Essential service investment stands out in 'extraordinary' year - Burgess Rawson
The stability of commercial property investment, in particular essential service sectors, proved the winner during a turbulent year, according to Burgess Rawson's 2019/20 Investment Sales Report.
Savills celebrates two new supermarket sales totalling $19 million
Savills has announced the off-market sale of a Woolworths supermarket in NSW for $14.65 million, as well as the successful transaction of Coles Kilsyth in Metropolitan Melbourne for $4.25 million in deals negotiated by Rick Silberman, Steven Lerche and Andrew Palmer.
Gertrude Grocer signs Fitzroy lease - Gray Johnson
High-end foodstuffs retailer The Gertrude Grocer has signed a three-year lease over the retail premises at 188-196 Gertrude Street Fitzroy in a deal negotiated by Rory White of Gray Johnson.
Baby Bunting to expand into 45,000 square metre Pellicano site
Baby Bunting has entered into a pre-lease agreement with diversified property developer Pellicano for the construction of a 24,307sqm warehouse and office facility at the latter's M2 Industry Park in Dandenong South.
David Jones Menswear store Bourke Street Mall sold for $121m by CBRE
Melbourne's David Jones menswear store at 299 Bourke Street Mall has sold to Newmark Capital for $121 million by CBRE’s Simon Rooney, Head of Retail Capital Markets - Pacific.
Office space leased in revamped Broadmeadows Town Hall - Gray Johnson
More than 400 square metres of office space in the refurbished Broadmeadows Town Hall building has been leased to a Victorian State Government department in a deal negotiated through Rory White of Gray Johnson.
West Melbourne office asset sold to complete $60 million portfolio - CBRE
An office asset at 383 Spencer Street, West Melbourne has been sold by CBRE’s Josh Rutman, Scott Orchard, David Minty and Scott Hawthorne, signalling the last of three neighbouring properties to be transacted by the agency.
The Village Dandenong Shopping Centre sold for $29.1 million - JLL
Woolworths-anchored The Village Dandenong Shopping Centre in Melbourne’s south-east has sold off-market for $29,100,000 to a Chinese private investor through JLL’s Stuart Taylor and Ming Xuan Li on behalf of Perth-based RG Property Group.
Mentone commercial freehold property sold for circa $2.1 million through Gray Johnson
A commercial property occupied for many years as the local Westpac Bank at 115 Mentone Parade in Mentone has been sold for circa $2.1 million in a transaction negotiated by Rory White from Gray Johnson.
