Hospital retail contract
Jones Lang LaSalle has been selected to provide retail property management services for the Royal North Shore Hospital's retail precinct on the Pacific Highway at St Leonards (pictured). Jones Lang LaSalle's NSW director of retail, property and asset management, Peter Turner, said the retail portion of the hospital was attracting customers. At the hospital, Brookfield Multiplex has been appointed by Health Infrastructure to construct the Clinical Services building, delivering an extra 30,000 square metres of space.
Corporate park $20m sale
F.Hannan Properties has sold 126-136 Bourke Road, Alexandria, to a private investor for $21.19 million. The property formed part of the 19-hectare Sydney Corporate Park, named the best business park at the Property Council of Australia-Rider Levett Bucknall Innovation and Excellence Awards. The property has about 8857 square metres of space across four units. Logistics company Panalpina has leased about half of the property since 1996.