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.

The Australian arm of sealant, construction foam and adhesive manufacturer Soudal has found a new home in Sydney’s west.

Soudal has moved into 75 Owen Street, Glendenning, on a five-year lease for an annual net rent of $135/sqm.

The European brand relocates from Seven Hills to the 5,670sqm site to accommodate its growth in the Australian market.

The Centuria Capital-owned property features a 4,670sqm freestanding building with warehouse and office space, an expansive and secure yard, and easy access to the M7.

CBRE’s John Micallef, Moshe Greengarten and Cam Grier secured the tenancy on behalf of Centuria Capital.

“Soudal chose this property due to its corporate appeal, large yard and proximity to its key staff and customers,” Mr Micallef said.

“With the former tenant vacating at the end of March there was zero vacancy, highlighting the significant demand for well-located buildings in western Sydney.”

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