MORE than $50 million has changed hands in industrial deals in Sydney’s western corridor in recent months, including by the furniture retailer Ikea.

The giant, do-it-yourself furniture group bought a large industrial property in Rhodes for a new customer pick-up centre. It comes as the food retailer Costco also looks to expand, recently gaining approval to develop a site at 15-21 Parramatta Road, Auburn.
Cameron Grier, the managing director of CB Richard Ellis, Parramatta, and Tony Durante, associate director of Colliers International, negotiated Ikea’s purchase of the site at 1-5 Leeds Street, …