The INDUSTRIALIST’s Post

Prime industrial property in Sydney Alexandria for sale - Colliers and Cushman & Wakefield Colliers experts Trent Gallagher and Michael Crombie in conjunction with Cushman & Wakefield expert Tim Cassidy market a freehold industrial building at 5-7 Bourke Road Alexandria for sale. Colliers National Director Trent Gallagher said, "This property offers an astute owner-occupier the chance to acquire a freehold asset in Australia's strongest warehousing market. The site is also ideal for redevelopment, with zoning that allows for a maximum height limit of 45 metres. Its proximity to Green Square train station is another significant advantage." Michael Crombie, Colliers National Director, added, "It's rare to find such prime boutique buildings for sale so close to Green Square on a busy road." Tim Cassidy , Director at Cushman & Wakefield, noted, "The asset is ideally located in the vibrant inner-city suburb of Alexandria, approximately 5.7 kilometres south of the Sydney CBD and 200 meters from Green Square Station and Town Centre. “ Read more on The Industrialist - https://lnkd.in/g22XuW9F Gavin Bishop Taylor Bass Nick Evans Jessica Evans Charlie Woodley Stephen Ryan Ned Walmsley Anthony Ongarello Joel Cattell Paul McGlynn David Hall Gary Hyland Nick Goodridge Jay Nash David Norman #sydneyrealestate #industrialrealestate #industrialinvestment #sydneyinvestment #sydre #sydneywarehouse

The Strategic Last Mile Logistics Portfolio for sale in Noble Park - Colliers Colliers agents Daniel Telling, Gordon Code, Sam Hibbins, and Nicholas Simon have been appointed to market Noble Park Industrial for sale. The Noble Park Portfolio includes three standalone assets with a total building area of 10,77 sqm and a combined land area of 19,013 sqm. All properties are currently leased, providing a net passing income of $967,995 per annum and boasts a short WALE of 2.6 years by income, presenting significant near-term rental upside. “This is an ideal opportunity to capture the exceptional rental growth experienced in Melbourne’s South East industrial sector, which is outperforming other submarkets,” said Colliers National Director Gordon Code  “The portfolio offers 100% interest in the freehold properties, located within Melbourne’s tightly held Noble Park commercial/industrial precinct. The assets are perfectly positioned for final mile distribution, with limited future supply available to benefit from the surrounding residential catchment areas.” Daniel Telling, Colliers Industrial and Logistics Capital Markets Director, commented, “The Noble Park Portfolio represents a unique opportunity to acquire a core plus investment portfolio with ultimate flexibility. In particular the ability drive investment returns through not only rental growth, but the ability to reposition, redevelop and amalgate assets is a rare proposition within this precinct. “ Read more on The Industrialist - https://lnkd.in/gPnvGt5g Colliers Daniel Telling Gordon Code Sam Hibbins Nicholas Simon Gavin Bishop, Sean Thomson, Jessica Evans, Jade Irvine, Joshua Devitt, Jesse Osborne, Michael Crombie, Trent Gallagher, David Brisk, Nick Evans, Tom Barrett, Paul Tierney, Sam Hammond #colliers #nobleparkportfolio #noblepark #nobleparkinvestment #logisitics #melbournerealestate #realestateinvestment #melbre #industrialnews #industrialrealestate

Standalone Adelaide Industrial asset with vacant possession for sale - Colliers Industrial facility with vacant possession in tightly held Pooraka’s industrial area for sale exclusively Paul Tierney and Tom Barrett from Colliers, on behalf of a long-term private owner. The property is expected to achieve a sale price in the low to mid $13m range. Read more in The INDUSTRIALIST linked below: Luke Brown Gavin Bishop Sean Thomson Jessica Evans Taylor Bass Jade Irvine Daniel Telling Paul McGlynn Sam Thomlinson John Tsoutsa David Brisk Sam Hammond Nicholas Simon Hayden Dick Joshua Devitt #colliers #industrialleasing #industrialrealestate #industrialproperty #industrialdevelopment #warehouse #warehousespace #logisticsrealestate #adelaiderealestate #adelaideproperty #adelaidebusiness #realestate #commercialrealestate

🏗️Surrey industrial update: Build it or invest in it, and they will come As we move through 2024, we have seen a good level of industrial activity in Surrey. There has been a transition towards more quality premises, with the delivery of some much-needed Grade A industrial and logistics stock to meet occupier needs. However, with the flight to quality continuing, we must see more high-quality supply as Surrey industrial expert, partner Maria Hoadley, explains in this update which explores: ✅ The benefits of Surrey as an industrial location ✅ The latest rental trends ✅ The rise in demand for ESG-activated stock, which outweighs supply ✅ What's on the market ✅ The industrial supply gap Discover this and more 🔗⬇️ For help and support with your industrial property needs in Surrey, whether you are an occupier or landlord, get in touch. https://bit.ly/3UpGizM #Surrey #industrialmarket #industrialinsight #commercialproperty #commercialrealestate

