This article is from the Australian Property Journal archive
STOCKLAND has secured air conditioner manufacturer Daikin Australia for more than 3.3ha of space of its industrial business park in Warwick Farm.
The pre-lease agreement will see Daikin take 33,278sqm of gross lettable area at 200 Governor Macquarie Drive over 10 years.
It will take up residency within the 11-hectare business park in Sydney’s west in early 2018.
Savills Darren Curry negotiated the pre-lease, and said Daikin plans to use the development to cater for the expansion of their current site, at 62-66 Governor Macquarie Drive.
He said the new lease would cater for predominately office, warehousing and the wholesaling of Daikin products to trade services.
Stockland acquired the property from the Australian Turf Club in 2013. It was originally utilised as the Coopers Paddock horse training facility. The 200 Governor Macquarie Drive site is opposite the new Inglis thoroughbred horse stables and sale yard,who will relocate from their Randwick stables to Warwick Farm.
Savills has been appointed to secure a future tenant for the remaining 17,532sqm within the estate.
Australian Property Journal
