E-business drives race for space

INDUSTRIAL property is making a comeback, with more sales and leasing deals at solid levels. Demand is also rising for new leases as thesector battles with low supply.Taylor Nicholas has announced the release of the final 23 units for lease at a prime industrial site at 51 Leighton Place, Hornsby.A director at Taylor Nicholas Hills, Alex Hezari, said demand for industrial space in this area was rising and supply had been limited. “There is very little in the area that provides good truck access and bulk storage. Inquiries from businesses looking for industrial space with both facilities has increased markedly in the past six to twelve months” he said.