Southwest Sydney industrial facility sold by Ray White Commercial A large vacant industrial facility in Sydney’s south west located at 68 Bridge Street, Picton sold by RWC (SC) agents Nick Ward and Samuel Hadgelias for $5.65 million. “The property was marketed as ‘vacant possession’ which generated significant interest from owner occupiers in the south west who had outgrown their current premises or had looming lease expiries and had been priced out of industrial precincts closer to Sydney,” Nick Ward said. “Picton's industrial precinct is seeing increased interest due to Sydney's limited and expensive land supply which has pushed many to explore areas outside the metropolitan scope,” Read more on The Industrialist - https://lnkd.in/gqEYXd_3 Nick Ward Samuel Hadgelias Ray White Commercial Leteicha Wilson Cassandra Glover Erin Penfold Veronica Rodriguez James Linacre Paul Anderson Owen White Vanessa Rader COMMO #sydneyre #rwc #raywhitecommercial #pictionindustrial #pictonre #pictonsold #industrialland #industrialleasing #industrialproperty #industrialrealestate #warehouse

Prime Collingwood site for sale - Cushman & Wakefield Cushman & Wakefield experts Daniel Wolman, Raphael Favas, Hamish Burgess and Leon Ma have been appointed to market 53-57 Cambridge Street, Collingwood for sale. Following a well publicised supply/demand imbalance for housing in one of Melbourne’s inner-city pockets is reaping the benefits as developer demand intensifies around the gentrified areas of Collingwood and Fitzroy and East Melbourne. Historically home to long standing rag traders and inner city warehouses, the precinct is now having this landscape redefined with a string of high end residential, hotel, office and BTR developments filling the skyline. Daniel Wolman, Cushman & Wakefield’s International Director & Co-Head Investment Sales, VIC, commented on the demand for property within the precinct “This area is undergoing significant growth and demand, bolstered by a number of highly successful developments across several asset classes including residential, office, hotel and living sectors. “The dynamic precinct has fostered the development of a number of differing uses creating a vibrant and thriving inner-city precinct that is well activated and sought after.” Raphael Favas, Cushman and Wakefield’s Manager of Investment Sales added “Given the expansive footprint, abundance of natural light from the triple street frontages and 10 on site car parks, we expect this opportunity to catch the attention of not just developers but active owner occupier mandates on our books too.” Read more on COMMO - https://lnkd.in/g7X4Yx66 Cushman & Wakefield Daniel Wolman Raphael Favas Hamish Burgess Leon Ma Ariel Lu Brittany Delahoy Cameron Zamora Jeff Ha Joe Kairouz Josh Andrade Kaylee Ke Marcus Neill Oliver Hay Valerie Tang #collingwoodinvestment #melbre #cushmanandwakefield #collingwoodopportunity #forsale #primelocation #melbre #melbournerealestate #cushwake

Colliers offer Braeside industrial infill site for sale In one of Melbourne’s most tightly held and sought-after industrial precincts on behalf of developer Steve Donnelly from Donnelly Group, Colliers agents Gordon Code and James Stott offer the Braeside warehouse for sale with price expectations in excess of $22 million. The large property is positioned on an expansive 15,778sqm of prime Industrial 1 zoned land including a building area of 11,173sqm. Gordon Code Industrial & Logistics National Director at Colliers, comments: “The last mile Bayside industrial market comprises of 2m sqm and 297 buildings, only one current vacancy or 0.34%, the tightest industrial precinct in VIC. Colliers National Director James Stott adds: “Bayside represents an only on-market opportunity to buy, with 0% leasing vacancy and is the 3rd largest industrial suburb in the southeast. Gavin Bishop Sophie Ralph Carly Ross Daniel Telling Nicholas Simon Stephanie Archer Jonathan Mercuri @Richard Wilkinson Hugh Gilbert COMMO The ASEAN Developer Taylor Bass #colliers #warehouse #industrialrealestate #industrialproperty #industrialland #industrialleasing #melbre #melbournerealestate

