NAPA Auto Parts will open its newest branch in Brisbane’s Coopers Plains – the largest automotive aftermarket parts location in the Asia Pacific region.
Located at Arcadia Industrial Estate, 836 Boundary Road, the 2,838sqm industrial office/warehouse facility will be a destination for specialist automotive aftermarket parts, servicing trade, industrial and mining specialists in South East Queensland.
The facility, which will carry more than 25,000 product lines, is scheduled to open mid-August 2020.
CBRE’s Jack Hardy and Sam MacGregor negotiated the five-year lease on behalf of lessor, Goodman Group.
Mr Hardy said the property’s position in one of Brisbane’s most prominent industrial locations was a key factor underpinning the transaction.
“NAPA was drawn to the central southern industrial corridor of Brisbane given the dense automotive offerings that the Coopers Plains – Archerfield precinct offers. Additionally, the property is highly accessible from all-over South-East Queensland, with major arterial roads such as Beaudesert Road, Ipswich Road and the M1 within close proximity to Arcadia Industrial Estate,” Mr Hardy said.
Goodman Property Group’s Frank Tsikrikos commented: “The new NAPA Auto Parts branch in Coopers Plains will bring a new level of service to the industry, customer experience and extended product range.”
NAPA Auto Parts has more than 6,000 branches worldwide, with the new NAPA Auto Parts Coopers Plains centre marking the 20th Australian location and seventh in Queensland.
About CBRE Group, Inc.
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.
