Colliers International along with Raine & Horne Commercial are leasing a rare central infill opportunity at Brisbane’s Archerfield Airport, ideal for ‘last mile’, logistics, cold store, aerospace and manufacturing businesses.
Transition – Archerfield Logistics Estate (Transition) is a unique infill site preserved as part of Archerfield Airport located just 11kms Southwest of the Brisbane CBD.
The 24 hectare estate, which has the flexibility to cater for anywhere between 2,000 sqm to 50,000 sqm under roof, is situated alongside the new $400M upgrade to Ipswich Motorway and only 2.5kms from the Acacia Ridge intermodal Inland Rail freight terminal, securing long-term operational efficiencies for tenants.
The Colliers International and Logistics Market update for Q2 found that with the impact of COVID- 19, there has been a rapid shift to online retail sales with a growth of 31.9 per cent in the year to June 2020, up from 13.6 per cent in January.
This trend is expected to continue and change the way retailers service their customer base with same day delivery and customer pick up points becoming the norm for modern warehousing.
The estate’s unique position in Brisbane’s coveted Golden Triangle, enables fast delivery access to over 750,000 residents and 83,000 businesses within a 20-minute drive. Coupled with pre-approval for 30 metre A & B Double vehicles, which allows two 40ft shipping containers on a single truck, occupiers can anticipate transport savings of up to 30 per cent.
“It is well known that industrial land in Brisbane is running out, particularly in the coveted Golden Triangle, which essentially covers the area bounded by three main transport routes of the Logan Motorway, the Ipswich Motorway and Beaudesert Road” said Matthew Frazer-Ryan, National Director of Industrial for Colliers.
The region is sought after because it is a transport infrastructure-rich corridor, positioned near major roads that provide excellent access to all areas of Brisbane, the Sunshine Coast and the Gold Coast, as well as to the Brisbane CBD and the Port of Brisbane.
Transition is the last premium large-scale distribution location within 11kms of the Brisbane CBD. With flexible site boundaries, general industry zoning allowing 24/7 operations and with all sites above flood levels, the estate has the capability to service a variety of large industrial user requirements with surety of operations.
“Significant land take up in the Southern market has resulted in a shortage of developable land, which makes this a unique value proposition for occupiers,” said Philip Stephens, Director, Industrial at Colliers International.
Philip Stephens and Levi Maxwell of Colliers and Nick Comino and Greg Tate of Raine & Horne Commercial are managing the leasing campaign for Transition – Archerfield Logistics Estate.