Industrial Land Value hits record level with $17.2 million sale - Colliers
An industrial site in one of Brisbane’s most sought-after industrial precincts has sold for $17.2m off-market, highlighting the high demand for industrial real estate amidst an all-time scarcity of land.
West Melbourne industrial site sold to smash repairer - CBRE
The family-owned Goumas Smash Repairs has purchased a site at 17-31 Radcliffe Street West Melbourne sold for $12 million by CBRE’s Bryce Pane and Ricardo Cappellett.
Manufacturing and steel fabrication specialist Chess Engineering has sold its long-time base in Sydney’s south-west to a local developer for $18.93 million.
Five Glen Waverley industrial properties sold in a flurry by Colliers
Colliers has seen a flurry of sales activity in the traditionally tightly held Glen Waverley industrial precinct as investors and owner occupiers compete for a selection of standalone industrial properties sold by Colliers’ south-eastern industrial agents Andrew Chrapot and Harry Larwill.
Strong bidding for perfectly positioned office/warehouse sold by Fitzroys
The demand for main road locations and high accessibility of industrial properties was on display as four bidders competed for a Keilor Road warehouse sold by Fitzroys’ Marco Sandrin and Brent Glassford.
Campbellfield site sold $41m to US equity firm Cabot Properties by CBRE
US private equity real estate firm Cabot Properties has purchased a 93,074sqm landholding in Campbellfield for $41 million. 131-149 Somerton Road Campbellfield Sold by CBRE’s Daniel Eramo and Joe Brzezek.
St Marys industrial facility sells in $24.5m deal - Colliers
Over $85 million worth of industrial assets have been sold by Colliers Sydney West within the Western Sydney region through the first quarter of 2022. The St Marys industrial facility sold for $24.5m by Carl Pearce and Matthew Flynn of Colliers.