Melbourne-based freight management company has cemented its presence in the Truganina industrial market, after securing a new purpose-built facility in the area.
Wheadons Freight Management & ERH Refrigerated Transport has signed a 10-year lease on the purpose built truck depot at 34-36 Banfield Court. The rental is $450,000 per annum net plus GST.
The 5,500sqm facility features a dual workshop with service pits, a large high clearance warehouse accessed by six recessed loading docks, five on grade roller doors and state of the art offices.
Relocating from its 2,000sqm building in Ajax Road, Altona, Wheadons Freight Management & ERH Refrigerated Transport also purchased the adjoining 12,100sqm block of land for additional truck parking.
CBRE’s Associate Director Todd Grima, who negotiated the deal, said: “Wheadons Freight Management & ERH Refrigerated Transport required a much larger depot to allow for their rapid growth and expansion plans.
“The new purpose built facility, built by Pelligra Group, is designed specifically around the tenant’s operations,” Mr Grima said.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), 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 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 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.
