The INDUSTRIALIST

Two side-by-side warehouses sold by AND Property Two side-by-side warehouses located in Clayton sold for $15,000,000, by AND Property agents Bryce Pane, Ricardo Cappelletti, and Ben Quennell. “The properties were sold with a lease in place for the current occupier, and the transaction involved several moving parts. AND Property proactively approached the owner on behalf of the purchaser, who owns an established importing business in the area,” said Bryce Pane. Ricardo Cappelletti added, “The location is highly sought after by local occupiers and investors, offering strategic positioning for the purchaser.” “With a combined sale rate of $3,000 per sqm, this is a strong result for properties of this size in Clayton,” commented Ben Quennell. Read more on The Industrialist - https://lnkd.in/gGcbiZAe Jamie Blackburn Daniel Barr-Waanders #industrialwarehouse #sold #melbre #melbourneinvestment #industrialinvestment

Major Botany industrial site for sale - Ray White Commercial Industrial City South William Gathercole of RWC Industrial City South, in conjunction with Marcus Schraag and Charlie McKenzie of X Commercial, market a prime industrial property at 9-13 Byrnes Street Botany for sale on behalf of the Micos Family. William Gathercole highlighted the site’s unique appeal: "It’s not often that properties like this become available, especially one that you can start working on immediately. The proximity to Sydney's major ports and the ability to unlock immediate value, makes this a rare and valuable acquisition." “With four separate lots, buyers have the flexibility to easily subdivide or customise the space, which is rare in a market like Botany” He added. Read more on The Industrialist - https://lnkd.in/gcUtfdNH James Linacre Dan White Leteicha Wilson Veronica Rodriguez Nina Clarke Cassandra Glover Erin Penfold Vanessa Rader Oliver Totani Jack Dyson Harry Einarson Peter Vines Victor Sheu 许博超 Vee Li Scott Stephens Lachie Hale Jaems Balfour Joseph Assaf Daniel O'Brien Alex Bennett David Brown Angus Morrison Tim Morrison Tony Crane George Carydis Lachlan Palm #rwc #RWCindustrialcitysouth #xcommercial #botanyforsale #sydneyinvestment #realestate #industrialinvestment

How is the industrial market tracking in Australia’s two biggest cities - Knight Frank Australia The industrial vacancy rate in Sydney and Melbourne has continued to rise over Q3 as the market continues to normalise, according to the latest research from Knight Frank. Knight Frank National Head of Industrial Logistics James Templeton said the industrial market had stabilised over 2024. “Vacancy has risen again in Q3, largely due to ongoing supply additions, and Tenants are taking longer to make decisions, impacting take up figures. It’s evident tenant demand is stronger for newer, high-quality buildings.” Read more on The Industrialist - https://lnkd.in/gxFazA2Y James Reeves Joel Davy Geoff Thomson Mark Clifford Angus Klem Sarah Clark Melanie Rusk-Dunn Taylor Wardle Vanessa De Groot COMMO #knightfrank #market #industrialmarket #knightfrankreport #vacancyrates #realestatemarket #industrial #industrialland #industrialdevelopment #industrialleasing #industrialrealestate

3Q rental growth slows for national logistics & industrial markets - JLL JLL’s 3Q 2024 Research figures show face rental growth slowed to 0.9% quarter-on-quarter in 3Q, with annual growth remains very strong, discussed JLL’s Head of Logistics and Industrial – Australia, Peter Blade (JP) and JLL’s Head of Strategic Research – Australia, Annabel McFarlane. JLL’s Head of Logistics and Industrial – Australia, Peter Blade (JP) , said: “The logistics occupier market has changed substantially over the course of this year. 3PL companies are waiting to secure a particular contract before they commit to new facilities. Additionally, many are still rightsizing distribution networks down from elevated levels maintained over the last four years, in line with eCommerce demand normalising. “ JLL’s Head of Strategic Research – Australia, Annabel McFarlane, said: “NAB’s Online retail sales index showed Australia’s online penetration rate has increased again to 13.5% in July 2024 from the trough recorded at 12.9% in 2022. The world of online shopping is still growing as consumers have made it part of their daily lives and this bodes well for the long-term resilience of logistics occupier demand.”  Read more on The Industrialist - https://lnkd.in/g3QryYxE Richard Phillips Sandy Ng Greg Pike Matthew Lee #jll #renatlmarket #australiamarket #australiarealestate #industrialandlogistics #jllresearch #jllq3research #industrialmarket #logisitcsmarket

The Surge in Subleases and Lease Re-Assignments in Melbourne’s East – Colliers As market conditions evolve trends shift in response influencing the growing need for businesses to adapt and change in order to keep up, says Colliers Industrial & Logistics experts Jonathan Mercuri and Stephanie Archer. “We are increasingly witnessing businesses seeking flexibility in their real estate commitments, resulting in a rise in the number of sub-leases and lease re-assignments in the Melbourne East market.” Mentioned Jonathan Mercuri. “The shifts across the market have made it more common to see businesses coming to us to leverage our market knowledge, track record and to discuss strategies to adjust their current leases through re-assignments and subleases.” Said Stephanie Archer. Read more on The Industrialist - https://lnkd.in/gbP-fEfx Gavin Bishop Taylor Bass Nick Evans Jessica Evans Charlie Woodley Stephen Ryan Ned Walmsley Anthony Ongarello Joel Cattell Paul McGlynn Trent Gallagher #colliers #melbre #melbournemarket #melbournerealestate #subleasing #subletting #leasing #realestatemarket #rentals

