Projects | Industrial

Industrial Strata Units, Lane Cove NSW
Transaction and Strategic Asset Management

Palladium was appointed to manage the leasing and disposal of new hi-tech industrial strata units in a moderately oversupplied, competitive market. Palladium secured $8.5 million of sales plus additional leasing income for the developer, through creating a disposal strategy, providing transaction management services, reviewing market rates, devising a budget for and management of marketing campaign as well as heading final negotiations with all lessees and purchasers to meet target objectives.

Logistics Centre, Ingleburn NSW
Development Management

Palladium provided ‘Cradle to Grave’ management of the development process to ensure an efficient and cost effective high clearance warehouse and office designed to significantly reduce energy and water consumption.  We appointed and managed a “horses-for-courses” professional team selected to ensure effective, practical and cost effective design; liaised with the financial lenders and managed the planning process to ensure timely DA/CC approvals and negotiated with utility providers regarding contribution to works completed. Palladium managed the tender process and appointed a suitable contractor, supported by the professional team. Various expert consultants were appointed to manage associated risk issues with latent ground conditions and other factors.

Existing Industrial Development, Yennora NSW
Advisory and Transaction Management

Palladium was instructed to assist in the disposal of remaining strata units in a moderately over-supplied market. We investigated current competing supply, asking rates, appointed a leading specialist area agent and devising a strategy to lease and sell part supply as investment units. Palladium’s role was also expanded to identify market conditions and reason for slow rate of leasing and sales.  This was achieved through a investigation of current and planned infrastructure and industrial developments within certain radii, together with sales/rental evidence and anecdotal demand for the proposed development.

We provided strategic advice for this expanding firm, identifying comprehensive range of alternative accommodation solutions across Metropolitan Sydney. The role comprised comprehensive representation services securing a long term lease with option on attractive rental and terms best suited to the company’s growth logistics requirements in a 1,200m² assembly, display and office space warehouse facility.