Industrial Property News

ISSUE 176 | DECEMBER 2024 | 02 9630 8000 | PAGE 8 www.linkedin.com/ company/bawdens Follow us on LinkedIn • Stay informed • Find out what transactions we have just completed • Be up to date with the current market offerings FOR LEASE Camellia 777m2 approx. Substantial-Sized Office In Prime Location • Fantastic value • Ample parking • Frontage and exposure • Popular complex Jarrad Love: 0408 817 025 Barry Cawthorn: 0417 288 975 BAWDENS ASSET MANAGEMENT Asset Management Vacancy Rate Office Industrial Retail 3.28% 0.59% 3.57% BAWDENS ASSET MANAGEMENT Bawdens use their e-cloud technology to complete behavioural marketing that identifies the buyers or tenants who will pay the highest price or rental. We are Sydney’s only Industrial Agency utilising behavioural marketing. MARKETING Asset Management – Renegotiating Favourable Lease Terms Senior Asset Manager Karson Evans and Asset Manager Anthony Tomic recently finalised a successful lease renewal for a property in Regents Park, marking a win for both the property owner and the tenant. Through careful and open negotiation, they secured a significant rental uplift from $110 psm net to $150 psm net on a 3 year term. This rental increase reflects both strategy and improved market conditions enhancing the overall value of the asset. Karson and Anthony were able to build on solid market analysis and long-term relationship management by leveraging up-to-date market evidence, they demonstrated the value of the property in line with current rates, allowing for a fair and competitive rental adjustment. Additionally, their continued strong relationship with the tenant fostered a constructive negotiation environment, where both parties were open to terms that would support the tenant’s ongoing occupancy while boosting the owner’s rental income. This outcome is a testament to the value of Bawdens commitment to effective asset management. By staying attuned to market shifts and cultivating strong tenant relationships, Karson and Anthony not only safeguarded the assets’ financial growth but also ensured stability for a valued tenant. Their diligent work reinforces Bawdens reputation for delivering superior client outcomes through proactive, market-driven lease management. FOR LEASE Brand New Warehouse For Sale • Air-conditioned mezzanine office • Brand new amenities • Parking at the door • Container high roller door access • Secured estate Monjer Khan: 0422 753 262 South Windsor 219m2 approx.

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