Melbourne

LOGOS secures Altona deal with major transport and logistics company

Property group LOGOS has secured Tony Innaimo Transport as the final tenant for its speculative 30,000sqm industrial development at Altona.

09 Sep 2020

Property group LOGOS has secured Tony Innaimo Transport as the final tenant for its speculative 30,000sqm industrial development at Altona.

The family-owned and operated freight transportation and logistics company has leased 7,300sqm of office warehouse space at the Altona Logistics Estate in one of west Melbourne’s most sought-after logistics precincts.

CBRE’s Tom Murphy, Harry Kalaitzis, Todd Grima and Tom Hayes negotiated the five-year lease, which involves Tenancy C at 44 Marshall Court.

The deal was secured at an initial net rental of $82psm.

The A-grade logistics facility benefits from its proximity to the M1 Princes Freeway, providing easy access to the Western Ring Road and the Port of Melbourne.

It offers a high clearance warehouse, two-level corporate office, complete drive around truck access and low site coverage, with large loading and container laydown areas.

“The successful leasing of this 7,300sqm tenancy achieves full occupancy for LOGOS at its speculative Altona development,” Mr Murphy said.

“LOGOS is now focused on securing more occupiers for its Truganina Logistics Estate, which has already attracted high quality tenants.”

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About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at https://www.cbre.com.