Natrio a global company specializing in the import and distribution of high volume, dry chemicals, efficient logistics and supply chain solutions has increased it’s Australian foot print acquiring a 25,140sqm site in the Australian Tradecoast Precinct for $18,815,000. 

Located adjacent to the Brisbane Airport and in close proximity to the Pinkenba Bulk Terminals, the site was sold with an existing development approval in place for a 14,800sqm bulk storage facility that the owner occupier intends to amend and develop for their own use. 

The off-market transaction was brokered by CG Property Group partners Mark Gilbride and Michael Callow on behalf of an Australian Based funds asset manager. 

Mr Callow said that the occupier had reviewed the market over the past four to five years and contracted the site to take advantage of access the Pinkenba bulk terminals allowing efficiencies through their shipping supply chain. 

He added that this year had seen a further increase in land values throughout the Tradecoast Precinct as it continued to outperform other industrial areas in Brisbane for infill opportunities.  

Mr Gilbride said that Brisbane had matured considerably post pandemic and owner occupier activity in infill markets remained strong with a significant increase in values as South East Queensland looks to benefit from population growth and infrastructure projects in the coming years.  

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