Industrial & Logistics Issue 01 2021
Waitemata Sea Port A unique opportunity - Page 3
A small selection of
bıg spaces 16 Gateway Affordable, small to medium sized units in Pokeno - Page 33
SPACES FOR LEASE
Letter from the Editor Claus Brewer National Director Industrial & Logistics
Welcome to our first edition of Inspect. Inspect is a quarterly magazine which focuses on opportunities in the industrial and logistics sector and highlights pre-commit, under construction and existing solutions available for occupiers. In each edition we will endeavour to provide a snapshot of the market, a selection of the best properties available for lease and thoughtprovoking insights from the industry. Our first edition is very Auckland-centric but rest assured we will be casting the net further afield in our second edition. Speaking of the market the trends of low vacancy, an increase in e-commerce and supply chain disruption all look set to stay, for the short to medium term at a minimum. Speculative supply is not keeping pace with current demand, good quality facilities are being secured swiftly and supply chain challenges and inventory protection look set to continue. This means that based on our current forecasts we are unlikely to see vacancy rates increase above 1.0%
for some time. New Zealanders’ take up of online shopping will ensure e-commerce continues its growth trajectory that is underpinning our marketplace. The increasing expectations of consumers to receive goods quickly has got everyone thinking about delivery times and retailers’ location and proximity to the customer base is becoming increasingly critical. If location is critical for your business, then take a look at page 19 and 22 where each month two of our geographic specialists will provide a high-level overview on their local market. Our constrained infrastructure in Auckland is only exacerbating the need to locate close to key arterial and port networks but what are the other opportunities a change in facility can provide your business? Post-GFC we saw a ‘flight to quality’; today we are seeing a ‘flight to function’. High stud or low stud, last mile or fulfilment hub, your asset must perform. In our feature article we speak to PCNZ Property Industry awards judges Chris Gudgeon and Jeremy Whelan who were tasked with naming this year’s best new industrial asset in
New Zealand. We picked their brains on what it takes to stand out in the hotly contested industrial category. If you’re like me you will be a little surprised that Q4 is nearly upon us, so if you need a property solution before the close of 2021 or need to work through your future footprint strategy, now is the time to get in touch. Our Research team has recently finalised the H1 2021 Vacancy Survey and we have included some of the salient details in this edition but if you have an appetite for further insights, our Research team and geographic experts are more than happy to discuss the market in more detail and would welcome the opportunity to do so. For now, grab yourself a drink, find a comfortable seat and browse through our first issue of Inspect.
The 5,000sqm Warehouse for lease at Shed 1, Waitemata Sea Port, The brand new industrial units at 16 Gateway, Pokeno
C ONTE NTS
Letter from the Editor 09 Scale, Efficiency, Workplace Culture & Collaboration 19 On Closer Inspection: Airport 22 On Closer Inspection: East Tamaki 23 Auckland Market Snapshot
www.cbre.co.nz/21182492Q2
Rare chance to operate from the Port Shed 1, Waitemata Sea Port
03
Auckland Central
Key Property Information
This 5,117sqm warehouse is located in prime position within Ports of Auckland’s Waitemata Sea Port, providing a unique opportunity for high volume importers and exporters to secure footprint in a strategic logistics location. With a highly usable yard for loading and unloading of containers straight off the port, and minimal office footprint, this property ticks all the boxes and will not be available for long.
Area Type
Area Size
Warehouse
5,117sqm
Office
66sqm
Yard
771sqm
Stud Height
9.6 metres
INSPECT ISSUE #1
Claus Brewer
Kate van der Zeyden
021 656 650 claus.brewer@cbre.co.nz
021 295 2171 kate.zeyden@cbre.co.nz
"A unique opportunity for high volume importers and exporters"
Excellent CBD location
Great truck access
MPI approved facility
Easy loading and unloading access
INDUSTRIAL & LOGISTICS 04
www.cbre.co.nz/21182488Q2
Avondale Industrial HQ 40 Jomac Place Avondale
This first class industrial HQ spanning 5,000sqm square metres is now under construction in Avondale and will be completed by May 2022. A large canopy will adjoin the north facing side of the warehouse providing a protected loading area. There is substantial truck access and ample yard space providing plenty of room for container devanning. A well appointed office and amenity area spread over two levels adjoins the warehouse and provides a stunning outlook across the city fringe. In this tightly held market, properties of this kind are incredibly rare.
