TradeCoast leasing momentum carries into the new year with Colliers delivering one of Brisbane’s largest industrial deals
Colliers has secured one of Brisbane’s largest industrial leasing transactions of the year, finalising a $36.6 million, 10-year Port of Brisbane lease for global logistics and industrial developer ESR, in a major vote of confidence for Brisbane’s logistics market.
The off-market industrial deal sees Ok Tedi Mining Limited commit to a 15,477sqm prime grade logistics facility at 2–6 Bishop Drive, reinforcing continued tenant demand for high quality property in Brisbane’s tightly held Australia TradeCoast precinct.
The transaction was successfully negotiated by Colliers Industrial and Logistics Manager Angus Yule, alongside Associate Director James Wilkie, acting on behalf of ESR. The deal further cements Colliers’ position as a leading advisor in high-value industrial leasing across Brisbane, particularly within port-centric logistics locations along the eastern seaboard.
Positioned within one of Australia’s most strategically significant freight and logistics hubs, the facility offers direct Port of Brisbane access, immediate connectivity to major Brisbane freight corridors, and 10,000sqm of container-rated hardstand, making it ideally suited for high-intensity import-export and supply chain operations.
A 100 per cent Papua New Guinea–owned company, Ok Tedi Mining Limited is a major global producer for the world smelting market, running the longest-running open-pit copper, gold, and silver mine in Papua New Guinea. The Port of Brisbane logistics facility will play a critical role in supporting the company’s supply chain and future growth.
Colliers Industrial and Logistics Manager Angus Yule said the transaction highlights the depth of demand for premium TradeCoast assets and the importance of expert market execution.
“We saw strong absorption across Brisbane’s industrial property market through the final quarter of 2025, and that momentum has carried decisively into 2026. With limited new supply and continued tenant demand, well-located, high-quality assets, particularly within the TradeCoast, are being secured quickly, often off market.”
Angus Yule said the Australia TradeCoast continues to outperform all other industrial precincts in Brisbane.
“The TradeCoast commands the city’s highest industrial rents, underpinned by its unrivalled proximity to the Port of Brisbane, Brisbane Airport, and key arterial transport links. For occupiers with global supply chains, there is simply no substitute.”
Colliers Industrial and Logistics Associate Director James Wilkie explains that the Port-centric location was a natural fit for Ok Tedi Mining’s operational requirements.
“For Ok Tedi, proximity to the port and immediate access for future expansion are critical. This facility delivers the scale, efficiency and connectivity needed to support their long-term industrial operations in Brisbane.”
The transaction adds to a growing list of major industrial leasing deals in Brisbane delivered by Colliers across the TradeCoast, as occupiers continue to prioritise prime logistics facilities amid scarce industrial supply.
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