Bayleys agents have sold 3 industrial properties in East Tamaki, Mt Wellington & Wiri, and secured a long-term lease to EBOS Group Ltd on a new warehouse developed by Auckland International Airport Ltd in its Landing business park.
Bayleys sold 8 properties for $16.6 million at its first Total Property commercial auction for the year on Wednesday (one of those shortly post-auction), out of 14 on offer.
Commercial Realty Ltd agents have completed 4 $50,000-plus industrial property sales & 6 leases in the 3 months November-January.
The Trust Investments Property Fund has ended up with ownership of HEB Construction Ltd’s headquarters building in Wiri at a slightly higher price than it negotiated early last year after the rental figure was finalised, taking its portfolio of commercial properties to $150 million.
Bayleys agents in South Auckland have sold 9 units in stage 1 of the new Wiri Station Business Park.
Argosy Property Ltd has sold 2 properties in Hastings & Palmerston North, reducing assets outside its core Auckland & Wellington markets to 3, and it’s added an industrial yard in Wiri (outlined in picture above) to the Auckland portfolio.