05
INSPECT ISSUE #1
Key Property Information Area Type
Area Size
Warehouse
5,000sqm
Office
595sqm
Canopy
915sqm
Yard
1,685sqm
Stud Height
13 metres
Luke McGill
Alex Divers
021 0220 8889 luke.mcgill@cbre.co.nz
021 715 385 alex.divers@cbre.co.nz
"A stunning outlook across the city fringe"
Prime industrial location
Zoned Light Industrial
Brand new building allowing for flexibility
Access to Auckland's motorway routes
INDUSTRIAL & LOGISTICS 06
www.cbre.co.nz/20125219Q2
Lot 4
Prime Rail, Air and Motorway Hub
Artist impression – subject to final design
Key Property Information - Lot 4 Area Type
Area Size
Warehouse
20,400sqm
Office
1,200sqm
Canopy
4,557sqm
Yard
8,399sqm
Rail Access
Key Property Information - Lot 8 Area Type
Area Size
Otahuhu
Warehouse
4,200sqm
Office
500sqm
The LOGOS Otahuhu Logistics Estate is strategically located within the established industrial precinct of Otahuhu. The location offers logistical advantages due to its close proximity to rail and motorway networks for ease of access to sea and inland ports as well as Auckland International Airport and the CBD. Two high-spec warehouses are currently under construction due for completion Q2 ready for your business to join the prominent neighbouring companies such as Toll, Pacific Steel, Online Distribution, General Motors and Mainfreight.
Canopy
825sqm
Yard
1,275sqm
Otahuhu Logistics Estate
07
Lot 8
INSPECT ISSUE #1
Claus Brewer
Chad Greer
021 656 650 claus.brewer@cbre.co.nz
022 650 8044 chad.greer@cbre.co.nz
Auckland CBD
Otahuh
Southern Motorway
Metro Port 16
Railway Henderson
Mou
Mainfreight Transport L’Oreal New Lynn
Pacific Wire
Kaka Street
NZ Chemical Care
Tanker Engeneering
James Fletcher Drive Waitakere Ranges Regional Park
Pacific Steel NZ
Sims Metal
Otahuhu Logistic Estate
Steel & Tube
Savill Drive
Artist impression – subject to final design
"High Spec Warehouses Available Q2 2022 "
Prime central location
Great access to SH1 and SH20
13.4m Stud height to the knee
Offices over two levels
INDUSTRIAL & LOGISTICS 08
Scale, Efficiency, Workplace Culture and Collaboration Transforming industrial sheds into award-winning projects AN INTERVIEW WITH JEREMY WHELAN AND CHRIS GUDGEON INTERVIEWED BY ANDREW STRINGER
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INSPECT ISSUE #1
"One of the most exciting things about the awards is that it’s so much more than a beauty pageant." Left: Ignite Architects Managing Director, Jeremy Whelan, Right: Independent Director, Chris Gudgeon
For over 20 years, Property Council New Zealand has been celebrating and recognising excellence in design and innovation within the built environment through the Property Industry Awards. This year there is an impressive 109 finalists across 10 categories with winners recognised at the gala dinner on 29th of October. Leonie Freeman, Chief Executive, Property Council NZ says; “The awards showcase superior examples of iconic projects in property development and investment across a broad range of sectors and design disciplines, recognising outstanding projects, developments and refurbishments. Award winners are the best of the best; projects that provide an outstanding return on investment of funds, creating value for owners, tenants and the wider community.” CBRE has been a proud sponsor of the Industrial Property Award for the last three years. Andrew Stringer, Senior Managing Director of CBRE New Zealand says: “The sponsorship of this award continues to align with our own areas of focus. The industrial sector is a vibrant part of our industry that is continually and rapidly adapting and that’s exciting to be part of.” Given the calibre of finalists it’s a hard task to decide which worthy and impressive projects deserve the recognition of Merit, Excellence or Best in Class. Two
Industrial Property Award judges, Ignite Architects Managing Director, Jeremy Whelan and independent director, Chris Gudgeon provided CBRE with their insight into the challenges and inspiration they get from participating as judges in these awards.
