A Sydney based fund manager signed a contract to acquire 670 Macarthur Avenue, Pinkenba from Growthpoint Properties Australia (ASX:GOZ) for AUD 10.1 million on June 20, 2016. 670 Macarthur Avenue reported annual rental income of AUD 0.78 million The deal is expected to close in 90 days. Edward Bull and Nick Witheriff of CBRE and Michael Callow of Cushman & Wakefield negotiated the sale. A Sydney based fund manager completed the acquisition of 670 Macarthur Avenue, Pinkenba from Growthpoint Properties Australia (ASX:GOZ) on September 8, 2016.