Melbourne, 8 September 2014 – Freight giant TNT Australia has committed to lease a major transport depot and new headquarters in Melbourne’s Airport Business Park as part of a strategy to create ‘super hubs’ around the country.
CBRE negotiated the 121,000sqm lease, which will amalgamate three existing TNT sites in Campbellfield, Laverton and Tullamarine.
CBRE Senior Director, Industrial & Logistics Services, Dean Hunt said the 15-year deal with Melbourne Airport represented one of the largest pre-lease commitments in Victoria this year.
The new facility will serve as a super transport depot and will accommodate TNT’s priority, road and international business.
TNT utilised CBRE's Priority Space Sourcing (PSS) program to plan, investigate and seek proposals for its new Melbourne site.
The facility will include a high clearance warehouse with internal docking systems. It has been designed to integrate with a state-of-the-art sortation system capable of extending three levels high.
TNT Australia Regional Director, Southern Region, Rod Barnes, said the new facility is a significant investment in the local area and will enable TNT to provide its customers with the level of service they demand.
“The new depot is part of TNT’s broader investment in its operations around Australia, including the creation of new ‘super hubs’ in Brisbane and Sydney, also due for completion during 2015/2016, that complement those in other locations which have been upgraded in recent years,” said Mr Barnes.
Mr Barnes added, “CBRE and TNT strategically selected the site due to the close proximity to the airport and major arterial roads – and by consolidating our Road, International and Priority services into this one super hub, it gives our customers greater access to a more efficient and connected global TNT network.”
Located on the corner of South Centre Road and Link Road, the property will feature large external aprons supported by canopies for loading and unloading. TNT’s Victorian head office will also be located on site, incorporating 2,000sqm of space, which will be separated from the warehouse component along with staff parking for occupational health and safety benefits.
“Melbourne Airport is undergoing a transformation with some major infrastructure being implemented in the Business Park. It’s confirming the Park’s reputation as one of the leading business estates in Victoria,” Mr Hunt said.
“The extension of Airport Drive from Sharps Road through to the airport, feeding directly from the Western Ring Road, as well as the realignment of the Link Road is allowing for the continued development of Melbourne Airport’s Cargo Estate. This has provided the benefit of direct airside access and has helped spur recent tenancy commitments from major corporations.
In addition to TNT, CBRE has recently negotiated two other pre-commitments at Melbourne Airport Business Park involving a five-year lease to Nippon Express for a 4,000sqm facility and a five-year lease to World Courier for a facility of 3,000sqm. Both deals were negotiated by Lindsay Davidson and Matt Sampson of CBRE Industrial & Logistics Services.
CBRE Research Manager Mark Lafferty said the broader Melbourne Airport precinct had been one of Melbourne’s most active markets, with in excess of 120,000sqm of industrial lease commitments in the past 12 months.
“The success of the Melbourne Airport precinct can be attributed to a number of occupier benefits, with the area drawing tenant interest from the city’s western and northern industrial precinct,” Mr Lafferty said.
“The surrounding infrastructure, including access to the Tullamarine, Calder and Ring Road freeways, provides outstanding access and more flexibility than many other competing markets.”
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