Thirsty Camel moves to Hawthorn


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Opticomm has leased a 1400 sq m office and warehouse at 18-22 Salmon Street in a deal negotiated by CBRE’s Guy Naselli, Jake George and Ben Quennell. The fibre optic company signed a $280,000 per annum net five-year lease. The premises were formerly occupied by logistics firm DHL which has relocated to the west.


Braeside


Gale Pacific has committed to a brand new distribution facility at Frasers Property Australia’s Braeside Industrial Estate. The deal, negotiated by Colliers International’s James Stott and Gordon Code, will trigger another 10,643 sq m speculatively built facility. Once fully occupied, the site will have an end value of more than $29 million. Gale will take Warehouse A in Beyer Road. The 9146 sq m facility was leased for five years at a rate understood to be about $90 per sq m. “The move marks a strategic shift for Gale Pacific, allowing them to run a distribution facility near their head office,” Mr Stott said.


Burwood


A Queensland-based solar company Blue Sun Group has expanded into Victoria, leasing a warehouse at 125 Highbury Road. Crabtrees Real Estate Rodney King brokered a deal for the 330 sq m facility at $57,000 per annum net, equating to a rate of $173 per sq m. “The tenant was attracted to the central location of the warehouse with easy access across the south-east of Melbourne where their market is growing,” Mr King said.


Article source: https://www.smh.com.au/national/nsw/man-stabbed-after-argument-at-newtown-unit-block-police-20190119-p50scz.html?ref=rss&utm_medium=rss&utm_source=rss_feed

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