EG Funds historic Mungo Scott Building sold $23.8m to private investors - Knight Frank Australia & GPS EG’s Mungo Scott Building situated within the award-winning Flour Mill of Summer Hill precinct, sold by Jonathan Vaughan, Anthony Pirrottina, Demi Carigliano from Knight Frank, and Jason Wright, Chris Bailey and Liz Assadourian from GJS Property brokered the on-market transaction. Sean Fleming Head of Capital Transactions at EG Funds, said, “Investors value high-quality commercial buildings, even outside of the Sydney CBD, and this transaction signals the appetite that continues to exist for unique heritage office space which has been successfully repositioned and attracts a diverse tenant base”. Originally constructed in 1922, the site underwent a major transformation through the site redevelopment and a repositioning of multiple heritage buildings and was completed in 2019. The urban project introduced apartments, townhouses, and retail spaces. The historical Mungo Scott Building, a six-storey building with the original signage, underwent a $10.5 million repositioning to office and retail space. Knight Frank’s Anthony Pirrottina said the Mungo Scott building was a timeless investment proposition with immediate and long-term upside. The historical site won the NSW AILA Architecture Awards for Urban Design and was a finalist in the UDIA NSW Excellence in Urban Renewal/Adaptive Reuse category. The property was purchased by a Sydney-based private investor. RETalk Asia James Patterson Sarah Clark Vanessa De Groot Jason Wright Gordon Fallance Angus Grier Paul R. Mark Litwin James Masselos Grant Bulpett Rajandeep Kaur Alex Guilfoyle The ASEAN Developer Stephen Rich Roger Parker Trish Beerens Edward Hillier Daniel Francis Adrian Lee Gemma Moulang Grant Flannigan Sharon Chang Adam Geha Michael Easson #egfunds #knightfrank #sydneyre #sydneyrealestate #sydneypropertymarket #realestateinvesting #realestateagent #realestateinvestor #propertyinvestment #propertyindustry

Mordialloc Bayside industrial site with DA for sale - Colliers & Nichols Crowder Brix Property Group offer Infill Mordialloc land holding for sale with planning permit for a 25-unit industrial estate through agents Sam Hibbins and Luke Lowden from Colliers and James Glen and Julian Vautin from Nichols Crowder expect this asset to attract interest in excess of $9 million. The industrial 1 zoned site comes attached with a planning permit and development approval for a 25-unit industrial estate designed by renowned architects Watson Young Architects. It will cater to both bayside residents and businesses seeking nearby office/warehouse space for storage and business operations. Sam Hibbins Colliers Industrial and Logistics Associate Director, comments: “252-258 Lower Dandenong Road, Mordialloc is an irreplaceable Bayside industrial development site made even more attractive by the attached development approval for a 25-unit industrial estate. “Industrial leasing rates performed extremely strongly over the past 24 months. For warehouses sized 1,000sqm to 4,000sqm in Melbourne’s South East, we experienced an average 21% year-on-year increase of rental values in 2022 which was then backed up by a 10% increase in 2023. Gavin Bishop Sean Thomson Nick Evans Taylor Bass Camille Filippi Eccles Adam Brick Josh Dawson Josh Freezer Tom Simpson Killian Ford Adrian Garvey Matt Nichols Dani Gallichan Adrian Hsu Jamie Stuart #colliers #industrialleasing #industrialconstruction #industrialland #industrialdevelopment #industrialrealestate #melbre #melbourenrealestate

First lease signed in ESR Group’s new industrial estate in Melbourne’s North - Knight Frank Thomas Dodd and Daniel De Sanctis of Knight Frank have negotiated the first lease of ESR’s new industrial estate in Melbourne’s north, Coolaroo Industry Park to Doria Brothers Transport. Coolaroo Industry Park is an industrial estate of around 8 hectares, located approximately 18km north of the Melbourne CBD within an established industrial precinct. The development consists of three major warehousing facilities, with Warehouse 1 positioned at the front of the estate, featuring its own entrance and frontage along Glenelg Street. The warehouse offers eight on-grade roller doors and two recessed loading docks, 15 metre cantilevered awning, corporate first floor offices and a generous hardstand areas. Thomas Dodd said customer demand for space in Coolaroo Industry Park had been strong, with quality industrial facilities continuing to be sought after in Melbourne. Daniel De Sanctis said Coolaroo Industry Park and its surrounds form part of a tightly-held industrial and logistics precinct which is land constrained with limited future land competition. Read more on The Industrialist - https://lnkd.in/gXNRtSS2 COMMO Vanessa De Groot Taylor Wardle Sarah Clark Melanie Rusk-Dunn Knight Frank Australia James Templeton ESR Australia & NZ Scott Falvey Philip Pearce Joel Davy Steve Jones Robert Ewing Scott Travers Matt Gilbride Brendan Delahunty #melbre #industrialwarehouse #warehouseforlease #industrialpark #melbournerealestate #industrialleasing #industrialrealeatate #esr