Getting involved Whelan has been involved in the Property Council Awards since 2014 and has judged the majority of the commercial, tourism and leisure, industrial and growing multi-residential categories. “Industrial was always a significant part of the awards with developers such as Goodman and Auckland Airport continually putting forward exemplary projects year-in year-out. “Every year I see up to 40 projects and have the opportunity to learn and understand business metrics of what makes these amazing projects work and the interesting stories of how they are delivered.” The judging process is incredibly robust with many judges involved in multiple award categories, the challenge is to try and remove the subjectivity. Judging is weighted towards economic and financial criteria, project vision and innovation which includes the degree of difficulty, design and construction, owner and user satisfaction and sustainability and efficiency of operation. Whelan says: “We’re seeing complex projects which bring together multiple functions and integrate them into the likes of mixed-used assets. The top calibre projects are all capable of scoring high marks, so the question and challenge for judges is
INDUSTRIAL & LOGISTICS 10
to then understand the contribution each has made to the wider public realm and tenant experience. “It’s important to be objective and find the back story to the development and their approach as each project often has unique challenges and issues. As judges we need to take the time to see these and understand how they impact the design and delivery strategy overall. It’s not only about the numbers, but how the development team has handled these challenges and still delivered.” Whelan believes that one of the most exciting things about the awards is that it’s so much more than a beauty pageant. “The attention to detail and overall design quality improvement is still important, but instead of purely building big sheds, it’s about what really makes a great property, the economic factors, sustainability and functional design. We’re seeing projects moving towards an established peoplefriendly environment, integrating all areas of the business and how those spaces work together."
Four themes changing the industrial landscape Gudgeon joined the judging panel three years ago. With over 25 years in property investment, development and construction, he has built a plethora of knowledge and understanding of what creates a great project. He believes what is lifting the industrial sector from a built form perspective through judges eyes can be categorised into four themes, “Scale, efficiency, emphasis on workplace culture and finally collaboration between landlord and tenant. From the nominations we’re seeing this year, there’s just a phenomenal amount of work that organisations have done to embed these four themes into medium-tolong term property and broader business strategies.
and in return secured a long-term lease with low development risk. The end result was a fit for purpose facility and the establishment of a strategic long term partnership with great outcomes for both parties.” Whelan agrees: “What has come through over the last few years and continues to gain traction is these organisations are committing for the long-term. They are earmarking massive amounts of capex for the project so both the tenant and landlord need to see the payback from it. These outcomes are an entirely different level to the 3,000sqm shed that 20 organisations could easily work out of. With each of the finalists we consider the urban outcome and impact on the surrounding environment, where value of scale comes into play as it allows owners to invest in the surrounding environment as well as buildings to secure long-term tenants and work as a strategic partnership. It results in some outstanding projects.”
Green is fundamental Sustainability continues to be a significant factor in these award-winning projects, Whelan confirms: “Sustainability is now fundamental and the approach continues to improve year-on-year. We’re seeing a push for 5-6 Star Green Star Ratings standards within the developments, whereas building to a 4 Star Green Star Rating used to be considered significant. As most businesses often have international ownership, their board requirements and promises to the shareholders on their sustainability approach is a requirement.
“Last year’s Industrial and Supreme Award winner, Waste Management, embraced these themes, bringing together operational and non-operational activities under one roof. Many of our nominations this year are transforming their industrial estate into a multi-use asset which combines outstanding innovation, embraces cultural elements of the whole business working together and drives efficiencies through operation and scale. “What I believe is absolutely crucial in these key projects is the collaboration between landlord and tenant. If you consider Waste Management, Stride effectively let them drive the design of the facility
11
INSPECT ISSUE #1
Waste Management HQ, 2020 PCNZ Property Industry Awards Supreme Winner and CBRE Industrial Category Excellence and Best in Category Winner.
