Sentinel increases Mackay portfolio to $200m

May 16, 2016

Sentinel Property Group has acquired an industrial property in Mackay for $6.5 million, boosting its interest in the region to $200 million.

The property located at 37-39 Interlink Court Paget is fully leased to global engineering group Sandvik until May 2020 with a five-year option. The property has a total lettable area 4,671 sqm, representing only 22% of its total site area of 21,000 sqm. The sale of the Paget industrial property was negotiated by Stewart Gamblin of Colliers International.

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