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Home Industrial Property

Brisbane Airport begins construction on new industrial warehouse

by pcm_admin
October 22, 2024
in Australia, Industrial Property, Leasing, News, Vacancy rates, Warehouses
Reading Time: 2 mins read
A A
Brisbane Airport has commenced construction on a new industrial warehouse. Image: Brisbane Airport Australia

Brisbane Airport has commenced construction on a new industrial warehouse. Image: Brisbane Airport Australia

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Brisbane Airport has commenced construction on a new industrial warehouse and office project, its second proactive development within the Airport Industrial Park.

Lot AIPN02 is a 1.8-hectare site at 49 Boronia Road, Airport Industrial Park, Brisbane Airport with 8,724 sqm of office and industrial warehouse space, suited to warehousing, storage and distribution.

 Tomkins Commercial was awarded the construction contract and has begun erecting precast panels on the site.

When completed in early 2025, the office façade will feature off-form concrete panels and aluminium cladding, and the partitionable development means it can be leased as a whole warehouse or two separate warehouses.

“The new development was designed to meet a growing demand for commercial and industrial facilities”, says Todd Perry, Head of Industrial Property and Logistics, Brisbane Airport Corporation.

“Brisbane Airport’s strategy of proactive development is specifically tailored to support Queensland’s booming industrial sector.

“This is our second proactive development in the precinct and follows the enormous success of our initial project: a warehouse and office facility snapped up by Queensland-owned and operated Phoenix Express Logistics on a five-year lease.

With industrial vacancy rates still at historic lows, this new development offers an exceptionally rare opportunity for prospective tenants.”

An added enticement is Brisbane Airport Park’s unparalleled connectivity with the new development only 12kms from Brisbane’s CBD and connected to the Gold Coast, Sunshine Coast and key Brisbane industrial precincts by a major arterial road network.

Tenants also enjoy the flexibility of around-the-clock operations, with 24/7 access to facilities management services to ensure minimal disruption to operations.

“Airport Industrial Park is home to high-calibre tenants including Martin Brower and Phoenix Express Logistics as well as Australia Post, whose 31,800 sqm parcel facility is Brisbane Airport’s largest industrial development,” says Martin Ryan, Executive General Manager Commercial.

“This property is a demonstration of Australian excellence in sustainable development practices and targets a 5-star Green Star rating to reduce carbon emissions and deliver energy efficiencies for tenants.

Tomkins Commercial is using lower-carbon products and building materials and the development, when complete, will have solar panels, rainwater harvesting and electric vehicle charging units.”

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