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Industrial deals are being driven by tenants who are stockpiling items in the lead-up to the busy Christmas shopping frenzy to avoid disruption from the ongoing supply chain issues, according to leading deal makers.
Industrial deals are being driven by tenants who are stockpiling items in the lead-up to the busy Christmas shopping frenzy to avoid disruption from the ongoing supply chain issues, according to leading deal makers.
Market wrap: sales and leasing activity in and around Sydney Normal text size LIDCOMBE Southern Cross Produce Export (Sydney) Pty Ltd has inked a lease for a 3153 sq m industrial site at 12-14 Birnie Avenue from a private investor. The property is fitted out as cold storage facility and has a large hardstand area proving great container access and office accommodation with full staffing amenities. The three-year lease was signed at a rent of $82 per sq m. JLL’s Marco Chiodo, BOTANY The Sydney Art Store Pty Ltd has leased a 250 sq m industrial at 10 Tenterden Road from MGJ Pty Ltd. The lea...