Inspect | Issue #1 2024

Industrial & Logistics Issue 01 | 2024

Raising the standard at Hautapu This award-winning property reminded us where the standard for greenfield industrial property development currently sits.

What does industrial occupier survey mean for Auckland occupiers?

Christchurch occupiers are navigating their options in a tighter market

Contents

2 | IN––––SPECT

04

Raising the standard at Hautapu

12

Auckland Property Options Snapshot

54

What does the year-end Auckland industrial occupier survey mean for occupiers?

60

Wellington Property Options Snapshot

66

Occupiers navigating their options in a tight Christchurch industrial market

68

Christchurch Property Options Snapshot

Letter from the Editor ...we have a sustained tight market for an occupier seeking imminent footprint but not the dysfunctional marketplace of 2023.

ESG considerations are at the forefront for many of the occupiers we are working with...

There is often an element of trepidation to Q1 as people seek clarity on what lies ahead in the upcoming year. For the New Zealand industrial and logistics market outlook and key themes have begun to emerge with the exception of a few geographical nuances.

The environment for occupiers has shifted beyond just-intime and just-in-case, to a balanced position that provides resilience in the supply chain without losing sight of the capital outlay required from holding more inventory.

Despite witnessing some sublease activity in the market and a slight reduction in the pressure experienced in recent years, low vacancy rates persist in the marketplace.

This indicates that the market remains tight for occupiers looking for immediate space, yet without the dysfunctions observed in 2023.

The question of what can be done around ESG is rapidly gaining momentum. Many of the occupiers we are working with have made this a top priority and are actively seeking ways to address this within their property search. Our feature article looks at these considerations and how well they have been integrated into the built-form at Profile Group’s Hautapu campus.

The catch cry of recent years remains — plan, plan and plan. Following our Research teams’ recent vacancy survey, we have delved into the key factors that should be considered as an occupier when thinking about next steps in the current environment.

Lastly, if you have any current or upcoming property requirements, I encourage you to reach out to one of our team members. We would be happy to assist you in finding the perfect property solution for your needs.

Claus Brewer National Director, Industrial & Logistics, New Zealand

Industrial & Logistics | 3

Raising the standard at Hautapu

As you exit State Highway 1 at Cambridge in the Waikato, the scale of Profile Group’s impressive Hautapu manufacturing facility is revealed in its considerable glory. Trundling down the lengthy drive towards one of the biggest manufacturing facilities in the country, you can’t help but wonder if you’re heading towards a new airport, such is the scale and quality of design on offer. The immaculate lawns on either side are populated with thousands of beautifully tended plants around swales and lakes that double as stormwater and fire-fighting resources.

Hautapu is the new manufacturing hub for Profile Group, a family of businesses that together form New Zealand’s only integrated aluminium supply chain for window and door solutions. Profile Group is more

4 | IN––––SPECT

We looked at land closer to Hamilton, and found that we could have built a building to meet our manufacturing needs, but we wanted to gradually move all our people into a single greenfield site, and there was not enough room in Hamilton to do so. So this site is first of all about efficiency, in a great location next to the expressway.

commonly known in the architecture and building industries by its subsidiary APL Window Solutions and brands Altherm Window Systems, First Windows & Doors and Vantage Windows & Doors. As they’ve grown, they’ve developed an end-to-end service for their customers that covers every major step in the supply chain process, delivering APL’s systems and parts directly to APL manufacturers all over New Zealand.

Once inside the building, the true scale of the group’s ambition and approach is revealed, piece by piece.

Immediately obvious is the manufacturing hub, a vast thrumming line that runs from one end of the 437 metrelong, 44,915sqm building to the other. Equivalent to six rugby fields under one roof, this immense 144m-wide facility houses Architectural Glass Products (AGP), New Zealand’s leading manufacturer of high-performance double glazing, supplying the glass used in APL’s Window Systems and APL Manufacturing, as well as entrance doors, hardware and accessory products.

Designed to enable a 50+ year strategy Although scale is the first aspect that makes an impression, it is Profile Group’s approach to business, sustainability and the circular economy – embedded into

every aspect of the design, construction and operation of the building and manufacturing process – that reveals quite how far forward this facility, and Profile Group themselves, have moved ahead.

As Mikayla Plaw, Executive Director of Profile Group and General Manager of Sustainability and People, explains, “this facility has been designed to accommodate our 50+ year strategy. When Grandad started the business out of a garage nearby at Bellevue Road, a crystal ball would have been the only thing to see us set up camp again down the road 50 years later. The businesses moved to Hamilton after grandad passed away in the early 70’s. Slowly Dad and the core team started to develop the various business units so that we could control the quality service offering for our customers and the design and innovation aspect of our end product. Glass was the last piece of the puzzle in 2020. We needed to enter the glass industry for our customers’ sake, and that was the catalyst for our move here.

“We looked at land closer to Hamilton, and found that we could have built a building to meet our manufacturing needs, but we wanted to gradually move all our people into a single greenfield site, and there was not enough room in Hamilton to do so. So this site is first of all about efficiency, in a great location next to the expressway.”

Industrial & Logistics | 5

Plaw says that planning for the development began in 2017, aided by David Bunting, an expert Kiwi working for Guardian Glass in the US. “Dave designed the plant, leading it with our CEO Craig Vincent and Dad,” says Plaw.

“Without Dave we wouldn’t have taken the leap. A number of plant tours took place around the world to see what best practice looked like when you have a blank canvas to work with. Key to the design and efficient production practices was the building’s length so we could operate a straight production line.”

Construction got underway in 2019 Construction wasn’t without its challenges, as the first glass unit came off the line in March 2020 and the building was not quite finished. “Building the facility and a high-precision production line together as we went was a challenge,” says Plaw. “Managing dust during an ongoing build was almost as difficult as designing the building to ensure it had enough natural daylight. The engineering that went into the 5,400sqm of skylights was pretty monstrous, as they go right down the centre line of the roof.”

This wasn’t the only challenge of the build, as the business was keen to showcase its glass products in the build, says Plaw. “This meant that we could only install glass for the building when it was ready to be created on site. We finally got to a point when the plant was in, so we could start producing the glass to finish the building.”

6 | IN––––SPECT

Then came the immediate new test of Covid, which understandably meant prioritising manufacturing ahead of some of the amenities to provide a great working life for Profile Group’s 280 people now working on site through two shifts. Nonetheless, Hautapu contains 3,460sqm of office space, of a quality that wouldn’t look out of place in central Auckland, as well as amenities that include multiple staff rooms and decks, and even a wine bar and events space.

Supporting staff through relocation and change Once ready for occupation, managing the challenges of relocation and change became a priority for staff and for the management team. These were overcome through a change management plan that fortunately became redundant reasonably quickly due to the approach that was taken.

Plaw adds that the surrounding landscape and investment in the immediate environment has been a real bonus for Profile Group’s people too. “Our people were incredibly grateful to see greenery. With outdoor areas to sit at lunch, and 22,000 plants in the ground to date, our people can get away from the factory feel.

Our people are excited to have space in their working environment too, which is a big one for us. From a health and safety perspective, being able to spread out and lay things out means we can do more things more effectively and more safely.”

Focus on circularity and lifting environmental standards Plaw says that what drives her forwards as a passionate sustainability practitioner is the ecological enhancement of the site. “Anything we do as a family and a group we want to do really well. We want to make it add value to the community and to the environment. Outside, we prioritised the waterways, doing lots of riparian planting and ecological work on nearby streams. We collect water off our 52,410sqm roof, which goes into our storage pond which can contain three million litres for firefighting, grey water and irrigation. 20% of our site is dedicated to wetland and riparian planting, with enhanced ecology and water sensitive design principles in place to replicate natural water systems and recharge the wetlands basin.

“People are now studying the frogs that have returned to the area, which is a great ecosystem indicator. We also planted thousands of native grasses and flaxes - all grown from our own nearby Karapiro nurseries thanks to our relationship with Sanctuary Mountain, Maungatautari - to absorb water.”

The building is also bristling with environmental features.

Passive design elements include an energy-efficient façade that combines high levels of insulation including an R4.0 warm roof and cladding, double-glazed low-e IGUs for all offices and high performance glass to skylights, plus vertical sun-shade louvres to east and west office elevations minimise solar gain. The post tensioned factory slab was designed to reduce embodied carbon, and the cross-laminated timber floors in the offices combine with Kingspan packing waste re-purposed as insulation to the perimeter foundations onsite to reduce carbon further.

“We are super proud that we achieved 90% waste diversion from landfill during construction,” says Plaw. “For example, our roofing came in polystyrene packing that it is now in our kerbside retaining walls. Repurposing materials that we have historically deemed as a waste material makes for a real success story.”

Plaw says that this focus on circularity and lifting environmental standards has also been applied to the manufacturing process. “At 90 metres, the facility offers the shortest finished IGU journey from plant to installation.

Numerous colour-coded method recycling bins are obvious throughout the factory, used frequently by the people working on the floor. We’re recycling soft plastics and reusing them where we can through our plastics division PPL. They go into the bin, get sent off to Astron, and then used again at our factory in Hamilton to make product.

proofing the business and the way they operate. “We have a massive opportunity, and cost savings to be had throughout the organisation. We have to move away from needing virgin material and new resources.

Fortunately, we have so much capability in this business, and it is part of our culture. Our people are more open to exposing the problems and working on solutions for a less impactful future.”

Many lessons learned along the way Profile Group’s approach to raising the standard involves “keeping it real, always learning,” says Plaw. “The lessons we have learned can help others: we are transparent so we can inspire others, hopefully. Lessons so far learned include future proofing office space. We already need more, which is a pro and a con as it does bring great jobs to great communities; we just have to house everyone.

