Leasing at RIC B7 is in Full Swing! 8080 Zylmans Way is prepped and ready for construction of 190,000 square feet delivering in 2025. 🏭 Thank you to everyone in the industrial brokerage community who joined us at the Richmond Industrial Centre and participated in the Long Drive competition. And a big thank you to Colliers for organizing such a fun event. 🏌♀️ 🏌♂️ ⛳
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"Tenant Acquires San Jose Ground Lease for $10M" Read the full article below..
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Prime Perth development site sold - Colliers and RWC WA A rare 4.29ha site at 144 Carrington Street, O’Connor sold by Colliers experts Richard Cash, Sam Hammond and RWC WA experts Brett Wilkins and Stephen Harrison acting on behalf of Elsted Pty Ltd. Colliers Director of Industrial & Logistics WA, Sam Hammond said “This is one of the most significant industrial landholdings to come to the market in the past 12 months. We are thrilled to announce that the campaign has generated substantial interest, resulting in multiple offers and culminating in a successful sale at record pricing. RWC WA’s Director of Capital Markets, Brett Wilkins said "The sale of 144 Carrington Street underscores the strong demand for prime industrial land in Western Australia. This property’s strategic location, combined with its significant land area, made it a highly sought-after asset. The competitive bidding process reflects the confidence that local and national investors have in the long-term potential of the industrial sector in this region." Read more on The Industrialist - https://lnkd.in/gg3HRGiR Colliers Richard Cash Sam Hammond RWC WA Brett Wilkins Stephen Harrison Hayden Dick Benjamin Képes Sarah Casey James Linacre Leteicha Wilson Vanessa Rader Cassandra Glover Ray White Commercial Nina Clarke #colliers #raywhitecommercial #westernaustraliare #sold #property #commercialrealestate #industrialrealestate #industrial #development #industrialland #industrialdevelopment
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If you are considering leasing a commercial property, there are some key factors you need to be aware of when making your decision. In our latest article, Tollers' Commercial Property team sets out to explore the most important points to consider and guide you through the process, to ensure success. Read more here: https://lnkd.in/dGr_CJdi From the initial negotiations right through to picking up the keys to your new property…Talk to Tollers on 01604 258558 our Commercial Property team is here to guide you through to a satisfactory conclusion. #commercialproperty #commerciallease #property #talktotollers
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MAJOR TRANSACTION ANNOUNCEMENT - $600 MILLION | AUSTRAK BUSINESS PARK, SOMERTON VIC The Cushman & Wakefield Capital Markets Logistics & Industrial team would like to congratulate Aware Super and Barings on the successful acquisition of the 100% interest in Austrak Business Park, Somerton, VIC. This marks the largest estate transaction in Victorian history. Comprising a major intermodal estate across an impressive 100 ha of land within the heartland of Northern Melbourne’s core industrial precinct, Austrak Business Park is inclusive of a state-of-the-art intermodal terminal, stabilised component spanning ~190,000 sqm of GLA and future development land of ~38 ha with potential to add a further ~200,000 sqm of GLA. This transaction is the largest single asset sale within the industrial and logistics sector nationally since 2021 and highlights the sustained demand for scale within the Australian logistics and industrial landscape, reinforcing the sector as the preferred asset class in the APAC region. We would like to thank all involved in completing this landmark transaction. Michelle McNally Pete Carstairs Shaun Hannah Neva Courts Gareth Price For further information on this transaction, please contact Tony Iuliano (+61 412 992 830), Adrian Rowse (+61 414 836 817) or Chris Jones (+61 477 881 882). Read the article in The Australian today. https://lnkd.in/gqNhsmB3 Gary Hyland Charlie Holmes Nick Goodridge Jay Nash Brendan Harrison Oliver McIntosh Jack Shearer Vivian Nguyen Bronte Senn Sarah Baker #CushWakeCapitalMarkets #CushWake #CapitalMarkets #Industrial #Logistics #IndustrialandLogistics #Investments #Brokerage
