Altona distribution facility for food packaging wholesaler Pinnacle CBRE
Sydney-based food packaging supplier Pinnacle Packaging has selected a site in Altona for its first distribution facility in Melbourne. CBRE Fergus Pragnell, Tom Murphy and Ricardo Cappelletti negotiated the lease.
Blonde Robot Secures Preston lease negotiated by NSL Property Group
A office/showroom and warehouse located in one of Prestons industrial pockets 14 Railway Place leased by Blonde Robot. NSL Property Group Director Guy Naselli negotiated the lease.
Retired toolmaker sells Smithfield property for $3.21m at 3.43% net by CBRE
The former owner of industrial equipment manufacturer Quality Tool & Die NSW companys long-time base at 95 Percival Road sold for $3.21 million negotiated by Janet Joljian of CBRE.
Affinity Windows subleases Viridian’s former Jandakot base negotiated by CBRE
Affinity Windows, a division of BGC, is relocating to a larger, state of the art premises in Jandakot. CBRE Geoff Fraser brokered the five-year sublease deal on behalf of CSR Building Products Group.
Reserve price smashed for Dandenong South industrial facility at 4.26% yield Sold by CBRE
CBRE Tim Homes, Lachlan Ferguson and Ned Murphy have sold 6 Capital Drive $710,000 above reserve when ten bidders pushed the sale yield for a Dandenong South manufacturing facility to a low 4.26% amid strong ongoing demand for industrial investment opportunities.
Centuria Capital lease to Soudal in Glendenning negotiated by CBRE
The Australian arm of sealant, construction foam and adhesive manufacturer Soudal has moved into 75 Owen Street, Glendenning. CBRE John Micallef, Moshe Greengarten and Cam Grier negotiated the lease to Soudal on behalf of Centuria Capital.
Oxworks one of Australia’s largest fencing manufacturers secure Smithfield premises negotiated by Coutts
Continuing the theme from 2020, the Sydney industrial property market remains tight as the middle of 2021 approaches. Coutts Wetherill Park Director David Ferreri in conjunction with JLL recently negotiated a 1,105sqm lease deal at 8 Cullen Place Smithfield.
Former turkey processing site in McLaren Vale Sold to B&E Foods by CBRE
Wholesale foods supplier B&E Foods has expanded its footprint after acquiring a one-time Ingham’s turkey processing site in McLaren Flat. The deal was negotiated by Phil Schell CBRE Agribusiness team.
ESR Australia adds pre-commitment from two anchor tenants at $320m Horsley Logistics by CBRE
ESR Australia adds 56,000sqm to its logistics portfolio with pre-commitment from two anchor tenants at $320m Horsley Logistics. CBRE Cameron Grier and Moshe Greengarten negotiated the transactions in conjunction with ESR Australia.
