Patience needed to find the perfect space
In a market that is seeing increased vacancy with reports of fewer tenants for industrial space, Colliers International says it has leased more than 80,000sq m of industrial space this year, including large leases in Auckland for four globally recognised brands Mercedes, DSV Air & Sea, Kmart and Dunlop Living.
Greg Goldfinch, manager of Colliers’ Highbrook office, says parties seeking to create deals need to be patient as the lead-in time can take years.
“Tenants are taking a long-term view to ensure they get the right solution,” Goldfinch says.
Read the full article here > http://www.nzherald.co.nz/auckland-city/news/article.cfm?l_id=164&objectid=10669295&ref=rss
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Patience needed to find the perfect space
August 28, 2010 Leave a Comment
In a market that is seeing increased vacancy with reports of fewer tenants for industrial space, Colliers International says it has leased more than 80,000sq m of industrial space this year, including large leases in Auckland for four globally recognised brands Mercedes, DSV Air & Sea, Kmart and Dunlop Living.
Greg Goldfinch, manager of Colliers’ Highbrook office, says parties seeking to create deals need to be patient as the lead-in time can take years.
“Tenants are taking a long-term view to ensure they get the right solution,” Goldfinch says.
Read the full article here > http://www.nzherald.co.nz/auckland-city/news/article.cfm?l_id=164&objectid=10669295&ref=rss
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Filed under Industry Commentary Tagged with Industrial Space