield agents Carl Pearce, Alistair Siokos and Nick Brooks have facilitated the acquisition of a high-clearance, freestanding industrial facility Wetherill Park NSW on behalf of a listed real estate
Gift and party supplier Design Group Australia secures 28,062 sqm & 10-year lease in Dandenong South
Design Group Australia, one of Australia’s largest merchandise suppliers of gift wrap, catalogue and private label greeting cards, Christmas crackers, stationary, and party supplies, has signed onto a new 10-year lease in Dandenong South.
