Dowling heads new CBRE office CBRE has made Deborah Dowling managing director of its new West Auckland/North Shore office. Dowling will head a team of eight who will operate from the Auckland CBD ahead of shifting into a base at the NorthWest Shopping Centre. “Establishing a physical presence out west will provide a clear advantage to our clients. Deborah’s team collectively has about 40 years’ experience in the Western and North Shore suburbs” says CBRE senior managing director Brent McGregor. Mount corner site A prime 2849sq m commercial corner site at 260-272 Maunganui Rd, Mt Maunganui, with two buildings totalling 1802sq m, sold for $7.1m at a 3.69 per cent yield through Brendon and Lynn Bradley, Bayleys Tauranga. The Landings A 480sq retail unit at The Landings, Timaru, leased to Hunting and Fishing has sold by negotiation for $1,724,000. The deal was brokered by Courtney Doig, Charlie Oscroft and Gareth Fraser of Colliers International, a yield of 7 per cent. Boutique office floor A mixed-use property at 2A-2D Vernon St in Auckland CBD has sold for $3.2m at a 4.7 per cent yield through Cameron Melhuish, Matt Gordon and Genevieve Thompson-Ford, of Bayleys Auckland. It has a 111sq m boutique office floor with a monthly tenancy, three 81.5-90sq m apartments and car parking. Ngauranga A 1326sq m industrial/warehouse at Unit 14, 5-7 Lower Tyers Rd, Ngauranga, has sold for $1.2m. The deal was brokered by Tim Julian and Ben Taylor, Colliers International. Albany industrial A 748sq m industrial unit with 11 parking spaces, at 19 Orbit Drive, Albany, has sold for $2.2m through Ashton Geissler and Laurie Burt, Bayleys North Shore Commercial. Palmerston North A 300sq m commercial office space at 20 Fitzherbert Ave, Palmerston North, has sold for $940,000. The deal was brokered by Grant Lloyd, Doug Russell and Phil Nevill of Colliers International, a yield of 8.82 per cent. Onehunga Mall A 2292 sq m mixed-use zoned site at 72 & 76-78 Onehunga Mall, with two partially tenanted commercial buildings totalling 1257sq m, has sold for $1.8 million through Ranjan Unka, Bayleys Commercial agents Scott Kirk and James Were. Mairangi Bay A 425sq m office at Level 1, 4/40 Triton Dr, Mairangi Bay, has sold by negotiation for $810,000. The deal was brokered by Janet Marshall and Nick Recordon, Colliers International. Industrial site A vacant 6007sq m freehold industrial site at 64-68 Mihaere Drive, Palmerston North, has sold or $840,980. The deal was brokered by Grant Lloyd, Phil Nevill and Doug Russell, Colliers International. Rangiora childcare A 495sq m new childcare centre on a 1,305sq m site at 8-10 John Rd, Rangiora has sold for $2.625m at a 6.24 per cent yield through Stewart White, Chris Frank, Bayleys Canterbury and Tony Chaudhary, Bayleys South Auckland.
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