“Another lesson is about food: specifically, access to lunch and amenities. In Hamilton you have everything around you. For people who have never brought their lunch to work, it’s a big change to come to a greenfield site. We have invested in a food truck; just working on a chef for any readers out there…”

What’s next for Profile Group?

The next step is to move other businesses within the group to this site, says Plaw. “We have 280 people here now, and there are 1,000 of us in the group. We just have to tackle inflated construction costs to justify the next building. Not easy with the current environment in New Zealand, and we’re in the industry.”

This, she says, is the first stage of a multi-hectare campus development project that will bring all the businesses in the group together over time. “We have outgrown our extrusion site, and although we are realistic that a downturn is coming, we want to meet the market when it comes back up. We have designed the plant and been to look at the technology for the extrusion press, taking it all on another step.

“Long-term, everyone in the group will be based here.

There will be two more manufacturing buildings to be constructed next door, and we’re talking about a wellness centre, swimming pool, basketball courts, cycleways, and more. A real hub for the future of our business, our people, and our customers all around the North Island.”

Profile Group are continuing to look for improvement opportunities in every aspect of what they do, future-

Industrial & Logistics | 7

Auckland Market Rentals

Silverdale A Grade $140 to $180

B Grade $125 to $140

A, B and C-Grade space (warehouse component only)

C Grade $105 to $125

Albany

H2 2023

A Grade $180 to $200

B Grade $140 to $170

C Grade $120 to $140

Hobsonville A Grade $200 to $220

B Grade $170 to $190

C Grade $140 to $160

Rosebank A Grade $180 to $210

B Grade $165 to $185

Henderson A Grade $165 to $195

C Grade $140 to $160

Airport

8 | IN––––SPECT

B Grade $160 to $180

C Grade $120 to $130

Penrose A Grade $200 to $230

A Grade $180 to $225

B Grade $150 to $160

C Grade $130 to $160

B Grade $160 to $190

C Grade $140 to $155

Rental growth remains in the marketplace but is being experienced at a more subdued rate.

Wairau B Grade $120 to $140

C Grade $105 to $120

Mt Wellington

Wiri A Grade $180 to $230

B Grade $155 to $175

A Grade $200 to $230

B Grade $160 to $190

C Grade $140 to $155

A Grade $190 to $220

B Grade $155 to $175

C Grade $145 to $165

East Tāmaki C Grade $135 to $145 Industrial & Logistics | 9

Auckland Industrial Vacancy Statistics

Silverdale 0.0% Vacancy

Albany

H2 2023

0.0% Vacancy

Hobsonville 0.0% Vacancy

Henderson Rosebank

0.0% Vacancy

0.3% Vacancy

Penrose 0.7% Vacancy

Māngere 0.0% Vacancy

10 | IN––––SPECT

We are no longer in a near dysfunctional market. The market is still very tight, but we are seeing vacancy lift.

Wairau 0.2% Vacancy

Mt Wellington 0.7% Vacancy

East Tāmaki 0.4% Vacancy

Ōtāhuhu Airport

Wiri

0.4% Vacancy

0.4% Vacancy

0.0% Vacancy

Industrial & Logistics | 11

80A Richard Pearse Drive, Airport

SOLE AGENCY

Show-Off in the Airport Available within a month’s notice, this A-Grade warehouse presents the perfect cost-effective opportunity for a lock-up and go, or overflow storage requirement. With the ability to drop containers on-site, this warehouse also comes with racking which has the option to be retained. Conveniently just minutes away from SH20 and the Auckland Airport, this won’t last long.

Area Type

Area Size

Warehouse

520sqm

Office/Showroom

315sqm

Car Parks

10

Hetu Shah

Alex Divers

021 800 538 hetu.shah@cbre.co.nz

021 715 385 alex.divers@cbre.co.nz www.cbre.co.nz/SAK100500

91B Richard Pearse Drive, Airport

JOINT SOLE AGENCY

Racked Warehouse with Generous Yard Available with two months notice, presents this clear span 2,729sqm warehouse, accommodating close to 2,500 pallet spaces within the existing racking layout. With a generous canopy and fully concreted yard space of 476sqm & 800sqm respectively, the site offers easy truck movement through the yard with a separate entrance and exit gate.

Area Type Warehouse Office Canopy Yard Car Parks

www.cbre.co.nz/SAK100563 12 | IN––––SPECT

Area Size 2,729sqm 280sqm 476sqm 800sqm 18

Hetu Shah

Alex Divers

021 800 538 hetu.shah@cbre.co.nz

021 715 385 alex.divers@cbre.co.nz

27 Verissimo Drive, Airport

Efficient A-Grade Facility With vacancy rates at a historic low, this opportunity to lease a 6,645sqm A-Grade facility with high profile in the Auckland Airport Precinct will be well received by the market.

The premise is efficiently laid-out, features a high stud and a clear span warehouse, accessible via multiple roller doors and supported by a drive-through yard which would cater for a wide range of uses.

The facility also boasts a generous 506sqm office, with concrete polished floors and signage opportunity on the exterior.

Additionally, there is a secure car park with over 30 spaces available for staff and customers.

Area Type

Area Size

Warehouse

4,996sqm

Office

506sqm

Canopy

1,143sqm

Car Parks

32

Ideally positioned on the doorstep of the country’s premier transport hub – Auckland Airport, the area benefits from improved infrastructure linking it to SH20, SH1 and SH16.

www.cbre.co.nz/SAK100412

Alex Divers

Claus Brewer

021 715 385 alex.divers@cbre.co.nz

021 656 650 claus.brewer@cbre.co.nz Industrial & Logistics | 13

1 Te Kapua Drive, Airport

The Core of The Landing Available now is this rare opportunity to lease an efficient and Grade A 4,010sqm warehouse in one of Auckland’s premium industrial precincts. Adjoining the high-stud, clear span warehouse is 586sqm of office space, 748sqm of canopy and 1,264sqm of secure yard space.

Gaining excellent exposure by cornering two industrial streets minutes from both Auckland Airport and SH20, this site appeals to a range of occupiers and will not last long.

www.cbre.co.nz/SAK100553 14 | IN––––SPECT

Area Type

Area Size

Warehouse

4,010sqm

Office

568sqm

Canopy

748sqm

Yard

1,264sqm

Car Parks

50

Alex Divers

Claus Brewer

021 715 385 alex.divers@cbre.co.nz

021 656 650 claus.brewer@cbre.co.nz

460 Rosebank Road, Avondale

1,933sqm Rosebank Road Gem Located within Rosebank Industrial Precinct, Avondale is this 1,933sqm warehouse available for lease. This property is suitable for a range of users and includes drive-through truck access with an enclosed loading bay, a low office component and flexible lease terms.

Conveniently located on Rosebank Road this property takes advantage of its excellent access to Western Auckland motorways, including SH16, and is just a ten minute drive from Auckland CBD. This opportunity represents the best value offering in the area, and is one that should not be missed.

Luke Goldstone

Alex Divers

021 147 7400 luke.goldstone@cbre.co.nz

021 715 385 alex.divers@cbre.co.nz

Area Type

Area Size

Warehouse

1,933sqm

Enclosed Canopy

648.5sqm

Amenities

50sqm

www.cbre.co.nz/SAK100503 Industrial & Logistics | 15

Units D&E, 83 Springs Road, East Tāmaki

High Profile East Tāmaki Warehouse Available in the second quarter of 2024 is this high-profile site in the heart of East Tāmaki. Containing 613sqm of warehouse facilities, combined with an adjoining 471sqm split-level office facilities. The site presents high-profile road frontage opportunities, suitable for a multitude of occupiers.

Area Type

Area Size

Warehouse

613sqm

Showroom & Amenities

223sqm

First Floor Office

248sqm

Sam Jeffries

Lewis Watson

021 334 794 sam.jeffries@cbre.co.nz

021 845 484 lewis.watson@cbre.co.nz www.cbre.co.nz/SAK100525

11C Blackburn Road, East Tāmaki

Functional and Modern A-Grade Warehouse Available now is a functional and modern A-Grade warehouse and office facility located in East Tāmaki. The site has 884sqm of warehouse, 220sqm of office, and 12 car parks. The warehouse is clear-span and has one roller door. The site is a five minute drive from SH1 on and off ramps creating easy accessibility to the Northern and Southern motorways.

www.cbre.co.nz/SAK100497 16 | IN––––SPECT

Area Type

Area Size

Warehouse

884sqm

Office

220sqm

Car Parks

12

Sam Jeffries

Lewis Watson

021 334 794 sam.jeffries@cbre.co.nz

021 845 484 lewis.watson@cbre.co.nz

SOLE AGENCY

89A Springs Road, East Tāmaki

High Profile East Tāmaki Showroom A prime opportunity on the corner of Springs Road and Smales Road, East Tamaki. Presenting circa 311sqm of floor space, the space comes with ample on-site car parking; ideal for a variety of showroom and retail users alike. With brand exposure like noneother, this golden offering won’t last long in the tightly held and competitive East Tāmaki market.

Hetu Shah

Sam Jeffries

021 800 538 hetu.shah@cbre.co.nz

021 334 794 sam.jeffries@cbre.co.nz

Area Type

Area Size

Showroom

242sqm

Office & Amenities

47sqm

Storage

21sqm

www.cbre.co.nz/SAK100523 Industrial & Logistics | 17

C5/27 Smales Road, East Tāmaki

High-Spec Modern Warehouse Available April 2024 is a 794.76sqm high-spec modern industrial warehouse located in the highly sought after East Tāmaki Industrial Hub. This is a scarce opportunity to occupy a fully racked warehouse and fitted office with three-phase power, EV charging car parks and a 125% NBS rating.