2021 PCNZ Property Industry Awards: CBRE Industrial Award Finalists
Clockwise from left: 27 Timberly Rd, Allegion Warehouse and Manufacturing Facility, Callaghan Innovation Measurement Standards Lab, Mighty Ape, Toll Tamaki Freight Forwarding Facility, Onehunga Woollen Mills, Oak Industrial Park, Fisher & Paykel Healthcare, Foodstuffs North Island (Centre)
“With a number of industrial occupiers looking to reduce their carbon footprint, the microscope has shifted to their built environment to offset other more challenging areas of their operations.” What excites Whelan is seeing how the industrial sector is embracing innovation to embed sustainability into the facilities: “They’re utilising electricity from the roof and using it to charge fork hoists, it’s a focus on whole of life process and the impacting positive results allowing the tenants to feel like good citizens.” Gudgeon adds: “We’re seeing a real consciousness around sustainability which makes up an integral part of these projects. However, they aren’t slavish to sustainability in terms of ticking the box for ratings. These developments take elements of sustainability very seriously, they’ll innovate and embed processes that they know make a difference, satisfying their own sustainability aspirations without necessarily seeking accreditation for their efforts. What they are doing is very inspiring.”
The importance of the Property Council NZ awards for the industry Gudgeon says the continued excitement of the awards is highlighted in the number of submissions received year-on-year. “You can see the industry submitting these impressive projects with pride. The judging team consider it a privilege to assess the submissions and try their best to run a robust process. We hope that this contributes to this continued engagement in the awards and the recognition that comes with achieving one of the accolades.” Stringer adds: “The sector's ambition to be bestin-class is one of the reasons CBRE supports the Property Council NZ Awards. These awards are an endorsement of the holistic approach investors and developers take on delivering great built form, tenant specific design, sustainability measures and great financial outcomes. Our sponsorship of the Industrial Property Award allows us to join in the celebration and acknowledgement of the importance of the industrial sector in New Zealand.” n
INDUSTRIAL & LOGISTICS 12
www.cbre.co.nz/20033631Q1
Artist impression – subject to final design
Premium A-Grade 70 Plunket Avenue Manukau
70 Plunket Avenue is a new high spec warehouse facility centrally located in Goodman's M20 Business Park. The property is ideally suited for transport/ logistics operators and warehousing distribution. This prime industrial facility will feature high stud warehousing, multiple roller doors, a large canopy, solar power, and a security fenced and gated yard which is of significant scale for a facility of this size. It will also feature state-of-the-art offices and amenities, with plenty of car parking and EV charging stations. Plunket Avenue is perfectly positioned to main arterial routes which connect to SH20, SH1 motorway links, Wiri Inland Port and the Auckland International Airport. Close proximity to Manukau Supa Centa and Westfield Shopping Centre and all main amenities nearby.
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INSPECT ISSUE #1
Key Property Information Area Type
Area Size
Warehouse
9,159sqm
Office
506sqm
Canopy
1,035sqm
Yard
2,530sqm
Stud Height
10 metres
Claus Brewer
Paul Steele
021 656 650 claus.brewer@cbre.co.nz
021 494 111 paul.steele@cbre.co.nz
"A premium grade warehouse in the Manukau industrial area"
Close to train and bus connections
Good access to both SH20 and SH1
EV car charging points
Secure expansive yard
INDUSTRIAL & LOGISTICS 14
Value, Location & Quality 9 Pacific Rise
Mount Wellington This property is a high quality mixed-use opportunity providing high quality office and showroom space as well as a modern warehouse with full height glazing offering excellent natural light. If you’re looking for an opportunity in the city fringe, this option cannot be overlooked.
