Sydney

Forrester Distribution Centre a Shaw thing

An expanding Shaw Fabrics is the first new tenant to secure space in the 60,502sqm Forrester Distribution Centre in St Marys.

19 May 2020

An expanding Shaw Fabrics is the first new tenant to secure space in the 60,502sqm Forrester Distribution Centre in St Marys.

The Stockland-owned facility at 40–88 Forrester Road was the home of O-l Glass.

Window-blind material manufacturer Shaw Fabrics has moved into a 5,540sqm space in one of the three buildings, for a net rent of $105/sqm +GST.

A five-year lease accompanies the firm’s existing, 11,000sqm building in St Marys.

Forrester Distribution Centre’s remaining 54,962sqm represents one of the largest A-grade industrial vacancies in Sydney this year, with CBRE’s Cameron Grier, Moshe Greengarten and John Micallef the leasing agents.

The 12ha site occupies a prime location near the St Marys town centre and train station, M4 and M7 motorways, Great Western Highway and backing onto the proposed St Marys Intermodal freight terminal.

It is also within range of key industrial and commercial estates at Eastern Creek, Erskine Park, Wetherill Park, Arndell Park and Marsden Park, and 16km from Sydney’s future second airport.

“With limited stock in core markets such as Eastern Creek, we are seeing significant interest in Forrester Distribution Centre due to the cost-effective nature of the A-grade space,” Mr Micallef said.

“There is significant flexibility in the configuration of the warehouses, and options from 5,000sqm to 55,000sqm can be available by October this year.”

Shaw Fabrics has moved into Building A at Forrester Distribution Centre, a 24,450sqm warehouse, with Buildings B and C offering 24,116sqm and 11,935sqm respectively.

All feature full drive-around access, internal clearance of up to 11.2m and multiple roller doors and dock levellers.

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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.

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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of 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 https://www.cbre.com.