Two new major industrial property deals have cemented the Port of Brisbane’s reputation as the place to do business in south-east Queensland.
Port of Brisbane Pty Ltd CEO Roy Cummins said the two new deals, signed separately with Steelforce and Queensland Glass, showed that Port of Brisbane’s newest industrial precinct, Port West, was no longer SEQ commercial property’s ‘best kept secret’.
Steelforce has taken a 36,000sqm site at 7 Radar St with plans for a 15,000sqm warehouse along with 1,000sqm of office space which will form an entry statement for the estate. The commitment followed an exhaustive 12-month search handled by Anthony White and Simon Beirne from Colliers International. Queensland Glass has also signed terms to take on a 15,400sqm site at 8 Radar St with plans for a 7,000m2 manufacturing and assembly plant, and 600m2 office in a deal struck by CBRE’s Chris Davis.
Both facilities will be delivered by the Port of Brisbane.
“The secret is out, and we expect competition for prime industrial property sites at Port West to heat up in the coming months,” Mr Cummins said.
“We are delighted to welcome Queensland Glass and Steelforce to the Port of Brisbane. These are two well-regarded, cutting edge businesses.
“These partnerships are a real credit to the collaborative efforts of Queensland Glass and Steelforce, the agents involved and Port of Brisbane’s own highly professional Property team.
“All parties worked together to identify the best sites and the best designs for their new facilities and their offices to help these businesses invest and grow into the future.
“No doubt a key selling point for both transactions was the significant logistical benefits all businesses can gain by being in close proximity to the world-class supply chain infrastructure we have at the Port.
“New partnerships with businesses such as Steelforce and Queensland Glass are further examples of the Port of Brisbane’s ‘customer-first mantra’ – a big reason why we’ve been named the 2017 Australian Port of the Year, and a National Exemplar for Customer Stewardship by The University of Sydney.
“The Port of Brisbane isn’t just a world-class Port, it’s a world-class supply chain enabler and property developer, and we look forward to working with more businesses and creating more partnerships into the future.”
Please see quotes for attribution from all parties:
“We undertook an extensive review of the entire market and eventually narrowed in on the Port precinct” said Steelforce CEO Rod Corkill.
“Our move will impact favourably for both our staff and our customers, with a more efficient footprint, better amenities and increased capacity to handle anticipated higher demand.”
Queensland Glass’s Managing Director Nigel Mills said most of its materials are imported in containers through the Port of Brisbane so a warehouse located close to the wharf made perfect sense.
“Over the coming years, we expect to see significant logistics cost savings and this, along with a purpose designed and built facility, was a major attraction,” Mr Mills said.
“PBPL was able to deliver us a design which matched our growing business’ needs.
“The team’s customer centric and professional manner along with a willingness to accommodate our design changes made Port of Brisbane easy to work with.”
CBRE’s Chris Davis said: “Location, flexible design and surrounding infrastructure were key drivers for Queensland Glass securing the Port West site.”
“With immediate motorway access and close proximity to major projects in South Easy Queensland, the Port’s flexible approach throughout the process resulted in the most efficient footprint for Queensland Glass’ long term business requirements.”