Lendlease has offloaded a Brisbane logistics site for $18.5 million as it continues to divest assets.
Centennial Property acquired the last-mile logistics infill site at 50-80 Manton Street, Morningside, 5km east of the CBD on the River City’s southside.
The 3.46ha site is in the Australia TradeCoast economic precinct and has been added to Centennial’s $700m Enhanced Value Partnership Fund with Brookfield.
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