Staying competitive in a rapidly changing retail market is placing demands on retailers to provide fast fulfilment and delivery to their customers, without increasing their costs.
With an increased focus on distribution, retailers are looking to lease fit-for-purpose premises that allow them to be nimble and deliver goods to their stores, one of the key end distribution points for most retailers with the rise of click and collect, and direct to customers faster and more efficiently.
As retailers adopt multi-channel strategies to meet changing shopper behaviour, Stockland is investing in innovative and flexible logistics and business parks strategically located in and around major Australia cities. Logistic facilities close to people allow ‘last-mile delivery’ to work as seamlessly as possible.
For many tenants, access to major roadways is a priority as it allows the quick delivery of goods to customers and businesses without the higher rent of the inner ring industrial precincts. New infrastructure investment, particularly in Sydney, is expected to reduce transport time on the roads.
Tony D’Addona, General Manager Logistics and Business Parks at Stockland, says, “logistics is at the heart of multi-channel retail and Stockland manages a Logistics and Business Parks business valued at $2.3 billion making up one quarter of the commercial property portfolio and 15% of the company portfolio.”
Against the backdrop of high demand for logistics sites in Sydney, Stockland is redeveloping Ingleburn Logistics Park, which will be a modern, functional and adaptable industrial infrastructure to accommodate future Sydney growth and the changing requirements of our tenants.
Strategically located in Sydney’s southwest corridor, Ingleburn Logistics Park is approximately 44 kilometres from the Sydney CBD and has immediate access to key motorways.
The first stage of the 28-hectare logistics site is complete, with a high-clearance 29,050 square metre office and warehouse leased to Next Logistics and TIFS.
The second stage comprising two new warehouse buildings across seven hectares with a total floor space of 36,850 square metres is expected to be completed by July. The state of the art buildings will offer flexible design for new tenants and be able to be customised to suit operational requirements.
Stockland also plans to complete a third stage across 15.5 hectares of land in 2024, currently leased to Autocare Services. To discuss your national warehouse requirements, please contact Tony D’Addona on 0413 808 526 or email firstname.lastname@example.org.