This article is from the Australian Property Journal archive
THE $350 million, 90ha Metroplex Westgate business park in Brisbane’s south-west has landed a trifecta of three new tenants.
The three leases are for spaces within the first stage of the Wacol-based development, Metroplex South, which has a $7 million civil works program underway.
Building products manufacturer ARDEX Australia has leased a 1.1ha lot in the precinct. Pallet pooling provider Loscam, which has a presence in 11 countries in the Asia Pacific, has taken a 2.3ha lot, whilst fuel retailer Puma Energy will take up a 1.37ha corner site.
The new tenants join Volvo in the business park, which has announced that it will use its space there for its new Australian headquarters.
Metroplex Westgate, a joint venture between GPT Group and local developer Metroplex, will include up to 250,000sqm of industrial space and 50,000sqm of commercial and retail space once complete.
It is being marketed by Cushman & Wakefield and JLL.
Cushman & Wakefield agent Corey Bott said there are lots remaining in Metroplex South, ranging from around 3,000sqm to 1.7has, with options to subdivide or amalgamate depending on purchaser requirements.
JLL agent Gary Hyland said Volvo is expected to open its new headquarters and dealership in 2017, with the new occupants ARDEX, Loscam and Puma Energy to open in early 2017.
Australian Property Journal
