Tuesday, 25 October 2016
New South Wales
Sydney Office Lease Wrap (www.afr.com)
John Holland has leased a 1,172m² office space for 9 months at 50 Bridge Street, Sydney for approx $670/m² net p.a.
Interactive Community Care has leased a 449m² office space for 5 years at 88 Phillip Street, Parramatta for $410/m² gross p.a.
North Sydney Retail Space Leased (www.afr.com)
LHM Food Group has leased a 58.8m² retail space for 4 years at 105 Miller Street, North Sydney for $1,700/m² gross p.a.
Sydney Office and Warehouse Lease Wrap (www.afr.com)
Retailer Kitchen Trend has leased a 580m² office and warehouse property for 3 years at 108 Newton Road, Wetherill Park for $105/m² net p.a.
Let’s Play Games has leased a 1,380m² office and warehouse property for 5 years at 122-124 Hassall Street, Wetherill Park for $122/m² gross p.a.
Melbourne Office Building Sold (www.afr.com)
AFIAA has acquired the 26-level office building at 114 William Street, Melbourne for $161.5 million ($7,682/m² of NLA).
The building comprises 21,022m² of NLA and has undergone recent upgrades to foyers, full floor refurbishments and new End of Trip Facilities.
Dandenong South Industrial Facility Sold (www.afr.com)
Primewest has acquired an industrial facility at 47-63 Remington Drive, Dandenong South for $9.06 million ($974/m² of NLA), reflecting a yield of 8.25%.
The property comprises 9,300m² of NLA across two buildings and occupies a 1.87ha site area.
Melbourne Retail Lease Wrap (www.afr.com)
StreetKitchenCo has leased a 171m² retail space for 5 years on Swan Street, Richmond for $438/m² gross p.a.
A private operator has leased an 80m² retail space for 4 years at 154 Greville Street, Prahran for $725/m² net p.a.
Brisbane Office Lease Wrap (www.afr.com)
Vocus Communications has leased a 619m² office space for 7 years at 300 Ann Street, Brisbane for an undisclosed sum.
Front Row Financial Management has leased an 80m² office space for 2 years at 160 Lytton Road, Morningside for $228/m² net p.a.
#SydneyOfficeLeaseWrap #NorthSydneyRetailSpaceLeased #SydneyOfficeandWarehouseLeaseWrap #MelbourneOfficeBuildingSold #DandenongSouthIndustrialFacilitySold #MelbourneRetailLeaseWrap #BrisbaneOfficeLeaseWrap