East Tāmaki is regarded as one of New Zealand’s premier industrial suburbs, with access to major roading infrastructure and other key areas within Auckland providing the perfect position for any business.

www.cbre.co.nz/SAK100556 18 | IN––––SPECT

Area Type

Area Size

Warehouse

794.76sqm

Showroom & Amenities

172.79sqm

Canopy

122.69sqm

Car parks

12

Lewis Watson

Sam Jeffries

021 845 484 lewis.watson@cbre.co.nz

021 334 794 sam.jeffries@cbre.co.nz

SOLE AGENCY

1-3 Ron Driver Place, East Tāmaki

Street-Facing Dual Access Site This is a rare, highly sought-after warehouse package in the heart of the East Tāmaki industrial precinct. This dual-access corner site takes advantage of its positioning near Harris Road, fronting two prominent industrial streets. Available now this opportunity to lease over 3,000sqm of prime warehouse in a tightly held industrial market won’t last long.

Lewis Watson

Sam Jeffries

021 845 484 lewis.watson@cbre.co.nz

021 334 794 sam.jeffries@cbre.co.nz

Area Type

Area Size

Warehouse

3,247sqm

Office

532sqm

Canopy

173sqm

Yard

1,369sqm

Car Parks

26

www.cbre.co.nz/SAK100491 Industrial & Logistics | 19

Artist’s impression

New Builds on a High-Profile Corner Site 78 Springs Road, East Tāmaki Available for tenant-fit out in mid-2026, these new build warehouses offering a range of configurations hit the market. The site is targeting a 5 Green Star rating, as a development that uses sustainable construction materials, rainwater harvesting and will provide EV charging stations.

The new development presents warehouse areas ranging between 4,800sqm to 17,500sqm to appeal to a variety of users. Positioned is on a high-profile corner site offering great road frontage and high-volumes of traffic. Additional benefits of the location include ease of access to the Southern Motorway, combined with public transport links with a bus stop directly in front of the property. The external space offers a dedicated one way drive-through access for loading and unloading with 178 car parks.

Area Type

Area Size

Warehouse

4,800sqm – 17,500sqm

Office

400sqm – 500sqm

Yard

1,900sqm

Breezeway

6,500sqm

Car Parks

178

Lewis Watson

Claus Brewer

Sam Jeffries

021 845 484 lewis.watson@cbre.co.nz

021 656 650 claus.brewer@cbre.co.nz

021 334 794 sam.jeffries@cbre.co.nz

www.cbre.co.nz 20 | IN––––SPECT

Artist’s impression

YARD

5 Star Green Star development

CANOPY

OFFICE

CAR PARKS

BREEZEWAY

YARD

High profile corner site

Excellent access to the Southern motorway

YARD YARD

BREEZEWAY

CANOPY

CAR PARKS

EV charging stations

OFFICE

CAR PARKS

OFFICE

Industrial & Logistics | 21

45 Cryers Road, East Tāmaki

PARTIALLY LEASED

Dual Access Yard Available Now Now partially leased is this dual access yard with 180sqm of office and amenities in East Tāmaki. The site is fully fenced and secure allowing for a variety of uses. East Tāmaki Industrial Hub is regarded as one of New Zealand’s premier industrial suburbs, with access to major roading infrastructure and other key areas within Auckland providing the perfect position for any business.

Area Type

Area Size

Yard

1,200sqm

Office

180sqm

Lewis Watson

Claus Brewer

021 845 484 lewis.watson@cbre.co.nz

021 656 650 claus.brewer@cbre.co.nz www.cbre.co.nz/SAK100529

8B Bostock Place, East Tāmaki

SOLE AGENCY

Sealed Secure Yard Available late March 2024 is this 1,165sqm sealed yard. The site is fenced and secure, located in the highly sought after Industrial Hub of East Tāmaki. The yard is benefits from its central location being only minutes from SH1 and SH10 and other main arterial routes.

www.cbre.co.nz/SAK100541 22 | IN––––SPECT

Area Type

Area Size

Yard

1,165sqm

Lewis Watson

Sam Jeffries

021 845 484 lewis.watson@cbre.co.nz

021 334 794 sam.jeffries@cbre.co.nz

4A Pukekiwiriki Place, East Tāmaki

A-Grade Industrial Site Coming in May This A-Grade industrial site in East Tāmaki will be available in May 2024. The site consists of a modern clear span 902sqm, 7.4m stud warehouse, combined with a 263sqm office and 44sqm canopy.

The site also has 15 on-site car parks and is a corner site with excellent exposure.

Area Type

Area Size

Warehouse

901.8sqm

Office

263sqm

Canopy

44sqm

Car Parks

15

Sam Jeffries

Lewis Watson

021 334 794 sam.jeffries@cbre.co.nz

021 845 484 lewis.watson@cbre.co.nz

www.cbre.co.nz/SAK100538

4B Pukekiwiriki Place, East Tāmaki

Modern Unit on Pukekiwiriki Place Available May 2024 is this modern clear span warehouse with a stud height of 7.2 metres. The 681sqm warehouse is accompanied by 203sqm of office space as well as a 42.1sqm canopy. With flexible leasing options to suit your business, ample parking and a corner site with exposure to traffic, this opportunity won’t last long.

Sam Jeffries

Lewis Watson

021 334 794 sam.jeffries@cbre.co.nz

021 845 484 lewis.watson@cbre.co.nz

Area Type

Area Size

Warehouse

681sqm

Office

203sqm

Canopy

42.1sqm

Car Parks

15

www.cbre.co.nz/SAK100540 Industrial & Logistics | 23

18 Business Parade North, East Tāmaki

High Quality Warehouse Space Available April 2024, this impressive 3,142sqm high spec warehouse is available to lease in Highbrook Business Park, East Tāmaki.

Area Type

Area Size

The corner site has exceptional exposure to over 30,000 commuters who travel along Highbrook Drive daily, combined with 406sqm split level office, 451sqm canopy and extensive 1,069sqm secure yard. The site benefits from its ease of access to major arterial routes and SH1, enabling optimal business efficiency.

Warehouse

3,142sqm

Office

406sqm

Canopy

451sqm

Yard

1,069sqm

The opportunity for the warehouse to come fully racked is also available for those that require this functionality. Get in touch with one of our agents today as this unique listing will not last long.

Car Parks

15

www.cbre.co.nz 24 | IN––––SPECT

Lewis Watson

Sam Jeffries

021 845 484 lewis.watson@cbre.co.nz

021 334 794 sam.jeffries@cbre.co.nz

38 Sir Woolf Fisher Drive, East Tāmaki

Multi-Use Industrial Space Available in the last quarter of 2024 is a multi-use industrial space, that has excellent signage opportunities available for tenants. The site has 4,513sqm of warehouse, 510sqm of office, 590sqm of secure yard and 70 car parks. The warehouse is fully sprinklered and has four roller doors.

Lewis Watson

Sam Jeffries

021 845 484 lewis.watson@cbre.co.nz

021 334 794 sam.jeffries@cbre.co.nz

Area Type

Area Size

Warehouse

4,513sqm

Office

510sqm

Canopy

793sqm

Yard

590sqm

Car Parks

70

www.cbre.co.nz/SAK100562 Industrial & Logistics | 25

MASTER AGENCY

Te Ipukura Warehouse Units

Artist’s impression

Ruakura Superhub - Secure Your Space Today At 490 hectares, Ruakura Superhub is one of Aotearoa New Zealand’s largest multi-use developments, all within easy access to and from the Waikato Expressway. The Superhub offers options; lease 1,000sqm+ at the Te Ipukura units, get flexible metalled yard solutions up to 8,000sqm or enquire for design build solutions.

Pre-committed tenants include household names such as Kmart, Maersk, PBT and Big Chill. Located at the nexus of the golden triangle between Auckland and Tauranga, the Superhub is anchored by an inland port and will include logistics, industrial, commercial, retail, green space, and residential living options.

Ruakura Superhub is 4km from the Hamilton CBD and broadly equidistant from the cities and seaports of Auckland and Tauranga.

Claus Brewer

Kate van der Zeyden

021 656 650 claus.brewer@cbre.co.nz

021 295 2171 kate.vanderzeyden@cbre.co.nz

Ruakura Superhub, Hamilton

Te Ipukura Warehouse Units Area Type

Area Size

Warehouse 2

1,000sqm

Warehouse 3

1,000sqm

Warehouse 4

1,000sqm

Yard Space: Aka Matua Lane Area Type

Area Size

Yard

8,000sqm

Design and Build Options Enquire for more information

www.cbre.co.nz/SAK100401 26 | IN––––SPECT

Option C: Design and Build

Close proximity to Waikato Expressway

Secure site or a turn-key facility

Benefit from Inland Port network within the Superhub

Located only 4km from Hamilton

Dedicated wetland development and sustainability initiatives Option B: Yard Space

Artist’s impression

Industrial & Logistics | 27

8 Aetna Place, Henderson

Rare A-Grade Henderson Facility Available now for Sale or Lease is this high-quality 7,383sqm Warehouse facility in Henderson. This Warehouse has ample drive-around truck access with seven roller doors suitable for a range of users. This is a rare opportunity in a tightly held industrial market with less than 1% vacancy rate.

