Shaw Fabrics secures lease deal for $55 million development

Shaw Fabrics

The wholesaler of fabrics for blinds has signed a five-year pre-lease deal with Frasers Property Industrial, at its 42.3-hectare master-planned Canvas West estate in Melbourne’s west.

Shaw Fabrics will use a 15,125 square metre facility with a 510 square metre office area and 14,615 square metre warehouse space. An adjoining speculative office and warehouse will be developed with a total net lettable area of 12,726 square metres. The total value of the development is approximately $55 million.

Anthony Maugeri, General Manager, Southern Region for Frasers Property Industrial says Canvas West has been extremely successful in securing leasing commitments, including from Shaw Fabrics and major Netherlands-based online retailer VidaXL.

“The estate will deliver a state-of-the-art facility to support Shaw Fabric’s business operations here in Victoria, during a time where there is a lack of infrastructure supply to accommodate for immediate and future operational requirements,” he says.

“We continue to see high demand from customers who wish to relocate from older warehouses to modern industrial facilities, with abundant on-site amenities such as green spaces and leading sustainability features.”

The new office and warehousing facility will have high clearance (11.5 metre) warehouse space, four recessed loading docks and five on-grade roller shutter doors. It will also target a 5 Star Green Star Design & As Built v1 certified ratings from the Green Building Council of Australia.

Leading Australian construction company, Hansen Yuncken has been appointed to deliver the facility which will have an undercover roof size 1.5 times the size of the Melbourne Cricket Ground in Melbourne and will use 6,500 cubic metres of concrete and 500 tonnes of steel. The new facility is expected to reach practical completion in July 2022.

Hansen Yucken recently completed Williams-Sonoma’s logistics warehouse at The Horsley Park Estate in New South Wales, CEVA VL at West Park Industrial Estate in Victoria and Ozito and efm Logistics at Rubix Connect in Victoria, for Frasers Property Industrial.

Craig Baker, Industrial Manager, Hansen Yuncken says Hansen Yuncken is delighted to partner again with Frasers Property Industrial.

“This will continue our strong relationship built on trust and delivering high quality, environmentally sustainable, efficient buildings for Frasers Property Industrial’s customer, Shaw Fabrics,” he says.

“We are looking forward to another successful project working together to provide a state-of-the-art facility that will reliably serve Shaw Fabrics into the future and further strengthen our expertise in the industrial space.”

Canvas West is strategically located in Melbourne’s thriving West, with excellent transport linkages to the Melbourne CBD (22km), Tullamarine Airport (20km), Port of Melbourne (19km) and M1 Princes Freeway (8km).

Major Netherlands based online retailer VidaXL is also located in Canvas West, with its facility expected to reach practical completion in May 2022.

Hugh Gilbert and Siobhan O’Reilly from Colliers brokered the deal between Frasers Property Industrial and Shaw Fabrics at Canvas West.

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