Toll NQX Leases 20,000 Square Metre Industrial Facility, Adelaide

NQX moves 2.6 million tonnes of freight nationally, and is one of the biggest service providers between Queensland and Northern Territory.

At other Lang Walker controlled industrial estates, petroleum giant Caltex and pump group KSB Australia have leased buildings at the $1 billion Citiswich Business Park, in Queensland, while about 51,000 square metres of industrial space is being negotiated at the Monaro Industrial Park in Canberra.

Mr Walker’s industrial portfolio in Melbourne – considered the “industrial capital” of Australia – is low, because the developer considers the market oversupplied.

Last month it was reported the Australian Taxation Office will lease office space at a new $750 million development at 735 Collins Street, Docklands, also being developed by Mr Walker.

 

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Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco

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