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Property Solutions: Great Bayside Results
June 9, 2020
Small Businesses Most Active
- In the eight weeks of April and May, Nichols Crowder transacted 61 properties, with 26% of these transactions being sales, and 74% being leases. The main activity was coming from small business owners and operators.
- 80% of the leasing activity was in the industrial sector and in properties less than 500sqm
- The industry types providing the most activity were: Transport / logistics, Construction / home maintenance, Health & professional services, Digital e-commerce, Food-related preparation, distribution, packaging
- Moving forward, we anticipate small businesses will remain active in the market, and medium-sized businesses will re-emerge post-lockdown to implement their changed business strategies. In so doing many will relocate.
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All information and sizes are approximates. Particulars herein are for information only and do not constitute any representation by the owner or agent. Interested parties should make their own enquiries. If you do not wish to receive further information please contact our privacy offi cer. If your property is exclusively listed witn another agent, please disregard this notice.
Put your property with the Leaders of the South East
We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.