This article is from the Australian Property Journal archive
BDynamic Logistics has secured 21,535sqm of space at Mirvac’s $660 million Aspect Industrial Estate, in the first speculative development to be leased in the Mamre Road Precinct.
The 20,700sqm state-of-the-art distribution centre at Warehouse 3, 804-882 Mamre Road in Kemps Creek, around 39km west of the Sydney CBD, includes six recessed docks, 11 on-grade roller doors and 700sqm of office space with end of trip facilities and an outdoor area.
John Micallef, Todd Grima, Moshe Greengarten, and Cameron Grier of CBRE managed the seven-year leasing deal for the facility.
“The warehouse offers unparalleled logistics capabilities, making it an ideal choice for BDynamic Logistics. Its superior quality and prime location, makes it perfectly positioned to enhance BDynamic’s service capabilities as they expand their operations in Sydney,” said Micallef.
The speculative space also includes a 100sqm dock office, a 38-metre hardstand, 15 metre cantilevered awning and eight tonne internal slab.
The facility will also be also carbon neutral with embodied carbon, targeting a 5 Star Greenstar rating, 200kW of rooftop solar, an environmental monitoring system, electrical vehicle charging stations, rainwater reuse and LED lighting throughout.
The broader Aspect Industrial Estate spans 56-hectares with direct frontage to Mamre Road, which itself will benefit from a planned $1 billion in upgrades.
The estate sits within close proximity to the new Western Sydney Airport at Badgerys Creek, is less than 10 mins from the M7 motorway, 20km to Penrith and under an hour away from Parramatta and the Sydney CBD.
The Mamre Road precinct was successfully rezoned in June 2020, as part of the second Tranche of NSW Planning Acceleration Protocol.
With the State Significant Development Application (SSD) was approved back in June 2022, construction commenced at the estate back in the first half in 2023, with Mirvac and Australian Retirement Trust (ART) reaching practical completion on the first warehouse back in March.
Despite quality stock remaining limited, Australia’s industrial market boom is coming to an end with vacancies stabilising and rental growth slows across the three largest core markets.
