Business Wire
Cabot Properties Acquires Newly Built, Multi-Story Logistics Facility in Sydney for A$137.6 Million
SYDNEY, September 12, 2024–Cabot Properties, a prominent investor, developer, and operator of logistics properties throughout the United States, Europe, and Asia Pacific, today announced the acquisition of 42-52 Raymond Avenue, Matraville, a newly built 19,819-square-meter (213,330-square-foot) logistics property in the submarket of South Sydney, Australia for A$137.6 million (USD$91.8 million) from LaSalle Investment Management. The transaction is the firm’s first acquisition in Sydney and is