PFI buys $17.2m Takanini property in sale and lease-back

Thu, 28 Mar 2019

By Jenny Ruth March 28 (BusinessDesk) - Property for Industry says it has bought an industrial property in Takanini for $17.2 million. The property at 51-61 Spartan Road comprises a warehouse of about 2,700 square-metres, 1,100 sqm of canopies, 550 sqm of office and 15,000 sqm of yard, the property investor says. The tenant, MaxiTRANS, is one of the largest suppliers of truck and trailer parts to the road transport industry in Australia and the largest supplier of locally manufactured road transport trailers in Australia and New Zealan...

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