Area Type

Area Size

Warehouse

4,554sqm

Office & Amenities

350sqm

Showroom

350sqm

Canopy

688sqm

Enclosed Canopy

1,441sqm

Luke Goldstone

Alex Divers

021 147 7400 luke.goldstone@cbre.co.nz

021 715 385 alex.divers@cbre.co.nz www.cbre.co.nz/SAK100386

34 Cartwright Road, Kelston

LEASED

950sqm Kelston Solution Coming available in June 2024 is this prime opportunity to lease 865sqm of warehouse space in Kelston. The site also contains 85sqm office and an adjoining 650sqm of sealed and secure yard space, suitable for a range of users.

www.cbre.co.nz/SAK100507 28 | IN––––SPECT

Area Type

Area Size

Warehouse

865sqm

Office

85sqm

Yard

650sqm

Luke Goldstone

Alex Divers

021 147 7400 luke.goldstone@cbre.co.nz

021 715 385 alex.divers@cbre.co.nz

Artist’s impression

Brand New 3,855sqm Warehouse Available in July 2024 is a brand new, A-Grade, high-stud warehouse located in the tightly held logistics precinct of Mount Roskill.

CAR PARKS

60 Roma Road Mount Roskill WAREHOUSE 3,855sqm OFFICE (over two levels) 450sqm CANOPY 515sqm

YARD 886sqm

Roma Road

m Com

on

ad Ro CAR PARKS

Area Type

Area Size

Alongside the 3,855sqm warehouse, the site has 450sqm of office, 886sqm of yard space, and 28 car parks. There is also exceptional proximity to public transport and cycle paths.

Warehouse

3,855sqm

Office

450sqm

Surrounded by logistics and distribution businesses, Mount Roskill is conveniently situated near key transport links such as State Highway 20 and the Waterview Tunnel, as well as being within 14kms of both the Auckland’s CBD and Auckland International Airport.

Canopy

515sqm

Yard

886sqm

Car Parks

28

www.cbre.co.nz/SAK100235

Claus Brewer

Alex Hopkinson

021 656 650 claus.brewer@cbre.co.nz

021 071 5244 alex.hopkinson@cbre.co.nz Industrial & Logistics | 29

Here

There You are here... But to get you where your business is going, you’ll need someone who is there.

Ready to rethink, reshape, recast.

With data and insights, that give you the foresight to make ‘should we?’ ‘we should’.

CBRE’s Advisory & Transaction Services Industrial & Logistics team work hand and hand the most sophisticated research and thought leadership platform in commercial real estate to allow our clients to plan for everything and realise anything.

32 Bell Avenue, Mount Wellington

Sylvia Park Shopping Centre SH1

Pre-Eminent Warehouse

Great South Road

Mount Richmond Industrial

Ōtāhuhu/Mount Richmond

This Mount Wellington distribution centre is a dual access and drive around site located in Mount Wellington, one of Auckland’s centrally located Industrial areas. The site is located close to main arterial routes and SH1.

Area Type

Area Size

Warehouse

7,285sqm

Breezeway

626sqm

Canopy

384sqm

Office

453sqm

Courtyard

40sqm

The site offers 7,285sqm of warehouse with six roller doors, and a combined 1,010sqm of breezeway and canopies, totalling a leasable area of 8,788sqm.

Mt Wellington is the pre-eminent industrial location in Auckland being only 9km from the Auckland’s CBD and 17km to Auckland Airport, with the option of two motorway interchanges and highvolume traffic arterials in addition to its close proximity to main sea, air and freight ports. This is a rare opportunity to occupy a functional warehouse in a highly sought-after central location directly adjacent to Sylvia Park Shopping Centre.

The site will be available in the second half of the year and there is the opportunity for flexible refurbishment.

Nick Tyler

Alex Hopkinson

021 341 223 nick.tyler@cbre.co.nz

021 071 5244 alex.hopkinson@cbre.co.nz

Claus Brewer 021 656 650 claus.brewer@cbre.co.nz

www.cbre.co.nz/SAK100560 Industrial & Logistics | 31

SOLE AGENCY

Strategically Located Warehouse 41-37 Carbine Road, Mount Wellington

Available October 2024 and located in the highly sought-after Mount Wellington Industrial Hub, is this impressive 5,122sqm warehouse. The warehouse boasts a low office ratio and lends itself to a range of users that require a high proportion of warehouse space and also has three roller doors and a container friendly yard with the ability to unload six containers at a time.

Strategically located 9kms from Auckland’s CBD and 17kms from Auckland Airport, combined with two motorway interchanges and high-volume traffic arterials.

Nick Tyler

Alex Hopkinson

021 341 223 nick.tyler@cbre.co.nz

021 071 5244 alex.hopkinson@cbre.co.nz www.cbre.co.nz/SAK100554

32 | IN––––SPECT

Area Type

Area Size

Warehouse

5,122sqm

Office & Amenities

234.2sqm

Mezzanine

414.2sqm

Canopy

304.7sqm

Car Parks

63

Boundary lines indicative only

Container-friendly yard

Prime central location in an industrial hub

Three roller doors

63 on-site car parks

Located only 9km from Auckland’s CBD

Industrial & Logistics | 33

SOLE AGENCY

Boundary lines indicative only

77D Carbine Road, Mount Wellington

Warehouse with Flexible Lease Terms Available from April 2024, located in the highly sought-after Mount Wellington industrial hub, is this tidy 1,795sqm warehouse.

The high-stud warehouse boasts a low office ratio, lending itself to a range of users that require a high proportion of warehouse space.

The property is elevated with a 63sqm canopy allowing for dry unloading into the warehouse, combined with 567sqm of exclusive sealed yard space allowing for container drop capabilities and extensive storage.

Minutes from two motorway interchanges and local amenities provided at the nearby Sylvia Park Shopping Centre. This is a rare opportunity to occupy a functional warehouse in a highly soughtafter central location with neighbouring major tenants including Coca-Cola and Tip-Top.

www.cbre.co.nz/SAK100531 34 | IN––––SPECT

Area Type

Area Size

Warehouse

1,795sqm

Office

84.76sqm

Canopy

63sqm

Yard

567sqm

Nick Tyler

Alex Hopkinson

021 341 223 nick.tyler@cbre.co.nz

021 071 5244 alex.hopkinson@cbre.co.nz

510 Mount Wellington Highway, Mount Wellington

Prime Mt Wellington Facility Available now is a large multi-space facility located in the highly sought after Mount Wellington Industrial Hub. The site offers 8,710.5sqm of warehouse and up to 103 car parks. The site has great road frontage and is in close proximity to main arterial routes and minutes from SH1.

Nick Tyler

Alex Hopkinson

021 341 223 nick.tyler@cbre.co.nz

021 071 5244 alex.hopkinson@cbre.co.nz

Area Type

Area Size

Warehouse

8,710.5sqm

Breezeway

2,028.4sqm

Office

Up to 1,804sqm

Mezzanine

190.8sqm

Total Area

12,812.1sqm

www.cbre.co.nz/SAK100423 Industrial & Logistics | 35

Options for all Warehouse Users 2 Monahan Road Mount Wellington Available for lease, this warehouse and office facility in Mount Wellington.

Strategically positioned next to SH1 and Sylvia Park, this site contains ample car parking and two drive through canopies.

Mt Wellington is the pre-eminent industrial location in Auckland being only a 15-minute drive from the CBD, with the option of two motorway interchanges and high volume traffic arterials in addition to its close proximity to main sea, air and freight ports.

There is also flexibility to split this facility, so you can split the space and take what you need starting from 3,000sqm warehouse. Options to lease 5,000sqm up to 11,019sqm.

Nick Tyler

Alex Hopkinson

021 341 223 nick.tyler@cbre.co.nz

021 071 5244 alex.hopkinson@cbre.co.nz www.cbre.co.nz/SAK100456

36 | IN––––SPECT

Area Type

Area Size

Warehouse

11,019sqm

Office

1,658sqm

Canopies

4,402sqm

Yard

8,500sqm

“There is also flexibility to split this facility, so you can choose to lease 3,000sqm up to 11,019sqm.”

SH SH

OW EM CL

DR

1

IVE

Drive around yard and two drive through canopies Flexible leasing from 3,000 - 11,019sqm

CANOPY

YARD

MT WELLINGTON HIGHWAY

1

Car parking available

OFFICE OFFICE

WAREHOUS E

OFFICE

FULL DRIVE-AROUND ACCESS

Generous 8,500sqm yard

CANOPY

MONAHAN ROAD

Close proximity to motorways and amenity

Industrial & Logistics | 37

Artist’s impression

Five Warehouses Ranging from 3,000sqm to 17,000sqm Mount Richmond Industrial, Mount Wellington Available from Q4 2025 are five clear-span and high-stud warehouses ranging from 3,000sqm to 17,000sqm located in Mount Wellington, in a strategic industrial location near major arterial routes and state highways creating effortless commuting and logistics.

The industrial warehouse complex is 20 minutes from Auckland International Airport and close to transport hubs and retail services to offer your staff more opportunities.

The warehouses are designed to target a 6-star green star rating including solar panels, EV and truck charging capacity, and rainwater harvesting. Occupiers also can personalise their facility to promote character and originality.

Warehouse Option

Area Size

Warehouse 1*

17,058sqm

Warehouse 3

15,012sqm

Warehouse 4

4,277sqm

Warehouse 5

3,162sqm

Warehouse 6

5,202sqm

*Ability to split

Nick Tyler

Alex Hopkinson

Claus Brewer

021 341 223 nick.tyler@cbre.co.nz

021 071 5244 alex.hopkinson@cbre.co.nz

021 656 650 claus.brewer@cbre.co.nz

www.cbre.co.nz/SAK100421 38 | IN––––SPECT

"...designed to target a 6-star green star rating including solar panels, EV and truck charging capacity, and rainwater harvesting"

Sylvia Park Shopping Centre SH1

Targeting a 6 Star Green Star design and as-built rating

Solar panels

Great South Road

EV chargers installed, ability to add truck chargers Mount Richmond Industrial

Rainwater harvesting and low-consumption water fittings throughout

Ōtāhuhu/Mount Richmond

Low carbon design materials and manufacturing processes

Industrial & Logistics | 39

4 Henderson Place, Onehunga

Quality Office & Warehouse Available late 2024, this quality office to warehouse ratio space is available to lease. The warehouse boasts a stud height of 7.5 metres at the knee rising to 10.9 metres, combined with dual access, drive around capabilities and ample on-site car parking.

