Industrial remains the dominant sector in Townsville’s Commercial Real Estate leasing market.

Our latest research report identified 42 leasing transactions occurred in Townsville’s Commercial Real Estate sector in July 2019.  

 

Whilst our report doesn’t cover the Townsville CBD or larger shopping centres, we do assess the other 4.5 million square metres of commercial, industrial and retail space across the local area.

A total of 16,111 square metres of space was leased during the month with 76% of this area classified as Industrial.

This is the first leasing report ever prepared on the Townsville Commercial Real Estate market so we are looking forward to future editions to see whether this result forms part of a larger trend across Townsville.

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