News

CEVA snaps up final lease in new Melbourne development

CEVA Logistics is the last tenant to complete the occupation of the new 310-hectare development in Truganina, Victoria.

CEVA Logistics already occupies 238,670 square metres of industrial stock at the estate, including a $80 million warehouse.

The company has signed an agreement with Frasers Property to lease a 37,307 sqm bespoke facility for six years.

The lease in Truganina will comprise of 35,507 sqm warehouse, 1,800 sqm office (over two levels) and 105 car spaces.

Anthony Maugeri, General Manager Southern Region, Frasers Property Industrial said West Park Industrial Estate was developed over 16 years.

“It was the first in Victoria to obtain a 6 Star Green Star Design & As Built rating for CEVA’s supersite and subsequently received six stars for CEVA Alliance and CEVA Tech (Nissan). Five stars were also achieved for CEVA Toyota, Visy Australia and National Tiles/CTI Logistics from the Green Building Council of Australia,” Anthony said.

“Several of the largest state-of-the-art warehouses in Victoria including leasing/pre-leasing 238,670 sqm of gross building area to CEVA, Visy Australia (42,770 sqm), Mitre 10 (25,157 sqm), CHEP (24,700 sqm) and Goodyear Australia (24,100 sqm) were built in the estate.”

More than 40 industrial facilities have been developed at West Park, located 22km from Melbourne’s CBD.

Arlec Australia, National Tiles, CTI Logistics, Australia Post and DB Schenker have facilities at the estate. 

The newest development of the facility is set to open at the end of this year.

Send this to a friend