The site is zoned ‘Heavy Industry’, appealing to a range of users who require this zoning type to facilitate day-to-day business operations.

Onehunga is a popular industrial hub in Auckland. The region consists of a mix of ‘Light’ and ‘Heavy’ zoning which in turn attract a range of industrial sectors. Onehunga has excellent access to both State Highway 1 and 20 and is located within 14kms of both the Auckland CBD and Auckland International Airport. Onehunga/Penrose benefits from the Waterview Tunnel connection providing efficient access to the CBD.

www.cbre.co.nz 40 | IN––––SPECT

SH1

Mount Smart Road

4 Henderson Place

Mt Smart Stadium

Church Street Neilson Street

Area Type

Area Size

Warehouse

7,332.4sqm

Warehouse Office

386.6sqm

Office

3,113.5sqm

Office Desk

202.8sqm

Canopy

1,090.20sqm

Sprinkler Room

8.6sqm

Alex Hopkinson

Henry Smit

021 071 5244 alex.hopkinson@cbre.co.nz

027 8813 462 henry.smit@cbre.co.nz

Artist’s impression

224 Neilson Street, Onehunga

4,904sqm 6 Star Green Industrial Due early 2025 is a future-proof warehouse, located in Penrose.

The site is conveniently and strategically located between SH20 and SH1. The location of the site also offers large road frontage, creating very high exposure for tenants. Neilson Street is one of the most highly-sought after streets in the Onehunga business district.

The warehouse is designed to reach a 6-star green star rating with aspects such as rainwater harvesting, EV and truck charging capacity, and is to be built with low carbon design and materials.

The array of parking options on-site will appeal to businesses of all sizes.

SH1

Onehunga Mall

Church Road 224 Neilson St Neilson Street

SH20

Area Type

Area Size

Warehouse

4,904sqm

Office

500sqm

Canopy

1,063sqm

Yard

1,790sqm

The 4,904sqm warehouse offers full yard circulation and clearspan, high-stud spaces. There are three entry points off Neilson Street as well as a dedicated exit onto Captain Springs Road.

www.cbre.co.nz/SAK100426

Alex Hopkinson

Henry Smit

021 071 5244 alex.hopkinson@cbre.co.nz

027 8813 462 henry.smit@cbre.co.nz Industrial & Logistics | 41

Building 9, 1-9 Manu Street Ōtāhuhu

Clear-Span, High-Stud, 10,000sqm Warehouse In the second quarter of 2024, this exceptional 10,000sqm warehouse becomes available. The clear span warehouse has a rising stud height between 10 to 12 metres, complemented by eight roller doors, combined with a modern 720sqm office/ showroom suitable for a multitude of warehouse and showroom occupiers.

The site is zoned ‘Heavy Industry’ and is in close proximity to multiple public transport offerings and SH1 motorway on and off ramps, heightening the sites connectivity advantage and increasing occupiers’ efficiency.

www.cbre.co.nz 42 | IN––––SPECT

Boundary lines indicative only

Area Type

Area Size

Warehouse

10,000sqm

Office/Showroom

720sqm

Canopy

2,410sqm

Nick Tyler

Claus Brewer

021 341 223 nick.tyler@cbre.co.nz

021 656 650 claus.brewer@cbre.co.nz

Building 14, 1-9 Manu Street, Ōtāhuhu

Brand New A-Grade Warehouse Available now is a modern 5,040sqm clear span warehouse with a stud height of 12 meters, and eight roller doors, located in the main industrial hub of Auckland. The site is complemented by large functional yard areas with drive around capabilities, an expansive canopy, and office space.

Situated in close proximity to main arterial routes and a mere 14kms from the CBD and Airport. The area contains a mix of both light and heavy zoning which attracts a variety of industrial users, suitable for a multitude of business needs.

Nick Tyler

Alex Hopkinson

021 341 223 nick.tyler@cbre.co.nz

021 071 5244 alex.hopkinson@cbre.co.nz

Area Type

Area Size

Warehouse

5,040sqm

Office

518sqm

Canopy

1,560sqm

Yard

3,284sqm

www.cbre.co.nz/SAK100431 Industrial & Logistics | 43

Artist’s impression

Spedding Road, Whenuapai Estate

Brand New, High Spec and Eco-Targeted Expecting availability from Q2 2027, this exceptional six hectare of prime greenfield land in Auckland’s Northwest hits the market.

Offering multiple warehouse options of up to 10,000sqm with the opportunity for Design and Build packages, the development will target a 5 Green Star Rating and consist five modern, highspec warehouses with a stud height of 12.5 metres to the knee, combined with six office spaces ranging between 450sqm to 1,300sqm and canopy, yard and breezeways from 1,620sqm to 3,250sqm.

The development is positioned with easy access to the North Western and Upper Harbour motorways and in close proximity to local retail amenities. The Auckland Council has also committed to invest in extensive infrastructure upgrades to support the growth of the wider area in the coming years.

www.cbre.co.nz 44 | IN––––SPECT

Design and build packages available

High stud warehouse – 12.5m to the knee

Targeted 5 Green Star rated development

Area Type

Area Size

Warehouse

4,390sqm to 10,000sqm

Office

450sqm to 1,300sqm

Canopy, Yard & Breezeway 1,620sqm to 3,250sqm Car Parks

171

Claus Brewer

Luke Goldstone

Alex Divers

021 656 650 claus.brewer@cbre.co.nz

021 147 7400 luke.goldstone@cbre.co.nz

021 715 385 alex.divers@cbre.co.nz

17 Botha Road, Penrose

Quality Industrial Leasing Opportunity Available now is a high quality industrial leasing opportunity which will appeal to a range of occupiers. The site has 5,586sqm of warehouse and 463sqm for racked freezer space. There are multiple roller doors and a freight elevator leading to the mezzanine. There is also 3 MW of power capacity on-site along with an extensive list of other equipment left behind by the previous tenant. Located in Penrose with great access SH20, SH1 and public transport, routes are in easy reach lend this site well to last mile logistic.

Alex Hopkinson

Henry Smit

021 071 5244 alex.hopkinson@cbre.co.nz

027 8813 462 henry.smit@cbre.co.nz

Area Type

Area Size

Warehouse

5,586sqm

Freezer

462sqm

Office

1,371sqm

Mezzanine

314sqm

Canopy

1,114sqm

Car Parks

100+

www.cbre.co.nz

4 Autumn Place, Penrose

A-Grade Warehouse Available Soon Available in June 2024, seize the opportunity to secure an exceptional modern A-Grade, clear-span warehouse and yard facility. This spacious property offers a clear span warehouse spanning 1,076sqm with convenient roller door access and 8 metre rising stud height. Additionally, there is a well-appointed 133sqm office space.

Sam Jeffries

Henry Smit

021 334 794 sam.jeffries@cbre.co.nz

027 8813 462 henry.smit@cbre.co.nz

Area Type

Area Size

Warehouse

1,076.1sqm

Office

133.4sqm

www.cbre.co.nz/SAK100513

Boundary lines indicative only

Industrial & Logistics | 45

Building 1, 69 McLaughlins, Wiri

8,100sqm Brand New Warehouse Artist’s impression

On offer is this large scale, A-Grade logistics facility with an estimated completion date of April 2024. Built to the highest specifications with eight roller doors, parking to the north and south of the building, this functional high-stud facility has everything any large format logistics user requires. Warehouse One offers 8,100sqm of high-stud warehouse and 619sqm of office and amenities. Positioned on a corner site, this property allows for dual access and drive-through capabilities.

Wiri is the fastest growing industrial zone in Auckland, with convenient access to both State Highways 1 and 20, combined with the inland port, this area provides manufacturing, logistics and warehousing companies unbridled distribution access in every direction. This location is a mere 24kms to the CBD and Port of Auckland with Auckland International Airport located only 7.6km from Wiri.

www.cbre.co.nz/SAK100350 46 | IN––––SPECT

Area Type

Area Size

Warehouse

8,100sqm

Office

619sqm

Canopy

2,410sqm

Paul Steele

Claus Brewer

021 494 111 paul.steele@cbre.co.nz

021 656 650 claus.brewer@cbre.co.nz

Building 2, 69 McLaughlins, Wiri

1,452sqm Brand New Warehouse Positioned on a ‘Heavy-Industry’ zoned corner site, this property boasts street exposure, a functional high-stud, dual access 1,452sqm warehouse with drive-through capabilities – suitable for a multitude of users.

With an estimated completion date of April 2024, secure a feature position to the gateway of a future 30ha industrial park, linking the Wiri and Airport Oaks industrial precincts via McLaughlins and Prices Road.

Area Type

Area Size

Warehouse

1,452sqm

Office

200sqm

Breezeway

226sqm

Artist’s impression

Paul Steele

Claus Brewer

021 494 111 paul.steele@cbre.co.nz

021 656 650 claus.brewer@cbre.co.nz

www.cbre.co.nz/SAK100351 Industrial & Logistics | 47

Rare 10,475sqm Wiri Offering 86B Plunket Avenue, Wiri Available now is this rare opportunity to lease 10,475sqm of highly sought-after, cost-effective warehouse space in Wiri.

The warehouse has multiple roller doors and has a sought-after warehouse to office ratio.

This site takes advantage of its close proximity to both SH1 and SH20 on ramps, and has great drive-through truck access.

The site also offers 3,067sqm of fully-fenced yard space and 10 car parks. The office is modern and air-conditioned, and there is also a café on-site.

