NEWS

Colliers International negotiates leases for two Osborne Park properties

New tenants found for buildings on Hasler Road and Guthrie Street.

Colliers International’s Stephen Baker has secured five-year leases for two Osborne Park office and warehouse properties.

Computer manufacturer and distributor Leader Systems leased the 1300sqm warehouse at 38 Guthrie Street and in a separate deal, a 1500sqm building on Hasler Road was leased to a business that had relocated from Belmont.

Mr Baker said demand was increasing for tenancies at Osborne Park because it was close to the city and both businesses had earmarked the area as an accessible location for their staff and clients.

“The leases included options to renew after five years and were signed with incentives,” Mr Baker said.

“We are still in a market where tenants can negotiate terms and in both cases the leases progressed because incentives were offered by the landlords.”

The properties have two-storey office accommodation and rear warehouse space. 

38 Guthrie Street

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