Warwick industrial site sold by Colliers A 2.17ha facility that formally housed News Corp Australia’s printing division APN Print at 56 Kenilworth Street Morgan Park sold by Colliers team of Simon Beirne and Angus Yule. Colliers Queensland Industrial Executive Angus Yule said there was continued demand for commercial space in Warwick driven by population growth and economic activity. “Over the campaign, we received strong interest from both investors and owner occupiers, who were attracted to the large existing office/warehouse facility with a versatile building layout and low site cover which offers the potential for future expansion,” Angus Yule said. Colliers Queensland Chief Executive Simon Beirne said as investor confidence in the regional economy had increased, commercial asset sales in the Southern Downs region had experienced steady growth. Read more on The Industrialist - https://lnkd.in/gdQEjB_j Gavin Bishop Taylor Bass Nick Evans Jessica Evans Charlie Woodley Stephen Ryan Ned Walmsley Anthony Ongarello Joel Cattell Paul McGlynn Trent Gallagher #colliers #industrialsite #industrial #queenslandre #industrialinvestment #sold #investment #industrialfacility #industrialwarehousesold

Industrial investment sold at auction for $3.352 million - RWC Gateway A Rocklea industrial investment at 17 Sherwood Rd, Rocklea sold by RWC Gateway agents Ben Sands, Peter Laoudikos and AJ Calvet. Ben Sands said while the property had previously been on the market with another agency, they had not been able to generate a result. “The previous owner bought the property in 1986 and has held it as an investment the entire time,” he said. Read more on The Industrialist - https://lnkd.in/gSxh5jJH Jack Gwyn Jared Doyle Liam Coughlan Alex Lewis Madeline McDonagh Marc Zietsman izaack powell James Linacre Vanessa Rader Peter Vines #rwcgateway #rwc #qldrealestate #industrialinvestment #industrialsite #industrialwarehouse #sold #rockleainvestment #rockleaindustrial

South Sydney industrial landholding sold by Colliers A core plus industrial investment with significant development potential located at 60-66 Perry Street & 1 Kelly Street, Matraville sold by Colliers,Trent Gallagher, Michael Crombie, Gavin Bishop and Sean Thomson together with The Agency Real Estate Australia’s Michael Laing. It is exciting to find such creative older style buildings knowing that developers have the ability to bring a new lease of life for this precinct which is likely to have a flow on effect to the greater Matraville/Port Botany area,” Michael Crombie said. “This offering presented an extremely rare opportunity to acquire a flagship site, strategically positioned within the most tightly held industrial market in Sydney,” Trent Gallagher said. “Low vacancy rates in land-constrained and infill markets like Matraville, coupled with its proximity to critical infrastructure such as Port Botany and Sydney Airport, have driven resilient rental growth. This will continue to position Matraville as a key investment precinct for both domestic and offshore sophisticated investors,” Sean Thomson said. Read more on the Industrialist - https://lnkd.in/gMy2-YWg Taylor Bass Nick Evans Jessica Evans Charlie Woodley Stephen Ryan Paul McGlynn #colliers #southsydney #matravillesold #industrialsitesold #realestatesold #sydneyre #sydneyrealestate #industrialnews #industrialland #industrialrealestate #industrialdevelopment #industrialinvestment

Cadence Property Group completes The Crossing industrial estate with $120m cold storage facility Cadence Property Group has completed the development of its 50-hectare industrial estate in Truganina, The Crossing, after securing a pre-lease with Laverton Cold Storage (LCS). The Crossing is a 50-hectare mixed use business park located in Melbourne’s booming western corridor. Situated at the intersection of Leakes and Forsyth Rd, Truganina, The Crossing is centrally placed within one of Australia’s fastest growing residential and employment catchments and in close proximity to major road, rail and port infrastructure. Cadence Property Group acquired the site in 2016 and has progressively developed the estate over eight stages through a mixture of small and large lot subdivision and built form development.  Read more on The INDUSTRIALIST > https://lnkd.in/g7Y7aG7Y Cadence Property Group Laverton Cold Storage COMMO Charlie Buxton Katherine Bithavas Jamie Fowler Marco Cunningham Kai Recht Erika Peter Matthew Alderman Tony Mount Jonathan Johnstone Sam King Mitchell Kent Tabitha Wong #cadencepropertygroup #melbournedevelopments #lavertoncoldstorage #developmentnewsaustralia #industrialleasing #industrialland #industrialdevelopment #industrialconstruction #coldstorage

Warehouse on the edge of Perth CBD for sale - Knight Frank 7 Fore Street is being taken to market via an Offers to Purchase campaign run by Knight Frank Australia agents Jonathan Wong and Cory Dell'Olio. The property at 7 Fore Street, which consists of a 1,362sq m warehouse on a 1,879sq m site, has been occupied by the Lucky Import and Export Co since 1991, but it will be sold with vacant possession. The site is zoned mixed-use, and offers flexible development potential, with R80 zoning and a maximum height of four storeys. COMMO Vanessa De Groot Angus Klem Geoff Thomson Mark Clifford James Templeton Taylor Wardle Melanie Rusk-Dunn Sarah Clark Jeremy Robotham #knightfrank #perthindustrialsite #perthwarehouseforsale #7forestforsale #industrialnews #australianindustrialmarket #industrialrealestate #industrialand #industrialleasing #perthre #industrialdevelopment