Paul Steele

Claus Brewer

021 494 111 paul.steele@cbre.co.nz

021 656 650 claus.brewer@cbre.co.nz www.cbre.co.nz/SAK100558

48 | IN––––SPECT

Area Type

Area Size

Warehouse

10,475sqm

Office

241sqm

Canopy

689sqm

Yard

3,067sqm

Car Parks

10

PLUNKET AVENUE

Designated truck access

CAR PARKS

OFFICE

CANOPY

WAREHOUSE

Drive through capabilities

Fully fenced and secured site

Sought-after warehouse to office ratio

Modern office space

Industrial & Logistics | 49

Artist’s impression

Location, Flexibility and Design Wiri Logistics Estate, Wiri

Artist’s impression

This opportunity is situated in Auckland’s logistics and distribution epicentre. The Wiri Logistics Estate provides occupiers immediate access to the southern-western motorway and Roscommon Road. It also neighbours Wiri Inland Port, which provides container storage and truck shuttle services. This allows for efficient transportation to and from the Inland Port and seaports, helping you avoid congestion and delays.

Join NZ Post, Woolworths, Hilton Foods, Martin Brower, Synnex and Kiwi Logistics who have already made this market-leading estate their home.

Paul Steele

Claus Brewer

021 494 111 paul.steele@cbre.co.nz

021 656 650 claus.brewer@cbre.co.nz www.cbre.co.nz/SAK100559

50 | IN––––SPECT

Area Type

Area Size

Warehouse

22,300sqm

Office

1,000sqm

Site

41,781sqm

South-Western Motorway

Main Trunk Line

Inland Port

Roscommon Road

Wiri Station Road Wiri Logistics Estate Fuso

Orora Group

PUAKI DRIVE

PARK IN

G

HILTON FOODS

Flexible development opportunities

COUNTDOWN/ WOOLWORTHS MARTIN BROWER

22,300sqm

PARK IN

G

LANG

ROSCOMMON ROAD

LEY

NZ POST

SYNNEX

ROAD

Efficient estate layout and circulation

Close proximity to main arterial routes

Flexibility to accommodate users up to 80,000sqm

KIWI LOGISTICS

Distribution Epicentre WIRI STATION ROAD

Industrial & Logistics | 51

70A Plunket Avenue, Wiri

3,250sqm Wiri Warehouse Available in Q3/Q4 2024, presents this rare opportunity to lease a 3,250sqm warehouse space in Wiri. Situated in the M20 Industrial Business Park, this modern industrial site consists of a generous 1,187sqm concrete yard area, combined with a 300sqm office ratio.

The site is gated and secure, located in close proximity to SH1 and SH20.

This location is highly sought after due to Wiri being one of the fastest growing commercial zones in Auckland. Benefiting from the large Manukau labour force and efficient access to main arterial routes, providing logistics and manufacturing companies convenient access in all directions.

www.cbre.co.nz/SAK100522 52 | IN––––SPECT

Area Type

Area Size

Warehouse

3,250sqm

Office

300sqm

Yard

1,187sqm

Car Parks

22

Paul Steele

Vinay Patel

021 494 111 paul.steele@cbre.co.nz

021 38 25 25 vinay.patel@cbre.co.nz

212C Cavendish Drive, Wiri

6,762sqm Prime Wiri Warehouse Boundary lines indicative only

Area Type

Area Size

Warehouse

6,762sqm

Canopy

696sqm

Office

291sqm

Yard

4,324sqm

Car Parks

21

Paul Steele

Vinay Patel

021 494 111 paul.steele@cbre.co.nz

021 38 25 25 vinay.patel@cbre.co.nz

Available now, this exceptional 6,762sqm warehouse facility for lease. The site lends itself to users that require a high warehouse ratio with minimal, but sufficient office space.

Combined with a generous 4,324sqm drive-through sealed yard suitable for container de-vanning at the front and side of the building.

Situated in the highly sought-after Industrial Hub of Wiri, this site has great access to both SH1 and SH20, enabling efficient business operations for logistics and manufacturing operators.

Get in touch with one of our agents today to grasp this great opportunity.

www.cbre.co.nz/SAK100557 Industrial & Logistics | 53

What does the year-end Auckland industrial occupier survey mean for occupiers?

Claus Brewer National Director, Industrial & Logistics

Zoltan Moricz Executive Director of Research

On the face of it, our latest survey shows that over the last six months to December 2023, vacancy across the region remained stable at 0.5%, or circa 75,000sqm. While ‘Prime’ vacancy dropped from 0.6% to 0.3%, ‘Secondary’ vacancy increased slightly from 0.5% to 0.7%, or by 19,000sqm. There is some easing but this trend is expected to continue in 2024 with a sluggish economy exacerbating more volatility in the ‘Secondary’ market than the ‘Prime’ market.

When you look at our market holistically, we have moved through the last few years from a just-in-time to a ‘just-in-case’ market. This has balanced somewhat as container and shipping costs have reduced significantly from their COVID-era pressure.

We are now in a period in which a number of occupiers, including logistics providers, are normalising their footprints, so the property market is starting to normalise too. That said, we have seen demand reduce a bit for leased space purely on the back of consumer spending coming back. Inventory levels that needed growth to support the just-in-case market are finding a balanced position.

Overall, vacancy is still exceptionally tight. For an occupier to occupy space within a short timeframe the market is still very challenging, but not to the extent it was in 2023 when the market was effectively dysfunctional.

A key factor driving industrial footprint needs is immigration.

Statistics New Zealand shows during the year ended January 2024, the estimated net migration hit a record 133,800, with much of that number drawn to our major cities. As stats from Australia show that 4.5sqm of warehouse space is needed for every consumer, we still see growth in industrial footprint coming through to accommodate market and immigration growth. In New Zealand we estimate the footprint to be 8.2sqm for each consumer.

Our survey reveals that the development market remains active, delivering 137,200sqm of net additional stock over the last six months to December 2023. However, much of the development pipeline was pre-committed and there are still not a lot of speculatively developed buildings available for lease. Therefore, it is unlikely that we will see much vacant and available space coming to the market, and we are likely to see sustained low vacancy albeit balanced with some sublease footprint coming to the market. Given both high precommitment levels and potential economic headwinds in 2024, CBRE Research forecasts ‘Prime’ vacancy will increase slightly to 1.4% while ‘Secondary’ vacancy is likely to increase to 2.3% by the end of 2024.

54 | IN––––SPECT

Also, when you look at the industrial and logistics market, any onshore manufacturer or distributor will continue to require footprint, which is therefore likely to mean continued and sustained stability and growth. We are also seeing appetite and growth from occupiers outside New Zealand investigating when and where to enter the market. This demand is likely to continue at a good level. CBRE Research forecasts the average annual net absorption in the next four years will be 207,000sqm, close to the last ten years’ average of 236,000sqm.

What all this means for occupiers is four things:

1.

2.

3.

Any expectation that rentals will slide significantly is unlikely. They did not slide in postGFC times, and we don’t expect they will now. We are likely to see some stabilisation and even some face rent growth, although at a subdued level, so those waiting for things to change dramatically are unlikely to see it come to pass. CBRE Research shows rental growth over the last two years was approximately 30%. While some new or top-quality buildings can still achieve higher rent benchmarks, the remaining Prime buildings’ effective rents are likely to keep stable or experience slight drops by around 1% due to higher incentives. Secondary rents are more sensitive to economic weaknesses, indicating a less sharp but more sustained decline in Secondary rents compared to Prime rents in 2024 and 2025.

In this continuing tight market, anyone thinking about their next move needs to plan further ahead than ever. Specifically, larger footprint users should be thinking three years out. This is partly due to their need to design facilities to align with their requirements. It can take between three to 12 months and sometimes longer, to fully design how a facility should work based on occupier needs, depending on the level of complexity involved.

Part of this time is taken up by the often significant amount of work that needs to be done in network and facility design, as well as site selection, and the legals. If occupiers need a network study, our Facility Design and Supply Chain team offers this as a specialised service to ensure that each facility has the right design and in the right locations for the occupier’s network model and their operational needs.

Build periods have been pushed out and now sit between 18-24 months depending on the site and location. Pre-COVID you would have been looking at 12-18 months. There will still be examples of facilities being built at a faster pace, but 20-24 months is now the normal timeline that we are working on from an unconditional agreement to lease.

It is really important that occupiers align with and grow in locations that support multi/ intermodal infrastructure, as this is the key to resilience for many occupiers who move significant product volume.

4.

Looking at where space is coming into our market, the Puhinui Corridor has future development, with major landlords and developers such as 100 Prices Road Limited speculatively constructing two facilities that are available imminently. LOGOS is close to completion for a warehouse of approximately 22,000sqm in their Wiri Industrial Estate, and the corridor in Wiri and Auckland Airport have greenfield options of scale. More centrally we are seeing speculative brownfield redevelopments like Argosy’s Neilson Street property.

Shifting South, there are also the considerations of Drury and Waikato, where we have seen the success of the Ruakura Superhub providing large-scale solutions for core distribution centres. That location offers the fundamentals of inland port infrastructure and excellent connectivity, providing occupiers with resilience through road, rail, sea and air options.

