Villawood. Property sold for $6.6 million

Manchester wholesaler and manufacturer, Kingtex, has bought an industrial complex at villawood for $6.6 million through CB Richard Ellis. The Birmingham Avenue complex incorporates two modern, freestanding buildings with a total net lettable area of 6055 square metres. Kingtex intends to occupy the larger of the two buildings, totalling 2822 square metres. The other office/warehouse is fully leased to Newline Australia until late 2013.