Strong investor interest has underpinned the successful auction sales of two western Sydney industrial properties for a combined total of close to $9 million.
A Centennial Industrial Logistics managed partnership has purchased a 35,719sqm industrial site in Campbellfield for $13,297,000. CBRE Associate Director, Daniel Eramo, and Senior Director, James Jorgensen, negotiated the sale.
Since its launch in 2018, prices for the state-of-the-art industrial units at Interlink Strathfield have soared by as much as 30% says Niemeyer’s Pedro Tabrizi and Robert McLaurin.