Biotech specialist Aegros has leased 4,439 sq m on a six 12 months lease and medical tools group Saluda leased 2,592 sq m on a seven-year lease, at Australian Unity’s 5 Eden Park Drive. The lease is $380 per sq m on the workplace and $295 pr sq m on the manufacturing house. The two teams have been drawn to web site due its current infrastructure, which suited the tenants’ manufacturing, analysis and growth necessities. CBRE’s Geoff Hunt, Peter Mangraviti and Ben Byford, negotiated the leases.
Designer Transport has sub leased a 3,508 sq m warehouse at Unit 6, 2 Southridge Street from a unnamed landlord on an 18 month lease. The annual gross rental is $560,000 for the warehouse with 3,916 sq m of gross ground space. John Swanson and Alex Sarroff of Savills Australia negotiated the lease.
GB Auto Group Pty Ltd has leased a 967 sq m web site together with a 140 sq m workplace and 827.5 sq m warehouse at 10 McCormack Street from a non-public landlord. The lease time period is 5 years plus a 5 12 months possibility at a lease of $120.26 per sq m. Robert Ally of Bawdens negotiated the lease.
Bolo Baking Ink Pty Ltd has leased 165 sq m at 10/112 McEvoy Street from Lyari Holdings Pty Ltd. The lease time period is 4 years on a lease of $545.45 sq m gross. Marino Rodriguez, Taylor Nicholas South Sydney, negotiated the lease.
Woolpack Australia has inked a brand new lease for a bigger 665 sq m warehouse and workplace web site at 40 Egerton Street from Clubmore Pty Ltd No. 1 Trust. The lease time period is three years plus a two 12 months possibility at a lease of $160 per sq m. Phil Higgins and Robert Ally of Bawdens negotiated the lease.
Friending Pty Ltd has inked a brand new lease for a bigger 582 sq m web site at 4/200 Fairfield Road from EBA Group Pty Ltd. The lease time period is three years plus a two 12 months possibility at a lease of $60,000 each year internet. Robery Ally of Bawdens negotiated the lease.
Residential property developer Sekisui House Australia has appointed Jeff Cummings as a non-executive director as the corporate builds on its development over the previous eleven years. In this function, Mr. Cummings will likely be chargeable for offering strategic recommendation to the enterprise, increasing the corporate’s community, and managing company governance.
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Carolyn Cummins is Commercial Property Editor for The Sydney Morning Herald.