The INDUSTRIALIST’s Post

SOLD | 42,916m²* RARE INDUSTRIAL DEVELOPMENT SITE Colliers experts congratulate our esteemed client on the successful sale of 144 Carrington Street, O’Connor, Western Australia. This rare 4.29ha* site, strategically positioned on the major arterial route of Carrington Street, directly opposite the prestigious Royal Fremantle Golf Course, is the largest sale in WA for an industrial land holding in 2024. The transaction was expertly managed by Colliers’ State Chief Executive Richard Cash, and Director of Industrial & Logistics, Sam Hammond and Ray White’s Joint Managing Director, Brett Wilkins and Stephen Harrison. The asset was acquired by a local owner-occupier, underscoring the ongoing demand for industrial properties in Western Australia. Perth’s Industrial and Logistics market has seen substantial growth in recent years, with demand significantly outpacing supply. The resource sector’s influence on WA’s economy contributes to greater volatility in the delivery of new supply compared to East Coast capital cities. Additionally, competition from owner occupiers, rather than developers, for core development opportunities further impacts supply levels. During economic downturns, supply contracts and often fails to meet demand once conditions improve, primarily due to construction lead times and land availability. For further information on this transaction or if you have any sales or leasing needs, please reach out to the Colliers experts below. Sam Hammond | +61 413 664 247 | Sam.Hammond@colliers.com Richard Cash | +61 412 006 949 | Richard.Cash@colliers.com *Approximately Sam Hammond Hayden Dick Benjamin Képes #sold #colliers #property #commercialrealestate #industrialrealestate #industrial #development

Spotlight on Sydney’s industrial precincts - Knight Frank Australia By Knight Frank Associate Director, Research and Consulting Marco Mascitelli. Our recently-released Sydney industrial precinct report found robust leasing demand and low supply in the precinct has kept the vacancy the lowest among all precincts at 14,000sq m, which is 59% below the three-year average. Manufacturing, as the most active sector over the quarter, contributed 46% of total take-up, supported by Pac Trading taking circa 11,200sq m in Goodman’s Rosehill Industrial Estate. Average prime net face rent in the Inner West was reported as stable at $214/sq m, while secondary rents averaged $176/sq m. Some 70,000sq m of new supply is expected in 2024, which is 25% lower than 2023 .This new supply consists of two major developments – WH A1-A3 in Chullora Distribution Centre and 2 Christina Road, Villawood. Read more on The Industrialist - https://lnkd.in/gXMJ8iX2 James Templeton James Reeves Joel Davy Geoff Thomson Mark Clifford Angus Klem Vanessa De Groot Taylor Wardle Melanie Rusk-Dunn COMMO #knightfrank #sydneymarket #realestate #industrial #warehouse #sydneyrealestate #investments #knightfrankaustralia #industrialrealestate #industrialland #industrialdevelopment #industrialconstruction #logisticsrealestate

Receivers offer industrial facility Sydney's south west for sale - Ray White Commercial RWC(SC) agents Samuel Hadgelias and Nick Ward, appointed by BDO as Receivers, to market 15 Grahams Hill Road Narellan for sale. Samuel Hadgelias highlights Sydney's constrained supply and record-low vacancies, driving stakeholders to explore growth potential in less established areas to secure larger land holdings.” "Acquiring industrial assets of this scale is a rarity in Sydney’s south west and the property is being marketed as ‘vacant possession’ which is generating interest from owner occupiers who have outgrown their current premises and investors looking to capitalise on the incredibly strong occupier market with record low vacancy rates throughout Sydney’s south west," Nick Ward said. Read more on The Industrialist - https://lnkd.in/gwAZerqE Leslie Yifu Li Svetlana Lobinskaya Liam Regan Henry Robertson RWC Western Sydney Ray White Commercial (SC) Vanessa Rader James Linacre Leteicha Wilson BDO Haleh Fardin Cassandra Glover Fhovie de La Cruz Owen White Nina Clarke The ASEAN Developer COMMO #RWC #rwcsc #sydneyrealestate #industrialrealestate #industrialfacilityforsale #forsale #industrialinvestment #sydneyinvestment #sydneysouthwest

