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High demand for industrial land to drive 2021 market

Premium Content Subscriber only An expert says Mackay s commercial real estate sector will continue weathering the worst of COVID-19 as more businesses invest in the region. Retail Major commercial real estate player Collier International stated online retail sales in the eight months to August 2020 had surged by more than 80 per cent. It explained this had translated into retailers looking for warehouse spaces to fulfil orders. Explore Property commercial director Jordan Millers said there had been good demand in the Mackay area over the past 12 months from bulky goods retailers looking for well-exposed properties. There s a couple of new players, Mr Miller said.

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