18/09/09 - Growth Projects Put Demand On Factories

Courier Mail Prime Site - 18/09/2009

The leasing market on Brisbane's northside is reaping the rewards of infrasructure projects around the city.

Two large manufacturing tenancies have been secured in the same street at Northgate by companies tapping into the work. Both leases were negotiated by Lawrence Temple of Raine & Horne Commercial.

Coastal Steel Fixing has expanded to a 3,100sqm facility at 43 Raubers Road from its Sunshine Coast head office.

The deal was struck for about $300,000 a year net plus GST and outgoings.

Coastal Steel Fixing has taken over the lease from a steel/engineering company which no longer needed the space.

At 71 Raubers Road a national tenant has taken out a three year lease with a three year option on a 2,200sqm tilt panel office/warehouse facility. The lease is worth $297,000 a year plus GST and outgoings.

For further information, contact Marketing Agent Lawrence Temple on 0423 591 534

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