King & Co have reported theirĀ Twenty 18 is off to a flying start. Its agents have hit the new year running with 18 deals been struck.

Mark Scammells, Group Property Director at King & Co reported, “While others in the industry flag January as a slow period for the Industrial sector, it has not been the case here at King & Co. Our team of experienced agents hit the ground running from week 1. The company received high levels of enquiry throughout January and we were able to service these enquiries with a selection of properties that meet the criteria.”

Sales enquiries were strong from the owner occupier market, 6 transactions took place with a combined property value of over $12m

8 Siltstone Place, Berrinba

Leasing enquiry was good, with agreements reached on 12 properties with over 25,000mĀ² of combined industrial floor space leased.

1 Murdoch Circuit, Acacia Ridge

Developments, the division reported receipt of 2 Council approvals within the month. This will see construction of over $7m worth of new buildings. Construction is due to commence on both before the end of February.

YEA Development

Scammells commented “These are great results in a month where many in the industrial sector consider to be a lean period. Our team at King & Co are set for a buoyant 2018 and are at the ready to assist our clients in anyway they can”

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