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SOLD | $92,000,000 | 13-19 William Angliss Drive, Laverton North VIC On behalf of our valued vendor, the Cushman & Wakefield Capital Markets Logistics & Industrial team would like to congratulate KM Property Funds on the successful acquisition of 13-19 William Angliss Drive, Laverton North VIC for $92,000,000. The asset comprises a major industrial estate in the highly coveted and tightly held infill precinct of Laverton North in Melbourne’s West. Situated on a 12.1 hectare landholding with dual street frontages are three high quality office warehouse facilities plus 1.62 hectares of development land able to be immediately activated. The asset sold 100% occupied by two tenants, reflecting a WALE (by income) of 5.3 years. The current passing income profile equates to approximately 27% below the assessed market rental, offering significant reversionary upside in the medium-term. The asset sold via an International Expressions of Interest campaign and attracted interest on a local, national and international level given the strong underlying tenant covenant, future reversionary upside, and the ability to access the surplus land immediately. The sale represents one of the larger individual transactions this year within Victoria and highlights the ongoing demand for scale within the sector, particularly where the potential to further enhance returns exists. For further information on this transaction, please contact Tony Iuliano (+61 412 992 830), Chris Jones (+61 477 881 882) or Adrian Rowse (+61 414 836 817). Gary Hyland Nick Goodridge Charlie Holmes Brendan Harrison Oliver McIntosh Jack Shearer Vivian Nguyen Bronte Senn Sarah Baker #Cushwake #CapitalMarkets #Industrial #Logistics #LogisticsandIndustrial #Investments #Melbourne #Australia *in conjunction with JLL
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SOLD | $92,000,000 | 13-19 William Angliss Drive, Laverton North VIC On behalf of our valued vendor, the Cushman & Wakefield Capital Markets Logistics & Industrial team would like to congratulate KM Property Funds on the successful acquisition of 13-19 William Angliss Drive, Laverton North VIC for $92,000,000. The asset comprises a major industrial estate in the highly coveted and tightly held infill precinct of Laverton North in Melbourne’s West. Situated on a 12.1 hectare landholding with dual street frontages are three high quality office warehouse facilities plus 1.62 hectares of development land able to be immediately activated. The asset sold 100% occupied by two tenants, reflecting a WALE (by income) of 5.3 years. The current passing income profile equates to approximately 27% below the assessed market rental, offering significant reversionary upside in the medium-term. The asset sold via an International Expressions of Interest campaign and attracted interest on a local, national and international level given the strong underlying tenant covenant, future reversionary upside, and the ability to access the surplus land immediately. The sale represents one of the larger individual transactions this year within Victoria and highlights the ongoing demand for scale within the sector, particularly where the potential to further enhance returns exists. For further information on this transaction, please contact Tony Iuliano (+61 412 992 830), Chris Jones (+61 477 881 882) or Adrian Rowse (+61 414 836 817). Gary Hyland Nick Goodridge Charlie Holmes Brendan Harrison Oliver McIntosh Jack Shearer Vivian Nguyen Bronte Senn Sarah Baker #Cushwake #CapitalMarkets #Industrial #Logistics #LogisticsandIndustrial #Investments #Melbourne #Australia *in conjunction with JLL
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SOLD | $92,000,000 | 13-19 William Angliss Drive, Laverton North VIC On behalf of our valued vendor, the Cushman & Wakefield Capital Markets Logistics & Industrial team would like to congratulate KM Property Funds on the successful acquisition of 13-19 William Angliss Drive, Laverton North VIC for $92,000,000. The asset comprises a major industrial estate in the highly coveted and tightly held infill precinct of Laverton North in Melbourne’s West. Situated on a 12.1 hectare landholding with dual street frontages are three high quality office warehouse facilities plus 1.62 hectares of development land able to be immediately activated. The asset sold 100% occupied by two tenants, reflecting a WALE (by income) of 5.3 years. The current passing income profile equates to approximately 27% below the assessed market rental, offering significant reversionary upside in the medium-term. The asset sold via an International Expressions of Interest campaign and attracted interest on a local, national and international level given the strong underlying tenant covenant, future reversionary upside, and the ability to access the surplus land immediately. The sale represents one of the larger individual transactions this year within Victoria and highlights the ongoing demand for scale within the sector, particularly where the potential to further enhance returns exists. For further information on this transaction, please contact Tony Iuliano (+61 412 992 830), Chris Jones (+61 477 881 882) or Adrian Rowse (+61 414 836 817). Gary Hyland Nick Goodridge Charlie Holmes Brendan Harrison Jack Shearer Vivian Nguyen Bronte Senn Sarah Baker #Cushwake #CapitalMarkets #Industrial #Logistics #LogisticsandIndustrial #Investments #Melbourne #Australia *in conjunction with JLL