Industrial Sydney precinct sold to institutional investor - Colliers A strategic industrial landholding at 223 Rookwood Road, Chullora sold by Colliers experts Trent Gallagher, Gavin Bishop and Sean Thomson. “The success of this substantial sale transaction can be attributed to the sites unique land rich nature with diverse appeal to a large cross-section of the investment, development and occupier market. Given the property’s high-profile positioning and significant development potential, the adjoining landowner saw great value in further building out scale on the Rookwood Road thoroughfare,” Mr Trent Gallagher said. “Industrial sites with good access to power are in high demand, not only from occupiers but also from investors, due to their ability to support energy-intensive operations, ensuring smooth and efficient workflows. Additionally, these sites offer scalability, enabling businesses to expand as their energy needs grow, along with the potential for higher and better use in the future,” Mr Sean Thomson said. “We received strong interest for the asset given the tightly held nature of the Chullora industrial market and the land rich characteristic of the property. The low site coverage and quality warehouse improvements appealed to both the investment and owner occupier markets,” Mr Gavin Bishop said. Read more on The Industrialist -https://lnkd.in/gNKUACVs Colliers Trent Gallagher Gavin Bishop Sean Thomson Morgan Evans James Douglas Paul McGlynn Taylor Bass Nick Evans Jessica Evans COMMO #colliers #sydney #lanecove #lowernorthsore #industrial #sold #lanecoveinvestment #sydneyre #realestate #market #industrialland #industrialrealestate #industrialproperty

Prime inner city industrial freehold sold for $76m by Colliers & CBRE Prime industrial freehold property at 118-124 Bourke Road sold $76 million, setting a new benchmark, negotiated by Colliers team of Michael Crombie, Trent Gallagher, Gavin Bishop, Sean Thomson and Bastian VB ,in conjunction with the CBRE team of Jason Edge, Nathan Egan and Shaun Timbrell. “The pricing achieved for this Alexandria investment is testament that well-located, good quality buildings always achieve superior pricing. South Sydney has seen limited investment product come to market in 2024, as the majority of stock sold has been for a higher and better use. The interest from the REITS was extremely strong,” Michael Crombie said. “The South Sydney market continues to outperform with significant interest generated from a large cross section of the investment market. The highly functional improvements leased to Seven West Media and Telsa provided a medium-term WALE of 4.2 years. With interest rates forecasted to fall in early 2025, we expect to see yields to compress due to increased investor participation,” Gavin Bishop added. “The Bourke Rd sale further highlights that the South Sydney industrial precinct remains in high demand from both investors and global capital. The bidding was extremely competitive due to the high-quality improvements and strong underlying land value providing groups various short- and longer-term optionality,” Jason Edge said. Read more on The Industrialist - https://lnkd.in/g7wB9tFa Gavin Bishop Taylor Bass Nick Evans Jessica Evans Charlie Woodley Stephen Ryan Ned Walmsley Anthony Ongarello Joel Cattell Paul McGlynn Trent Gallagher #industrialrealestate #westersydneyrealestate #industrialwesternsydney #colliers #cbre #industrialfacility #industrialwarehosue

Brisbane’s industrial market strengthening in investment sales - Knight Frank Australia Investment turnover in Brisbane’s industrial market has strengthened as institutional buyers regain momentum and greater certainty around interest rates emerges says Research and Consulting Queensland Jennelle Wilson and Head of industrial Logistics Queensland Mark Clifford. Knight Frank Partner, Research and Consulting Queensland Jennelle Wilson said the weight of capital seeking Brisbane industrial indicates a slight firming of super prime yields to 5.78%. Knight Frank Head of industrial Logistics Queensland Mark Clifford said Brisbane’s industrial market was solid, but the strongest part of the market was industrial land sales. “There is extremely strong demand for land from both developers and owner occupiers but a shortage of supply in Brisbane, resulting in climbing land sales rates,” he said. “Over the past 12 months we have seen land values rise by nearly 23%. Further Knight Frank Industrial insights into Brisbane’s industrial leasing, vacancy and face rents on The INDUSTRIALIST > https://lnkd.in/gZdGdap6 James Templeton Lachlan Hateley Sam Harper Elliot Ryan Ned Jefferies Henry McKeering Ben Hatch Henri Thorsen Justin Bond Vanessa De Groot Sarah Clark Taylor Wardle Melanie Rusk-Dunn COMMO #knightfrankaustralia #industrialland #industrialeasing #industrialinvestment #industrialproperty #brisbanerealestate #logisticsrealestate #industrialdevelopment #knightfrankindustrial #industrialbuilding

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

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

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

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