Industrial & Logistics | 55

Grenada North

Wellington Market Rentals

A Grade $180 to $200

A, B and C-Grade space (warehouse component only)

B Grade $150 to $180

C Grade $130 to $150

Ngauranga A Grade $240 to $260

H2 2023

B Grade $215 to $240

C Grade $190 to $240

Kaiwharawhara A Grade $240 to $260

B Grade $215 to $240

C Grade $190 to $240

Miramar A Grade $190 to $220

Rongotai A Grade $190 to $220

56 | IN––––SPECT

B Grade $160 to $190

C Grade $140 to $160

B Grade $160 to $190

C Grade $140 to $160

Melling A Grade $190 to $220

B Grade $160 to $190

Taitā C Grade $140 to $160

A Grade $170 to $190

B Grade $140 to $160

C Grade $100 to $130

Petone A Grade $190 to $220

B Grade $160 to $190

C Grade $140 to $160

A Grade $190 to $220

B Grade $160 to $190

C Grade $140 to $160

Alicetown A Grade $170 to $190

B Grade $140 to $160

C Grade $100 to $130

Naenae

A Grade $160 to $180

B Grade $140 to $160

Seaview

C Grade $120 to $140

Rental in the Wellington Region is climbing steadily. This is driven by low stock, high demand and increased OPEX. Occupiers are renewing in less desirable locations due to the lack of stock across Wellington.

Industrial & Logistics | 57

Grenada North

Wellington Industrial Vacancy Statistics

3.79% Vacancy

Tawa 0.00% Vacancy

H2 2023

Ngauranga Kaiwharawhara

1.13% Vacancy

2.84% Vacancy

Miramar 0.00% Vacancy

Rongotai 6.35% Vacancy

58 | IN––––SPECT

Petone

Melling

Taitā

5.33%

0.00%

Vacancy

Vacancy

0.43% Vacancy 7.47% Vacancy

Upper Hutt 4.99% Vacancy

Alicetown

1.96% Vacancy

0.77% Vacancy

Seaview

Naenae

Vacancy rates are low across the region, with good stock being occupied long term. The market is seeing an influx of small spaces that are not usable for small to medium size industrial operations and most areas are tightly held.”

Industrial & Logistics | 59

SOLE AGENCY

Boundary lines indicative only

48A Kemp Street, Kilbirnie

Large Warehouse and Office If you are looking for your next step to grow your business, then look no further. Opportunities like this rarely become available within this proximity to Wellington’s Airport and CBD. The site has a clear span high stud 1,100sqm warehouse in a secure location along with an option to take on office space, meeting rooms and a kitchenette.

With the configuration to a commercial tenancy due to start, have your say as the incoming tenant of a property that is seldom available.

Area Type

Area Size

Warehouse

1,100sqm

Kane Kingston 022 124 7004 kane.kingston@cbre.com 60 | IN––––SPECT

www.cbre.co.nz/WGN100249

Area Type

Area Size

Warehouse

925sqm

Office

95sqm

Showroom

105sqm

39 Hutt Road, Pipitea

Warehouse, Showroom and Office

Kane Kingston

Boasting great natural light throughout, this 925sqm warehouse, close to Wellington’s CBD, port and motorways will suit a range of occupiers. The warehouse with a 6.5 metre stud height is accompanied by a 105sqm showroom accessed directly from Hutt Road, presenting opportunity for your businesses signage on a busy road. With spaces this size far and few between, this city fringe opportunity ticks all the boxes.

022 124 7004 kane.kingston@cbre.com

www.cbre.co.nz/WGN100229

Area Type

Area Size

Warehouse

475sqm

Office & Mezzanine

421sqm

Car Parks

6

67 Fitzherbert Street, Petone

Well-priced Warehouse, Office and Parking A rare find in the ever-popular Petone is this 475sqm warehouse, with reasonable asking rent for a preferred area. A well-appointed space with 111sqm of offices and a spacious lunch room, brand new heat pumps have been installed, walls are freshly plastered and painted, and tidy toilet and shower facilities.

Kane Kingston 022 124 7004 kane.kingston@cbre.com

www.cbre.co.nz/WGN100190

Industrial & Logistics | 61

Christchurch Market Rentals

Airport A Grade $135 to $140

B Grade $110 to $120

C Grade $80 to $100

A, B and C-Grade space (warehouse component only)

H2 2023

Sockburn A Grade $110 to $135

Hornby A Grade $120 to $145

B Grade $95 to $120

C Grade $80 to $100

A Grade $110 to $125

Rolleston A Grade $120 to $140

B Grade $100 to $120

C Grade $80 to $100

B Grade $95 to $120

B Grade $95 to $115

C Grade $80 to $95

B Grade $95 to $120

C Grade $85 to $100

C Grade $80 to $95

Wigram A Grade $110 to $150

Middleton 62 | IN––––SPECT

Industrial rents, particularly for prime assets, have continued to strengthen due to a very low vacancy and competition from owneroccupiers whom are competing due to lack of available stock.

Northcote A Grade $100 to $130

B Grade $90 to $115

C Grade $70 to $85

Bromley A Grade $100 to $120

B Grade $80 to $110

C Grade $65 to $85

A Grade $100 to $120

B Grade $90 to $100

C Grade $80 to $90

Woolston A Grade $115 to $135

B Grade $95 to $120

C Grade $80 to $100

Sydenham Industrial & Logistics | 63

Christchurch Industrial Vacancy Statistics

Airport 0.64% Vacancy

H2 2023

Sockburn Hornby

1.51% Vacancy

0.47% Vacancy

0.65%

Rolleston

Vacancy

0.53%

Wigram

Vacancy

0.16% Vacancy

Middleton 64 | IN––––SPECT

There has been a ‘flight to quality’ with a reduction in ‘A-Grade’ vacancy as the Christchurch industrial market continues to benefit from high demand, especially from assets at the top end of the market.

Northcote 0.48% Vacancy

Bromley

City Central

0.86%

1.50%

Vacancy

Vacancy

Sydenham 0.72% Vacancy

Waltham 3.01% Vacancy

Addington

0.15% Vacancy

Woolston

0.00% Vacancy

Industrial & Logistics | 65

Occupiers navigating their options in a tight Christchurch industrial market Tenants and owner-occupiers of industrial property in Christchurch continue to face a shortage of existing premises as well as limited options for developable land, with the market expected to remain very tight for the foreseeable future. While the resulting ‘landlord’s market’ – featuring increasing rents, longer lease terms and disappearing lease incentives – undoubtedly raises challenges for occupiers, there are still opportunities for businesses looking to move.

Limited existing space available for lease New data from CBRE Research illustrates what is already obvious to occupiers searching for industrial space in an extremely tight market - that there is very little stock available. While a significant 112,681 sqm of new industrial space was added to the market during 2023, this new space hasn’t really eased the situation for tenants.

Vacancy data shows effectively no change from the 0.8% recorded in June 2023, to the latest figure of 0.6% in December 2023.

These market dynamics have now become the status quo, following the very high level of leasing activity in the industrial market in the last six months of 2023. During

66 | IN––––SPECT

that period, gross absorption was around 245,000 sqm across Christchurch’s industrial precincts, higher than the level recorded during H1 2023 (circa 164,000 sqm).

Unsurprisingly, the result of the severe shortage of available industrial premises is strong rent increases, with average prime net effective rents reaching a record high of $136 per square metre in December 2023, up 1.0% compared with three months earlier.

Land availability The supply of vacant industrial land for owner occupiers and developers in Christchurch is now at an all-time low. The rezoning of more land to accommodate future industrial subdivisions would ease the pressure on the market; however, there is currently limited clarity around where or when the next significant industrial rezoning will occur.

Coupled with strong demand, the shortage of land has resulted in prices remaining high, despite challenging external economic factors. Recent sales of smaller-sized vacant industrial land lots in Hornby show prices are now well above $400 per square metre on average for smaller lots, with smaller sites in Wigram exceeding $500 per square metre.

Ngāi Tahu’s Kairua industrial subdivision on Wilmers Road in Hornby, which is now sold out, has achieved particularly strong sale values, with seven lots in the development selling for over $450 per square metre between July

Hamish Clarke Director, Christchurch

Scott Bentley Associate Director

Nathan O’Neill Associate Director

Brigit Hamilton Negotiator

Jorge Chang Urrea Research Manager

2022 and February 2023. These smaller-sized lots (under 1,500sqm) attracted both developers and owneroccupiers who had been actively searching for suitable properties for some time.

mean the CBRE team is constantly up to date and well informed of any upcoming expiries. This enables us to contact those tenants whom we know are actively looking for space and match them with suitable premises.

Relationships, flexibility and advance planning the key advantages

Tenants who are able to take a flexible approach to their property needs may also have an advantage in finding a solution in the current tight market. This could involve considering alternative locations and property sizes, or subleasing.

The scarcity of land and building stock pose considerable challenges for businesses looking to expand their operations or establish a presence in Christchurch. The situation is essentially the same across all size ranges of both vacant land and existing space, with large and small occupiers equally feeling the squeeze.

The costs and business interruption associated with relocation make any such decision a critical one. Some businesses are closely monitoring their expenditure and many are deferring their decisions to relocate until more clarity emerges around the economic outlook and the impact of the upcoming election.

For others with more immediate requirements, we recommend keeping in regular contact with our team, who actively maintain strong relationships and frequent communication with owners of industrial property in Christchurch. This gives tenants access to upcoming leasing opportunities well in advance of space being offered to the open market.

In all cases, we are advising occupiers to consider their property requirements well into the future, which will place them in the best position to be able to secure property to meet their upcoming needs.

For landlords who are towards the end of their lease cycle and considering selling their properties, the owner-occupier sector provides a healthy buyer market.

Many businesses are looking to secure the advantage of acquiring property to enable future business growth.

Our team is able to leverage CBRE’s wide-ranging relationships within the market to pair owner-occupiers with landlords looking to divest assets.

While there is currently more demand for premises than available stock, our strong relationships with landlords

Industrial & Logistics | 67

Boundary lines indicative only

652 Halswell Junction Road, Hornby

A-Grade Warehouse in Prime Location CBRE is pleased to market Unit 1 and Unit 2, 652 Halswell Junction Road, Hornby for lease.

