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...
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.
Affinity Windows subleases Viridian’s former Jandakot base negotiated by CBRE
Affinity Windows, a division of BGC, is relocating to a larger, state of the art premises in Jandakot. CBRE Geoff Fraser brokered the five-year sublease deal on behalf of CSR Building Products Group.
Reserve price smashed for Dandenong South industrial facility at 4.26% yield Sold by CBRE
CBRE Tim Homes, Lachlan Ferguson and Ned Murphy have sold 6 Capital Drive $710,000 above reserve when ten bidders pushed the sale yield for a Dandenong South manufacturing facility to a low 4.26% amid strong ongoing demand for industrial investment opportunities.
Centuria Capital lease to Soudal in Glendenning negotiated by CBRE
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.
