Inspect | Issue #1 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

04 12 54 60 66 68

Raising the standard at Hautapu

Auckland Property Options Snapshot

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

Wellington Property Options Snapshot

Occupiers navigating their options in a tight Christchurch industrial market

Christchurch Property Options Snapshot

...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...

Letter from the Editor

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

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

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

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.

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.”

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.”

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.

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

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.”

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

Wairau

Mt Wellington

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

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

021 800 538

hetu.shah@cbre.co.nz

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

www.cbre.co.nz/SAK100500

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.

Canopy 476sqm

Yard 800sqm

Car Parks 18

Hetu Shah

021 800 538

www.cbre.co.nz/SAK100563

hetu.shah@cbre.co.nz

Alex Divers 021 715 385

alex.divers@cbre.co.nz

80A Richard Pearse Drive, Airport

91B Richard Pearse Drive, Airport

SOLE AGENCY

JOINT SOLE AGENCY

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.

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.

27 Verissimo Drive, Airport

www.cbre.co.nz/SAK100553

1

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.

Car Parks

Alex Divers

Claus Brewer

021 656

Te Kapua Drive, Airport

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.

021 147 7400

luke.goldstone@cbre.co.nz

460 Rosebank Road, Avondale

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.

Sam Jeffries

021 334 794

sam.jeffries@cbre.co.nz

Lewis Watson 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

Car Parks 12

Sam Jeffries

021 334 794

sam.jeffries@cbre.co.nz

Lewis Watson 021 845 484

lewis.watson@cbre.co.nz

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.

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

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

Sam Jeffries

021 334 794

sam.jeffries@cbre.co.nz

C5/27 Smales Road, 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.

Ron Driver Place, East Tāmaki

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.

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

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

www.cbre.co.nz

Car Parks 178

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

Artist’s

Artist’s impression

45 Cryers Road, East Tāmaki

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.

Lewis Watson 021 845 484

lewis.watson@cbre.co.nz

Claus Brewer 021 656 650

claus.brewer@cbre.co.nz

www.cbre.co.nz/SAK100529

Sealed Secure Yard

8B Bostock Place, East Tāmaki

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

Lewis Watson 021 845 484

lewis.watson@cbre.co.nz

Sam Jeffries 021 334 794

sam.jeffries@cbre.co.nz

SOLE AGENCY

Car Parks 15

Sam Jeffries

021 334 794

sam.jeffries@cbre.co.nz

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

Sam Jeffries

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.

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.

Lewis Watson 021 845 484

lewis.watson@cbre.co.nz

Car Parks 15

www.cbre.co.nz/SAK100540

High Quality Warehouse Space

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

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.

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.

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

Sam Jeffries

021 334 794

sam.jeffries@cbre.co.nz www.cbre.co.nz

18 Business Parade North, 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.

Sir Woolf Fisher Drive,

Tāmaki

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.

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

Claus Brewer

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

Kate van der Zeyden

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

www.cbre.co.nz/SAK100401

Design and Build Options

Enquire for more information

Ruakura Superhub, Hamilton

Artist’s impression

Te Ipukura Warehouse Units

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 C: Design and Build

Option B: Yard Space

Artist’s impression

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.

Canopy 688sqm

Enclosed Canopy 1,441sqm

Luke Goldstone 021 147 7400

luke.goldstone@cbre.co.nz

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

www.cbre.co.nz/SAK100386

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

34 Cartwright Road, Kelston

LEASED

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.

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.

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.

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

Alex Hopkinson 021 071 5244

alex.hopkinson@cbre.co.nz

60 Roma Road Mount Roskill

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

Pre-Eminent Warehouse

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.

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

021 341 223

nick.tyler@cbre.co.nz

Claus Brewer

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

Alex Hopkinson

021 071 5244

alex.hopkinson@cbre.co.nz

www.cbre.co.nz/SAK100560

Strategically Located Warehouse

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

021 341 223

nick.tyler@cbre.co.nz

41-37 Carbine Road, Mount Wellington www.cbre.co.nz/SAK100554

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

Boundary lines indicative only Container-friendly yard 63 on-site car parks

Prime central location in an industrial hub Three roller doors Located only 9km from Auckland’s CBD

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.

77D Carbine Road, 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

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

021 341 223

nick.tyler@cbre.co.nz

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

www.cbre.co.nz/SAK100456

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

Drive around yard and two drive through canopies

Flexible leasing from 3,000 - 11,019sqm

Car parking available

Generous 8,500sqm yard

Close proximity to motorways and amenity

Five Warehouses Ranging from 3,000sqm to 17,000sqm

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.

