Parmalat Foods Leases Frenchs Forest Warehouse
PARMALAT Food, a dairy group whose brands include Pauls Milk, has signed a 10-year lease for 1281 square metres of space at Frenchs Forest in Sydney’s north.
The group is reportedly paying rent of almost $180 per annum per square metre to occupy the warehouse at unit 1, 4 – 6 Aquatic Drive.
The deal, co-ordinated by Jones Lang LaSalle’s Ryan Carey on behalf of Nelia, will see fixed rental reviews of 4 per cent.
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