The property offers a modern warehouse, accessible through two 5.4m high roller doors, under the protection of a canopy. The warehouse has sprinklers and a stud height of 8m at the knee, rising to 9.7m at the apex. The adjoining warehouses include modern offices with amenities including open-plan, glasspartitioned offices and showers. The building is supported by dual entrances on both sides.

This is a prime warehousing opportunity, located in the industrial precinct of Hornby. The Southern Motorway is a two-minute drive, allowing for direct access to the Lyttleton Port and State Highway 1 to the South of Christchurch. The arterial routes leading to the north of the city are equally close, allowing all-round connectivity.

www.cbre.co.nz/CCH100349 68 | IN––––SPECT

Area Type

Area Size

Warehouse

3,611sqm

Office & Amenities

548sqm

Canopies

528sqm

Car Parks

26

Sprinklered warehouse

Eight metre stud height

Dual entrance to the yard

Nathan O’Neill

Scott Bentley

021 288 2707 nathan.o’neill@cbre.co.nz

027 203 3310 scott.bentley@cbre.co.nz

Boundary lines indicative only

17 Halwyn Drive, Hei Hei

Boundary lines indicative only

Distribution Facility Close to SH1 CBRE, as sole agents, is pleased to market 17 Halwyn Drive, Hei Hei, Christchurch for lease.

This quality storage and distribution facility offers single-level offices with good-quality amenities, a mezzanine and an excellent high stud warehouse with a secure yard.

Situated in a desirable location on Halwyn Drive, between Carmen Road (SH1) and Waterloo Road positions you between the airport and Hornby, Christchurch.

Scott Bentley

Nathan O’Neill

027 203 3310 scott.bentley@cbre.co.nz

021 288 2707 nathan.o’neill@cbre.co.nz

Area Type

Area Size

Warehouse

1,190sqm

Office

256.1sqm

Mezzanine

86.6sqm

Canopy

254.5sqm

www.cbre.co.nz/CCH100370 Industrial & Logistics | 69

Boundary lines indicative only

8 Iversen Terrace, Waltham

Area Type

Area Size

Newly Refurbished Warehouse

Warehouse

1,357sqm

Having recently undergone a major refurbishment, this property now awaits a new tenant. Positioned at the southeastern end of the city fringe, this property offers easy access to the CBD and Brougham Street, through to the Port and Christchurch’s Southern Motorway. Mezzanine can be removed.

Office

160sqm

Car Parks

18

Nathan O’Neill 021 288 2707 nathan.o’neill@cbre.co.nz

www.cbre.co.nz/CCH100069

Building 2, 25 Link Drive, Rolleston

Bulk Store Warehouse Building 2 is a purpose-built bulk storage facility, with loadbearing walls suitable for fertiliser, grain, sand, or other bulk materials as well as overflow warehousing. The warehouse offers a knee height of 9m, ideal for tipping offloads inside the building.

The 8m wide x 6m high large sliding doors provide excellent truck access.

Area Size

Warehouse

2,741.5sqm

Car Parks

26

Scott Bentley 027 203 3310 scott.bentley@cbre.co.nz

www.cbre.co.nz/CCH100428

Boundary lines indicative only

70 | IN––––SPECT

Area Type

Boundary lines indicative only

4/21 Michelle Road, Wigram

High-quality Unit in Wigram This well-configured industrial property is situated on the corner of Parkhouse Road and Michelle Road, providing easy access to major transport routes and a range of local amenities.

The warehouse includes a container-height roller door for easy vehicle access and there are two offices with double glazing, a showroom, a bathroom with a shower, and two heat pumps.

Area Type

Area Size

Warehouse

130.8sqm

Office

49.4sqm

Showroom

59sqm

Car Parks

4

Brigit Hamilton 021 353 341 brigit.hamilton@cbre.co.nz

www.cbre.co.nz/CCH100444 Industrial & Logistics | 71

Boundary lines indicative only

392 Saint Asaph Street, Phillipstown

Central City Warehouse and Office This well-located and versatile warehouse/office space is situated just off Fitzgerald Ave, providing easy access in and around the city. The 412sqm warehouse boasts two roller doors that allow for seamless loading and unloading. The clear-span warehouse provides ample space to accommodate a variety of uses as well as a modern 142sqm office.

www.cbre.co.nz/CCH100429

Area Type

Area Size

Warehouse

412sqm

Office

142sqm

Paul Brown

Brigit Hamilton

021 386 069 paul.brown@cbre.co.nz

021 353 341 brigit.hamilton@cbre.co.nz

Building B, 23 Broughs Road, Harewood

Industrial Facility Close to Airport There is a lot to like about this property. There is a large main office area on the ground floor with operational offices, a café and amenities. The mezzanine includes offices and storage and there is a good-sized workshop with a service pit, paint bay, engineering workshop, wash pad and a secure unsealed yard.

Area Type

Area Size

Workshop

1,331sqm

Office

246sqm

Yard

1,922sqm

Car Parks

22

Scott Bentley 027 203 3310 scott.bentley@cbre.co.nz 72 | IN––––SPECT

www.cbre.co.nz/CCH100387

the contractor shall verify all dimensions on site before commencing work. Written dimensions are to take priority over scaled dimensions. All plans are to be read in conjunction with the specification and engineer's details if applicable.

All work to be carries out in accordance with the NZBC, NZ3604, other relevant NZ standards, local authoity bylaws & manufacturers details/instructions.

Confirm all material selections & alternative products with owner/architect before construction.

This drawing is copyright. Under no circumstances may this drawing be reproduced in any form without the written permission of Walker Architecture

INDUSTRIAL DEVELOPMENT for

MONCUR HOLDNGS LIMITED

57 Hands Road, Middleton

57 HANDS ROAD CHRISTCHURCH

Project No. 22.1260

Six New Units to be Constructed These well-located units in Middleton are the perfect size for tradesmen, looking for a convenient space to work. Whether you require a small workshop or a larger unit, the landlord can tailor to fit your specific requirements. Each unit comes with allocated car parks.

RevID 03

Transmittal Set Name CONCEPT ISSUE 03

Date 28/02/2024

138 Bristol Street, Merivale, C

NOTES: the contractor s commencing work scaled dimensions. the specification an

All work to be carr other relevant N manufacturers deta

Confirm all materia owner/architect be

This drawing is co drawing be repro permission of Walke

INDUSTR drawing status:

CONCEPT ISSUE

drawing title:

M

AERIAL PERSPECTIVE 2

layout number:

A8.02

P

Area Type

Area Size

Warehouse

205sqm

Office

38sqm

Canopy

28sqm

E:\22.1260 - Hands Road\ArchiCAD Drawings\22.1260 57 Hands Road 240223.pln

date printed: drawn:

29/02/2024

scale:

Rev. 1:2.0833 @A1

03

RevID 03

Transmittal Set Na CONCEPT ISSUE

drawing status:

drawing title:

Hamish Clarke 021 960 655 hamish.clarke@cbre.co.nz

layout number:

date printed:

www.cbre.co.nz

drawn:

E:\22.1260 - Hands Road\ArchiCAD Drawings\22.1260 57 Hands Road 240223.pln

13A George Bellew Road, Yaldhurst

New Distribution Facility at Dakota Park Set for completion in 2025, this fantastic new build will suit any large distribution business wanting to be located close to Christchurch Airport. This building will offer a large wide span warehouse building with breezeway and a functional efficient office and amenities. Early engagement will allow the building to be tailored to individual requirements.

Area Type

Area Size

Warehouse

6,467sqm

Office

220sqm

Canopy

955sqm

Car parks

33

Hamish Clarke 021 960 655 hamish.clarke@cbre.co.nz www.cbre.co.nz Industrial & Logistics | 73

29/0

Can’t find a property that meets your requirements ?

CBRE experts act on behalf of tenants for all their industrial and logistics property requirements throughout New Zealand.

We use our deep relationships with landlords to provide access to the right space and properties, negotiate in your best interests to secure favourable lease terms, and create efficiencies and value that delivers results for your business.

Take the first step to finding your ideal space by contacting CBRE’s Industrial & Logistics team today.

Contact one of our specialists Auckland

Claus Brewer

Alex Divers

Alex Hopkinson

Lewis Watson

Paul Steele

Henry Smit

National Director New Zealand 021 656 650

Director Airport/Māngere 021 715 385

Director Penrose/Onehunga 021 071 5244

Director East Tāmaki 021 845 484

Director Wiri/South Auckland 021 494 111

Senior Negotiator Penrose/Onehunga 027 881 3462

Kate van der Zeyden

Nick Tyler

Sam Jeffries

Vinay Patel

Hetu Shah

Luke Goldstone

Senior Negotiator Occupier 021 295 2171

Senior Negotiator Mt Wellington/Ōtāhuhu 021 341 223

Senior Negotiator East Tāmaki 021 334 794

Senior Negotiator Wiri/South Auckland 021 382 525

Negotiator Airport/Māngere 021 800 538

Negotiator West Auckland 021 147 7400

Poppy McKay

Jasmine Reynolds

Emma Groom

Agency Team Coordinator

Agency Team Coordinator

National Marketing Executive

Wellington

Christchurch

Kane Kingston

Hamish Clarke

Scott Bentley

Nathan O’Neill

Brigit Hamilton

Ruby Bain

Negotiator Wellington 022 124 7004

Director Airport 021 960 655

Associate Director Rolleston/Bromley 027 203 3310

Associate Director Wigram 021 288 2707

Negotiator Sydenham/Ferrymead 021 353 341

Senior Agency Team Coordinator

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.

All measurements throughout this publication are approximate, interested parties should undertake the required due diligence.