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

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

www.cbre.co.nz/SAK100421

to split

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

Mount Richmond Industrial, Mount Wellington

Artist’s impression

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

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

Solar panels

EV chargers installed, ability to add truck chargers

Rainwater harvesting and low-consumption water fittings throughout

Low carbon design materials and manufacturing processes

Sylvia Park Shopping Centre

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

Alex Hopkinson 021 071 5244

alex.hopkinson@cbre.co.nz

Henry Smit 027 8813 462

henry.smit@cbre.co.nz

4 Henderson Place, 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.

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.

224 Neilson St

Neilson Street

SH20

SH1

Onehunga Mall

Church Road

224 Neilson Street, Onehunga

Artist’s impression

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

Building 9, 1-9 Manu Street Ōtāhuhu

Boundary lines indicative only

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.

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

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

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

Alex Divers

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

Design and build packages available

High stud warehouse – 12.5m to the knee

Targeted 5 Green Star rated development

Artist’s impression

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

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

Henry Smit

027 8813 462

henry.smit@cbre.co.nz

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

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

www.cbre.co.nz

Henry Smit

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

www.cbre.co.nz/SAK100513

4 Autumn Place, Penrose

17 Botha Road, Penrose

8,100sqm Brand New Warehouse

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.

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

Building 1, 69 McLaughlins, Wiri

Artist’s impression

1,452sqm

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.

Rare 10,475sqm Wiri Offering

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

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

www.cbre.co.nz/SAK100558

86B Plunket Avenue, Wiri

Designated truck access Drive through capabilities

Fully fenced and secured site

Sought-after warehouse to office ratio

Modern office space

Location, Flexibility and Design

Wiri Logistics Estate, Wiri

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

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

www.cbre.co.nz/SAK100559

Flexible development opportunities

Efficient estate layout and circulation

Close proximity to main arterial routes

Flexibility to accommodate users up to 80,000sqm

Distribution Epicentre

Main Trunk Line

South-Western Motorway

Roscommon Road

Orora Group

Wiri Station Road

Inland Port

Wiri Logistics Estate

Fuso

LANGLEY ROAD

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

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

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

70A Plunket Avenue, Wiri

6,762sqm

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.

212C Cavendish Drive, Wiri

Boundary lines indicative only

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

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.

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.

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.

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.

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.

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.

Claus Brewer National Director, Industrial & Logistics

Zoltan Moricz Executive Director of Research

What all

this

means for occupiers is four things:

1.

2.

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.

3.

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.

4.

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.

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.

Taitā Melling

Petone

Alicetown

Naenae

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.

Wellington Industrial Vacancy Statistics

Taitā

Naenae

Upper Hutt

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.”

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.

48A Kemp Street, Kilbirnie

Boundary lines indicative only

Warehouse, Showroom and Office

Kane Kingston

022 124 7004

kane.kingston@cbre.com

Kane Kingston

022 124 7004

kane.kingston@cbre.com

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.

www.cbre.co.nz/WGN100229

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.

www.cbre.co.nz/WGN100190

39 Hutt Road, Pipitea

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.

Bromley

Woolston

Sydenham

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.

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

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

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.

Relationships, flexibility and advance planning the key advantages

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.

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

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.

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.

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.

Nathan O’Neill Associate Director

Brigit Hamilton Negotiator

Hamish Clarke Director, Christchurch

Scott Bentley Associate Director

Jorge Chang Urrea Research Manager

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.

warehouse

Eight metre stud height

Dual entrance to the yard

652 Halswell Junction Road, Hornby

Boundary lines indicative only

Sprinklered

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.

17 Halwyn Drive, Hei Hei

Boundary lines indicative only

Boundary lines indicative only

8 Iversen Terrace, Waltham

Newly Refurbished Warehouse

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.

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.

www.cbre.co.nz/CCH100428

Nathan O’Neill

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

Scott Bentley

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

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.

4/21 Michelle Road, Wigram

Boundary lines indicative only

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.

Paul Brown

Brigit Hamilton

021 353 341 brigit.hamilton@cbre.co.nz www.cbre.co.nz/CCH100429

021 386 069 paul.brown@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.

Scott Bentley

027 203 3310

scott.bentley@cbre.co.nz

www.cbre.co.nz/CCH100387

Six New Units to be Constructed

Hamish Clarke

021 960 655 hamish.clarke@cbre.co.nz 57 Hands

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.

www.cbre.co.nz

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.

Hamish Clarke

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

www.cbre.co.nz

13A George Bellew Road, Yaldhurst

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.