Industrial Sector Still Strong – We need more stock

Industrial Sector Still Strong – We need more stock

Industrial Sector Still Strong – We need more stock

As with the last update we have continued with good news in the industrial leasing with strong leases again being achieved.  However we need your help. Our stock is low and demand is higher than we can accommodate.  If you have anyone in your circle of friends with an empty industrial property in Broome please get them to speak to our commercial department so that we can get them on the list for potential tenants.  With new business coming into town and others expanding or consolidating we do not have the variety of available premises demanded.
 
We have just leased the last of the stock in the new industrial estate, another smaller one in the Port Area is now being negotiated (did not even hit the web).  What are they looking for? A bit of yard space, office and warehousing. If there is a residence in place they will also look at this. Quality warehousing with high access doors, fairly priced to meet the market and you will lease
 
Office space and retail sector is still not on the agenda and we may have to wait until after the State Elections before we see any movement here.  As with our last newsletter Broome is Open for Business and all looks positive over the next few years. Whilst we may not achieve the returns of the past we can achieve returns in the close future.  If you are looking at buying or leasing in the near future look at doing this now before there is nothing left to choose from.

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