Sullivan doubles his money in $4.15m Vermont industrial sales CVA
Savvy Melbourne investor Brendan Sullivan has almost doubled his money in 18 months with the sale of two industrial units at Vermont in Melbourne’s outer east for a combined $4.15 million. The sales were negotiated by CVA Daniel Philip and Stan Dawidowski.
A Centennial Industrial & Logistics managed global partnership has purchased a high-profile, 25,201sqm industrial site in Melbourne’s northern suburbs for $19,215,000. 348 Cooper Street Epping sold by CBRE Associate Director Daniel Eramo.
Owner occupiers drive soaring western Melbourne industrial land prices CBRE
Land prices for industrial sites in Melbourne’s west have risen by more than 20% across the past eight months, as more owner occupiers look to put down roots. “Demand for quality industrial land and buildings within infill locations in western Melbourne is soaring to unseen levels,” said CBRE...
Hawthorn East warehouse office sold at 4.5% yield to investor by Stonebridge
Stonebridge Property Group has transacted a warehouse and office building at 17 Cato Street Hawthorn East sold for $4.2 million in an off-market transaction.The sale was completed by Stonebridge specialised city fringe investment team of Dylan Kilner and Max Warren.
Frasers Property Industrial fully leases Braeside Industrial Estate with ASX-listed IVE Group in $61m deal by GJS Property
Frasers Property Industrial in Australia has completed a fifth transaction with ASX listed IVE Group, leasing the balance of its Braeside Industrial Estate in Melbourne’s South-East to the ASX-listed marketing and communications business. The deal was brokered by Gordon Fallance from GJS...
Automotive giant Scania secures new DC in Melbourne industrial hub negotiated by CBRE
Automotive giant Scania has leased a distribution centre at 40 Decco Drive Campbell field for its spare parts business. CBRE Daniel Eramo and Joe Brzezek negotiated the 10-year lease transaction on behalf of lessor, Centennial Industrial & Logistics. CBRE Tony Tripodi represented the tenant...
JAX Agency International secure new premises Dandenong South by CBRE and NSL
CBRE and NSL Property Group has leased an office/showroom and warehouse located at 3/19 Columbia Court in South Dandenong’s premier industrial pocket secured by Jax Agency International. Guy Naselli Director NSL Property Group and Alex Grima Negotiator Industrial & Logistics CBRE negotiated...
Australian Industrial and logistics vacancy rates hit historic lows CBRE
The industrial vacancy rate across Australia’s major cities has fallen to a historic low of 2.24%, following occupier take up of space equating to the size of inner-city suburbs such as Glebe in Sydney or Carlton in Melbourne. CBRE Industrial Vacancy Report tracks net absorption across Australia...
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.
How to make sense of property values in the time of COVID-19, when there is no market
Urban Property Australia Founder and Managing Director, Sam Tamblyn examines how commercial property price trends will be determined in the wake of COVID-19.
How DRNKS, a niche Sydney business evolved with the changes COVID-19 restrictions imposed upon them. WILLIAMS MEDIA spoke with Ella Stening, 'Wine Lady' of DRNKS.
Sydney's most expensive property has sold for $140m
Kylie Rampa CEO of Property Lendlease says the $140 million sale of the One Sydney Harbour penthouse and sub-penthouse presents a paradigm shift in Australian property smashing $100,000 per square metre.
