Macquarie-backed LOGOS Property Group has snapped up the largest industrial land deal in Queensland this year paying about $50 million for private investor Lyn Brazil's last strategic parcel on the Logan motorway.
LOGOS will take the 24.6 hectare site at 408 Stapylton Road, Heathwood, and develop the entire holding into a premium logistics estate with an end value of more than $200 million.
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Matthew Cranston was The Australian Financial Review’s United States correspondent.
