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Qube secures Target Australia for Moorebank Logistics Park

Qube Holdings has announced that it has reached an agreement to develop major new warehousing at Moorebank Logistics Park for Target Australia.
Through the agreement, Qube will develop 37,860m2 of warehouse and office facilities for an initial lease term of 10 years.
Due for completion in early 2019, the facilities will be among the first purpose-built operations within Moorebank Logistics Park, alongside the new, dedicated freight rail terminal.
Target Australia will be investing in the latest technology scanning and sortation systems at the facility, Qube explained in a statement. Target Australia also entered into a new five-year logistics services contract with Qube Logistics, covering freight from Port Botany to Moorebank.
“The Moorebank development is certainly a once in a lifetime opportunity,” said Maurice James, Managing Director, Qube Holdings. “Linking one of the nation’s busiest ports by rail to an inland facility with the sheer scale and location benefits of the Moorebank site is a game changer that will deliver huge long-term benefits to consumers and businesses.”
William Hara, Director of Qube’s Strategic Assets Division, added, “Securing Target Australia is testament to the quality product that is Moorebank Logistics Park, combining a superior property location and efficient logistics. Qube is looking forward to working with the Target Australia team in delivering an optimal warehouse and logistics solution for their operations.”

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