Chad Greer
Alex Hopkinson
022 650 8044 chad.greer@cbre.co.nz
021 071 5244 alex.hopkinson@cbre.co.nz
Key Property Information Area Type
Area Size
Eastern Warehouse
590sqm
Northern Warehouse
207sqm
Office
826sqm
Showroom
382sqm
50 car parks Modern warehouse, offices and showroom Gantry crane
www.cbre.co.nz/21095116Q1 15
INSPECT ISSUE #1
STAY INFORMED WITH CBRE'S INSIGHTS HUB
At CBRE, we believe in the power of knowledge.That’s why our experts love to share their perspectives on the trends and developments shaping New Zealand’s commercial property market. Find out more at: www.cbre.co.nz/insights
INDUSTRIAL & LOGISTICS 16
www.cbre.co.nz/196665011Q4
Airport Scale Available Now A & B, 147 Kirkbride Road Mangere
The 147 Kirkbride Road development is located in close proximity to major arterials, in an area that benefits from a diverse mixture of national and international industrial tenants, together with an ever increasing commercial, retail and hospitality presence. This facility will benefit from a host of sustainability led features such as; rain water harvesting, solar panels and battery storage, EV Charging, LED lighting, use of recyled materials and will get its power supply from a provider that generates 100% renewable energy. Take advantage of being positioned at the northern end of the Mangere/Airport Oaks industrial precinct, which has exposure to the large local residential catchment, has ease of access to the facilities during peak hours and benefits from great public transport links.
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INSPECT ISSUE #1
Key Property Information: Building A Area Type
Area Size
Warehouse
10,805sqm
Office
360sqm
Canopy
3,100sqm
Yard
1,500sqm
Key Property Information: Building B Area Type
Area Size
Warehouse
9,260sqm
Office
360sqm
Canopy
1,870sqm
Yard
1,500sqm
Claus Brewer
Alex Divers
021 656 650 claus.brewer@cbre.co.nz
021 715 385 alex.divers@cbre.co.nz
E ROAD
KIRKBRID
Building A
147 Kirkbride Road 10,805 sqm
Canopy Canopy
Building B 7 Ascot Road 9,290 sqm
"High quality industrial warehouse under construction"
Prime Airport location with close proximity to SH20
Excellent truck access
13.7 metre stud height
50KPa floor loading capability
INDUSTRIAL & LOGISTICS 18
On Closer Inspection:
Airport
Alex Divers Associate Director
"Auckland Airport has over 20 years of industrial development remaining for both current and future needs." The Mangere industrial precinct has seen over 100,000sqm of new industrial product added in the first half of 2021. This has accounted for almost 80% of all newly constructed industrial space across the wider Auckland market. However, the large majority of this new build space can be attributed to the expansion of the Foodstuffs facility located on Landing Drive and the two spec-developments which total just over 8,000sqm on Sistema Way, Mangere. Vacancy rates across the industrial precinct continue to hover around 1% across all A, B and C grade facilities. The lack of available stock has been a contributing factor to the strong sales and leasing values being achieved. With over 20 years of industrial development remaining at Auckland Airport and the wider airport precinct for both current and future needs, businesses in the area can take comfort in knowing that any expansion requirements can be met, without having to compromise on the logistical efficiencies, ongoing infrastructure upgrades and closeness to main arterial routes that the Mangere precinct offers.
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INSPECT ISSUE #1
Top: Foodstuffs North Island, Below: Sistema Way Spec Development
IS THE RIGHT LOCATION CRUCIAL FOR YOUR BUSINESS’S SUCCESS?
CBRE Supply Chain Advisory specialises in providing occupiers with the most effective supply chain strategy for their business, delivering solutions that meet both current and future operational needs. Services include; Supply Chain Strategy, Network Design, Outsourcing and 3PL Selection, Facility Design, Operations Optimisation and Business Case Development. Talk to the team today to find out how we can create efficiencies in your supply chain.
