New Long-Term Lease Secured
We’re pleased to share a significant leasing milestone for one of our key assets, 121 Main Beach Road, Pinkenba, with a long-term lease now in place with a global industry leader.
Finalised in July 2025 following a thorough negotiation process, the lease further positions the Pinkenba site as a high-performing industrial investment. The agreement reflects the strength of the property’s fundamentals and its strategic location within Brisbane’s TradeCoast precinct – a tightly held industrial corridor with strong infrastructure links and ongoing demand from national and international occupiers.
This agreement further strengthens the position of the Pinkenba asset as a high-performing industrial investment, underpinned by the strategic location within Brisbane’s TradeCoast precinct—one of the most tightly held and infrastructure-connected industrial corridors in South East Queensland.
DCP acquired the 2.25-hectare site in September 2023 for $8.75 million, recognising a critical shortage of high-quality hardstand leasing opportunities in the area. The successful lease transaction validates this strategic acquisition approach and delivers a secure, long-duration income stream backed by a global corporate covenant.
“We’re proud to have secured a high-calibre tenant with long-term global commitments. This lease reflects the rising demand for quality industrial land and the value created through targeted, active property management,” said Ed Bull, Managing Director of DCP.
With strong demand continuing to outpace supply across the SEQ industrial market, this result demonstrates DCP’s capability to identify, acquire, and actively manage assets that deliver long-term value through strong fundamentals and quality tenancy outcomes.
Explore more DCP acquisitions and leasing outcomes on our Investment Portfolio or Property Advisory pages.
