National document storage and digital solutions provider Grace Information Management has bolstered its South East Queensland footprint with a move into Yatala.

The sister company to high-profile Grace Removals paid $12.65 million for a prime industrial site at 11 Transport St, where it will sit alongside neighbours ranging from safety gear and construction to renewable energy provision.

Grace will develop the 25,800sqm parcel for storage as an owner-occupier.

JLL Industrial’s Jordan Page handled the offmarket sale with fellow executive Koen Dovey.

Mr Page said the move into Yatala created a strategic link between Grace’s Gold Coast and Brisbane operations, among its wider South East Queensland network.

“The Brisbane-Gold Coast corridor continues to experience accelerated growth, which is manifesting itself in sharpening demand and tightening supply in industrial precincts,” he said.

“In securing such a substantial footprint, Grace has primed itself for future expansion and evolution to meet the needs of public and private sector clients.

“The investment speaks to its confidence in the region's potential and its dedication to fostering economic prosperity.”

Mr Dovey noted Yatala as a pivotal industrial hub.

“Yatala has experienced significant growth during the past 24 months as one of the few precincts with development-ready industrial land stock, although this has now been exhausted,” he said.

“Renowned for its connectivity, infrastructure and business-friendly environment, it has become recognised as an ideal base for major businesses with access along the M1 and the centre-point between Queensland’s two major regions; Brisbane and the Gold Coast.”

A spokesman for Grace Information Management said: "This acquisition is yet another milestone for our rich 113-year history and ongoing commitment to growth and property investment.

“We are excited for the future opportunities this new facility will bring as we continue to diversify our Australian Group of iconic brands and businesses.”

 JLL Industrial agents Jordan Page and fellow executive Koen Dovey.