Arnold Bloch Leibler has advised Honda Australia on the joint sale of two properties to privately held real estate investor and manager, Hines.
The properties, located in Campbellfield and Tullamarine, have been part of Honda’s portfolio for over 30 years, and were critical assets for their office and parts delivery business in Australia.
Property and Development partner Gia Cari, together with senior associate Matthew Davies, advised on all aspects of the transaction as well as the negotiation of the Agreement for Lease and Lease of a new purpose-built facility at Melbourne Airport.
Gia commented on the transaction: “We are delighted to have advised Honda on the sale of these two properties, and to have supported Honda with the implementation of their long-term strategy to move to a purpose-built parts and distribution facility at Melbourne Airports.”