www.cbre.co.nz
PRIVATE
EXISTING FREE STANDING DEVELOPMENT SIGN
48
4
45
5
44
6
41
9
38
34 12
39
11 12
37
13
33
17
32
18
31
19
30
20
6m
29 28 27
R/D
C
A
7
8
18 19 20 21 22 23
N
O
PY
41
x
1.2m wide Accessible Route
12
123456
35
34
Bike Park
D FFL 29.60
WAREHOUSE 7,812 m2
26
35 34 33 32 31
3 4
R/D
E
34
16
35
15
36
14
R/D 6m
25
6
RS 7 ITO 1 VIS 16 15
IN R/D 6m
WAREHOUSE 4,691 SQ.M
23
68,3 50
24
5
OFFICE 497 SQ.M OVER 2 LEVELS
14 13
21
FEN
R/D
40
10
R/D
6m
Neighbouring Building
4
IN
48 47 46 45 44 43 42 41 40 39 38 37 36
FENCE
ON EW AY
12 11
22
ONE WAY
10
OUT
Pump Room
9
Bike Park
WASTE COLLECTION POINT BUILDING C
SC
ROAD
49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72
6m
42
8
43
7
6m
9 10 11 12 13
52 51 50 49
CANOPY CANOPY 1,309 m2
46
3
47
2
1
OUT
8
Bike Park
ACCESS
30 29 28 27 26 25 24
RIGHT TURN IN
OUT
7
6
Bike Park 123456 123456
10m WIDE
33 32 31
OUT IN
5
32 33 34
21 22 23 24 25 26 27 28 29 30 31
1
20
2
IN
3
FREE STANDING SIGN 10 11 12 13 14 15 16
116 ,900
S1
58
36
57
37 39
55
40
54
41
53
28.52 30.00 28.61 30.04
52
30.04
BW TW
51
50
49
43 42
28.51 30.03
38
56
28.93 29.05
nor th
48 47 46 45 44
29.45 30.04 29.95
1
Proposed Building E Site Plan
Brand New East Tamaki Build -
Scale 1:500
27E Smales Road East Tamaki
This East Tamaki development is an opportunity for businesses looking to lease a high-end presmises in a prime East Tamaki location. This A-Grade warehouse has a stud height of 10 metres and boasts six roller doors. Easy drive through yard access for trucks will make devanning or container dropping simple and efficient. This large new spec build is to be completed end of February 2022.
Lewis Watson
Claus Brewer
021 845 484 lewis.watson@cbre.co.nz
021 656 650 claus.brewer@cbre.co.nz
www.cbre.co.nz/21182568Q3 21
INSPECT ISSUE #1
Key Property Information Area Type
Area Size
Warehouse
7,812sqm
Office/Showroom
600sqm
Canopy
1,309sqm
Stud Height
10 metres
72 car parks Drive-through yard
Prime East Tamaki location
On Closer Inspection:
East Tamaki
Lewis Watson East Tamaki is experiencing a strong desire for ownership, with limited opportunities to purchase. This has permitted the suburb's rising land and land/buildings rates to pave the way for a new precedent to be set across the market.
439 East Tamaki Road leased by CBRE to Visa Global Logistics.
Associate Director East Tamaki is one of Auckland's largest industrial sectors and un-surprisingly has experienced a hive of transactions over the course of Q1 / Q2 2021. East Tamaki's rising square metre rates have been paving the way for a new precedent in both the leasing and sale sector. With very little greenfield / development land remaining outside of Goodman’s Highbrook Business Park and a strong ownership desire, the limited greenfield land that is available has a starting price of $1,400 sqm, meanwhile unit title and land and buildings rates are consistently achieving in excess of $4,500 sqm. This represents a sharp increase from where we were 12 months ago and demonstrates how competitive this thriving market has become. Year to date there has been circa $75 million transacted, the largest being the C.$26m sale of 68 Cryers Road. A further $75 plus million of property is either under contract or currently in the sales campaign stages. CBRE has been a large contributor to the leasing uptake within the area; out of a recorded circa 45,000 sqm of land and buildings leased on recorded transactions over 1,000 sqm. CBRE has transacted over half of this uptake including; the c. 9,500 sqm lease of 439 East Tamaki Road, to Visa Global Logistics, a 1,600 sqm lease to GAT Agencies at 8B Kerwyn Road and a c. 7,000sqm yard to Safe Access at 9 Waiouru Road.
