Stockland has announced three new tenants for its Yatala Distribution Centre, while also confirming the second stage of development for the project is now complete.

The development at the new 9.6-hectare Yatala facility comprises three stages and over 43,000 square metres of tenancy floor space, located in the sought after corridor between Brisbane and the Gold Coast with direct access to the M1 Pacific Motorway. 

Stockland has leased over 18,993 square metres of the new facilities to three local Queensland businesses - Simtech Creations, Crimsafe Security Systems and OzWide Group.

A further 9,000 square metres remains available for lease. 

At a glance: 

• Stockland has completed Stage Two of its $70 million Distribution Centre in Yatala, Queensland.
• Queensland businesses Simtech Creations, Crimsafe Security Systems and OzWide Group have also signed 10-year leases for the facility.
• Stockland’s Workplace and Logistics development pipeline now sits at $4.3 billion.

Stockland General Manager for Logistics and Business Parks, Tony D’Addona, said the company was committed to rolling out key projects in its national $4.3 billion workplace and logistics development pipeline, while also creating flexible and efficient new facilities for tenants in locations connected to major cities. 

“Demand for logistics space in Queensland’s south-east industrial precinct remains very strong, with vacancy rates 28 per cent lower than this time last year," he said.

The Yatala Distribution Centre offers high volume minimum 11-metre racking heights, 12-metre all-weather awnings and high impact zoning to allow 24-hour operation.

The building design also includes energy and water saving initiatives such as solar water heating, energy efficient lighting, native landscaping and rainwater collection for irrigation. 

Construction was undertaken by local contractor McNab and saw $30 million invested in the local economy during the construction phase, with around 90 local jobs created, including the majority of suppliers sourced from the Brisbane and Gold Coast regions. 

McNab Managing Director Michael McNab expected the new tenants to be "very impressed" with the facility.

“We’re delighted that Stockland chose McNab again as their delivery partner, and along with our local subcontractors our team delivered these buildings on schedule and to an extremely high quality standard," he said.

"We know the new tenants will be very impressed with their new facilities”. 

Stockland’s Workplace and Logistics development pipeline now sits at $4.3 billion, with development projects currently underway at Willawong in Brisbane, Ingleburn in Sydney, and Melbourne Business Park in Truganina. 

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