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Few options for businesses in popular Wellington industrial areas

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Few options for businesses in popular Wellington industrial areas

Industrial property occupiers wanting to move or up-size their premises do not have many options left in Wellington's more popular business precincts.  An article posted on Stuff's Business Day quotes a real estate agent who says that the supply of industrial property is falling andthe  demand is high.  "[But] there isn't enough land left to construct many new buildings in Petone, Lower Hutt, Ngauranga and Grenada, which are the suburbs businesses want to be in."

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