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Industry moves to the fringe
Released 19 August 2010

Companies are relocating to Sydney’s outer suburbs to take advantage of improved transport infrastructure and property prices, according to Andrew Maher, head of Jones Lang LaSalle’s industrial division in NSW.

He believes residential growth in traditional industrial suburbs, like Sydney’s central west, is driving transport businesses to the suburban fringe.

“Limitations on hours of operation and increasing traffic volume, coupled with a move towards high-density living, are adding increasing pressure for existing transporters remaining in the central west to move their business to the outer areas of Eastern Creek and Erskine Park,” says Andrew.

“As a result, geographical obsolescence is being witnessed.”

Existing large-format industrial properties in the central west are being refurbished or converted into bulky goods retailing and smaller unit estates, he adds.

Andrew provides the example of an industrial property in Lidcombe, Sydney. Formerly a major warehouse and distribution centre for Goodyear tyres, the site is being redeveloped as a Costco consumer goods store.