INDUSTRIAL & LOGISTICS 22
H1 Market Snapshot
NORTH SHORE 3.3%
$150
GLENFIELD
Vacancy
Avg. Rent PSM A Grade TAKAPUNA
Total vacancy is across all grades while rents measure the upper end of the achieved net face rent per sqm for Grade A quality warehouse space (1,500sqm+) with standard incentives. All data was captured during CBRE's H1 2021 survey. MASSEY
HOBSONVILLE 2.5%
AUCKLAND
Vacancy GREY LYNN
NEWMARK HENDERSON
WEST AUCKLAND AVONDALE
1.6% Vacancy
$145 Avg. Rent PSM A Grade
P ONEHU
1.1
Vac
AIRPOR 1.0%
$1
Vacancy
Avg. A
"The Auckland industrial market has experienced yet another strong 6-month period in the first half of 2021 with plenty of high quality new supply, very strong occupier demand and decreasing vacancy rates recorded across all major submarkets and quality grades."
WAIHEKE ISLAND
MT WELLINGTON
KET
2.1% Vacancy
$145 Avg. Rent PSM A Grade HOWICK
EAST TAMAKI
PENROSE
PENROSE
0.4%
NGA
1%
cancy
$145
Vacancy
Avg. Rent PSM A Grade
EAST TAMAKI
RT
MANGERE
145
Rent PSM A Grade
WIRI 1.4%
$140
Vacancy WIRI
Avg. Rent PSM A Grade
$145 Avg. Rent PSM AVacancy Grade
WHEN EXPERIENCE MATTERS, TRUST CBRE
Our priority is to deliver total property solutions that result in exceptional client outcomes. Contact one of our local real estate experts for award-winning, professional advice and get the best returns for your commercial property.
www.cbre.co.nz
Brand New High Stud Industrial 35 Jomac Place Key Property Information
Avondale
Area Type
Area Size
Warehouse
2,022sqm
Office
224sqm
Canopy
277sqm
Yard
974sqm
The ideal balance of office and warehouse space with multiple access options via three roller doors. Given its location at the end of the Jomac cul-desac, there is ease of access for truck turn-around and drop-off. The site is able to cater to container delivery and storage and is fully fenced for security.
Ample car parking
Brand new build
Luke McGill
Alex Divers
021 022 08889 luke.mcgill@cbre.com
021 715 385 alex.divers@cbre.co.nz
Located in an A-Grade industrial park
www.cbre.co.nz/19289975Q4 INDUSTRIAL & LOGISTICS 26
47 Aintree Avenue, Airport
High Quality, High Exposure This recently refurbished industrial facility is extremely well located within Auckland's Airport Oaks industrial precinct.
www.cbre.co.nz/20178747Q3 27
INSPECT ISSUE #1
Area Type
Area Size
Warehouse
2,377sqm
Office
617sqm
Canopy
562sqm
Stud Height
7.5 - 8.5 metres
Alex Divers
Claus Brewer
021 715 385 alex.divers@cbre.co.nz
021 656 650 claus.brewer@cbre.co.nz
92-94 Beachcroft Avenue Penrose
Efficient Warehousing The building has been successfully utilised for wholesale distribution businesses and benefits from exceptional access to SH20. Its Western-Onehunga location is popular with businesses requiring easy access to SH20. Area Type
Area Size
Warehouse
2,195sqm
Office
132sqm
Alex Hopkinson
Henry Smit
021 071 5244 alex.hopkinson@cbre.co.nz
027 881 3462 henry.smit@cbre.co.nz
www.cbre.co.nz/186257330Q3 INDUSTRIAL & LOGISTICS 28
www.cbre.co.nz/19300031Q3
Design and Build Option Building 4B
Location, Flexibility, Design Wiri Logistics Estate Wiri
This opportunity is located at Auckland's logistics and distribution epicentre with the Southern-Western Motorway and Roscommon Road intersecting direct road access to estate. Take advantage of the neighbouring Wiri Inland Port which offers container storage and truck shuttle services to and from the Inland Port and seaports avoiding congestion and delays. Building 4B a high spec warehouse and office will be ready for occupation Q2 2022 or opt to have a facility designed and built within 10 to 12 months on the last remaining lot within the LOGOS Wiri Logistics Estate. CBRE welcomes all occupier requirements.
