Allied Seafreight and General Distribution will consolidate its two western Melbourne sites within a Logos Group-owned facility in Altona North.
The family-owned transport and logistics company has signed a 10-year lease for 27-43 Toll Drive.
The 4.88ha site features a 16,229sqm warehouse and office building, while a further 5,000sqm of container-rated hardstand will be developed on the site by Texco Construction.
The move brings Allied Seafreight’s operations under one roof, from two separate properties in Laverton North, and provides the scope for future growth.
CBRE’s Harry Kalaitzis, Tom Hayes and Todd Grima represented Logos Property, while Tony Tripodi worked with Allied Seafreight and General Distribution.
“The property’s location appealed to Allied, along with the fact it offers the key characteristics of a traditional transport facility rather than a 3PL warehouse,” Mr Kalaitzis said.
“Altona North represents an ideal location for transport occupiers due to its proximity to key infrastructure such as Port Melbourne, the CBD and Airport.
“It also provides exceptional access to Melbourne’s major road networks including the West Gate Freeway, Western Ring Road and Princes Freeway.”
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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
