Market wrap: sales and leasing activity in and around Sydney
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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 lease term is three years at a rent of $240 per sq m gross.