Centuria Capital Group, an Australasian real estate funds manager, has secured the 27,000-square-meter (290,625-square-foot), two-story Logan Super Center in Brisbane for A$115 million ($72 million), cementing it as the biggest large-format retail (LFR) transaction by value and size within fiscal year 2025 to date.
The property, located at 3525–3537 Pacific Highway in Slacks Creek, Queensland, will underpin the single-asset, unlisted Centuria Logan Super Centre Fund, which will be open to retail and wholesale investors from mid-March 2025.
Anchor tenants include Freedom, Fantastic Furniture, Spotlight and Anaconda in addition to 22 large format retailers, two specialty stores, a kiosk, car wash pad and more than 600 on-grade car parks. The property delivers a 3.4-year weighted annual lease expiration (by income) and 100 percent occupancy.
“We are extremely pleased to secure this high-quality destination LFR center within a key, growing southeast Queensland m
