Salta Properties says it has secured premier logistics and warehousing provider Kings Group as a tenant at Nexus Industrial Estate, Dandenong South.
It notes Kings Group will occupy the 143 Portlink Drive development, which is currently under construction and due for completion in November 2022.
The new development will include 15,138 sqm of custom-built warehousing and two levels of office space totalling 725 sqm.
“The agreement with Kings Group reinforces Nexus Dandenong South’s position as a first-class industrial estate that appeals to tenants of all sizes due to its connections to the city, the Port of Melbourne, and major commercial, retail and residential areas,” Sam Tarascio, Managing Director at Salta Properties, says.
He says he welcomes Kings Group, which has signed a five-year lease as the latest tenant at the industrial precinct.
The emerging Nexus Industrial Estate plays an integral role in Salta Properties’ inland port strategy, a long-term initiative aimed at improving freight efficiency across the state of Victoria.
Mark Mastroianni, Kings Group Chairman and Barry Thompson, CEO say they are delighted with the plans for their custom-built facilities at Nexus Industrial Estate.
“The purpose-built site at Nexus Industrial will allow Kings Group to grow its business and is the start of exciting steps forward in the expansion of its national warehouse roadmap,” Barry says.
“The partnership with Salta will provide greater value in warehousing and distribution to our clients, further enhancing our key pillars of people first, strong capabilities, safety always and sustainability,” he adds.
He says that the new premises will allow the company to provide a high-profile, state of the art distribution centre to deliver high-quality services to its clients.
Kings Group joins the list of well-known tenants at Nexus Industrial Estate, Dandenong South including Global Logistics, Haulotte Australia Pty Ltd, Silk Logistics and Bunnings. Other warehouse leasing opportunities are available within the estate.
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