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...
Northgate industrial property with development potential sold $6m+ by Ray White Commercial and Knight Frank
A Northgate Industrial property offering a development opportunity on a high-profile corner site in Northgate sold for more than $6 million. The deal was negotiated by Tom Barr and Paul Anderson of Ray White Commercial Queensland in conjunction with Jason March and Blake Goddard of Knight Frank...
Penrith City Council buys 16 ha of industrial land in Emu Plains to boost local economy
Penrith City Council today announces the purchase of 16.29 hectares of industrial land at 158-164 Old Bathurst Road, Emu Plains, to enhance local employment opportunities and stimulate the local economy.
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...
Western Sydney land market experiencing unprecedented levels of demand - Colliers
Colliers latest Industrial Development Update has found that demand for industrial land in Western Sydney continues unabated as institutional groups adopt a build-to-core strategy.
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.