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INSPECT ISSUE #1
Artist impression – subject to final design
Key Property Information - Building 4B Area Type
Area Size
Warehouse
5,600sqm
Office
400sqm
Canopy
624sqm
Yard
904sqm
Key Property Information Design and Build Area Type
Area Size
Site
41,781sqm
Warehouse options
10,000 - 25,000sqm
Claus Brewer
Paul Steele
021 656 650 claus.brewer@cbre.co.nz
021 494 111 paul.steele@cbre.co.nz
Wiri Logistics Estate
Wiri Inland Port
Artist impression – subject to final design
700m
"Design & build options available from 10,000sqm to 25,000sqm"
Prime Wiri location
Flexible options available on request
Unprecedented location to main arterial routes
Stud height's of 12.6m plus to the portal knee
INDUSTRIAL & LOGISTICS 30
www.cbre.co.nz/21182551Q4
Unmissable Compact Units 16 Gateway Pokeno
Gateway is a light industrial development of affordable, small to medium sized units in Pokeno. Featuring robust construction, soaring stud height, tall roller doors, and truck-friendly access, 16 Gateway seeks to fill a gap in the market with all the benefits of a large industrial warehouse in a compact footprint. It is a unique offering in a high-growth precinct not to be missed.
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INSPECT ISSUE #1
Key Property Information Area Type
Area Size
Warehouse
318sqm
Office
104sqm
Canopy
20sqm
Stud Height
8 metres
Chad Greer
Vinay Patel
022 650 8044 chad.greer@cbre.co.nz
021 382 525 vinay.patel@cbre.co.nz
SOLD SOLD
UNDER CONTRACT
UNDER SOLD CONTRACT SOLD SOLD
UNDER OFFER
UNDER OFFER UNDER CONTRACT
"Robust construction, soaring stud height, tall roller doors, and truck-friendly access"
Close to public transport
Close to motorway on/off ramps
Parking available
Competitive rates
INDUSTRIAL & LOGISTICS 32
www.ruakura.co.nz
Revolutionising the Importance of Place Ruakura Superhub Waikato
The Ruakura Superhub is positioned at the nexus of the Golden Triangle, with immediate access to efficient roading networks and rail. Underpinned by the development of the Inland Port, a joint venture between Tainui Group Holdings and Port of Tauranga , this commercial hub is set to become one of New Zealand’s most sought after destinations for industrial and logistics users. The Superhub spans over a massive 490 hectares, and provides opportunities to occupy space in a variety of precincts. Options are filling up fast so act now to secure your space in one of New Zealand’s most efficient industrial and logistics parks.
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INSPECT ISSUE #1
SUPERHUB
Claus Brewer
Kate Van Der Zeyden
021 656 650 claus.brewer@cbre.co.nz
021 295 2171 kate.zeyden@cbre.co.nz
"Design & Build Available"
Fastest growing industrial and logistics hub
Occupation and design flexibility
Options in the precinct filling up fast
High volume road, rail and sea networks
INDUSTRIAL & LOGISTICS 34
Our team of experienced industrial and logistics specialists are here to help.
Claus Brewer National Director 021 656 650
Bruce Catley Managing Director 021 729 004
Paul Steele Director 021 494 111
Lewis Watson Associate Director 021 845 484
Chad Greer Associate Director 022 650 8044
Alex Divers Associate Director 021 715 385
Alex Hopkinson Associate Director 021 071 5244
Luke McGill Associate Director 021 0220 8889
Vinay Patel Senior Negotiator 021 382 525
Henry Smit Negotiator 027 881 3462
Kate van der Zeyden Negotiator 021 295 2171
Sam Jeffries Negotiator 021 334 794
Nick Tyler Negotiator 021 341 223
Luke Goldstone Negotiator 021 147 7400
Hetu Shah Agency Assistant 021 800 538
Rebecca Taylor Marketing & Operations 021 133 4757
Keri-Anne Khau Marketing & Admin 027 857 9756
CBRE (Agency) Limited, Licensed Real Estate Agent (REAA 2008) The information in this document is general in nature and is a guide only. It does not take into account your individual circumstances. Before acting you should check the accuracy of the information and seek your own independent financial and legal advice. The information must not be relied upon to make any investment decisions. The principal and its agent will not be liable for your failure to verify the information or seek appropriate advice.