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Brisbane industrial portfolio sold for more than $14M - Ray White Commercial A portfolio of Brisbane industrial properties sold for a total of $14.39 million, marketed by RWC Gateway agents Jack Gwyn and Jared Doyle, alongside Ray White Commercial (Milton) agents Stephen Ferguson and Maclay Kenman. “The sale of these industrial assets signifies not only the demand of the properties themselves but also the strength of collaboration within the industry. Jack Gwyn said. “Of the seven properties sold, there were five investors and two owner occupiers largely due to the lease statuses across the portfolio.” Jared Doyle said supply remained scarce, driving competition and value appreciation. “This scarcity underscores the significance of strategic investments in well-positioned assets like those in Murarrie and Capalaba,” he said. Read more on The Industrialist - https://lnkd.in/g8p7zAWG RWC Gateway Jack Gwyn Jared Doyle Ray White Commercial (Milton) Stephen Ferguson Maclay Kenman James Linacre Paul Anderson Owen White Leteicha Wilson Vanessa Rader Cassandra Glover #brisbaneree #industrialmarket #rwc #rwcgateway #rwcmilton #brisbanemarket #brisbaneinvestments #industrialinvestment #industrialleasing #industrialrealestate #industrialproperty #brisbanerealestate #raywhitecommercial
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SOLD! $27,700,000 Multi-Tenant Industrial Complex in Mississauga Colliers National Investment Services is pleased to announce the successful sale of 2630-2666 Royal Windsor Drive, Mississauga. The subject property is a three-building, multi-tenant industrial complex with a total rentable area of 92,411 SF. The buildings are situated on an expansive 6.19 acre site that is zoned E3 permitting outside storage. The low building to lot coverage ratio of 34% provides approximately 1.8 acres of excess land that can accommodate trailer storage. At the time of sale, the property was approximately 85% occupied at in-place rents below market. Along with the vendor, we would also like to congratulate the purchaser on their acquisition of this strategic, multi-tenant industrial asset. Gord Cook Max Brenzel Farabe Wahab Ramona D'Souza Robert Frost Brian Rosen Daniel Holmes Tracy Macdonald Peter Garrigan #collierscanada #colliers #industrialrealestate #multitenant #warehouse #mississaugarealestate #investinginrealestate #realestate
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This has been a great client to work with and I'm pleased that as well as getting the correct Empty Property Relief applied, we were able to get all 20 (!) assessments taken out of the Rating List once the works at the property started. This has resulted in significant savings for the client during the void period. If you are considering a full refurbishment scheme during a void period, depending on the level of the refurbishment, the assessment could be reduced to a nominal amount or deleted from the Rating List altogether with potential savings of thousands of pounds. Please get in touch with the Business Rates team Fisher German LLP if you would like to discuss your Business Rates and find out what we can do for you. e - rachel.payne@fishergerman.co.uk #WeAreFg #BusinessRates #Property #Experts
🎉 Very pleased to have completed on the disposal of the entire 11,000 sq ft at 102 St Pancras Way in Camden on a long-term lease to an international supply chain company, with the tenant taking occupation upon completion of the refurbishment works. This year and a half project involved multiple service lines at Fisher German LLP, advising the client on inside the act lease negotiations, dilapidation settlement, project management of the refurbishment, empty business rates relief and disposal of the Leasehold interest. This has been a great team effort and showcases the range of services we can offer clients in London to maximise the performance of their commercial assets. If you’d like any strategic advice on your commercial assets, please get in touch, as we would be happy to assist. e - doug.gordon@fishergerman.co.uk Richard Clarke Rachel Payne IRRV (Dip) MRAU Robert Burcher Steven Frazer #wearefg #commercialproperty #camden
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