Frasers Property Industrial has secured a lease with Williams-Sonoma for space in the company's The Horsley Park Estate in a deal negotiated through JLL's Peter Blade and Greg Pike.
American retail giant Williams-Sonoma has signed its first lease direct lease for warehousing and distribution operations in Australia, with the company to occupy space within Fraser Property Industrial's The Horsley Park Estate.
The seven-year lease comprises a 16,755 sqm warehouse, 640 sqm office and 67 car spaces.
The completion of the world-class logistics facility located at 2A Johnston Crescent, Horsley Park is anticipated in mid-2021.
At a glance:
Ian Barter, General Manager Northern Region for Frasers Property Industrial, said Western Sydney continued to attract major national and international retail brands.
"The growth of organisations such as Williams Sonoma will see the region expand rapidly and underpin the creation of thousands of construction and operational jobs over the next 10 years," he said.
Bespoke facility features include a dedicated truck loading and car park areas, a minimum building height of 11.5 metres at the gutter raking up to 14.6 metres at the ridge and a 34-metre wide loading area.
Source: Frasers Property Industrial
In addition, the building will be designed to achieve a 5 Star Green Star rating from the Green Building Council of Australia and will obtain carbon neutral certification of built form works, incorporating a solar PV system that uses battery storage and bio-diesel back up generation.
The Horsley Park Estate is located within the established industrial areas of Horsley Park and Eastern Creek as well as Western Sydney’s Employment Area (WSEA).
It has excellent heavy vehicle access to both the M4 and M7 motorways via Old Wallgrove Road.
Turnover of land within the estate is now completed with only 9,730 sqm of speculatively developed warehouse space remaining available for lease from April 2021.
CSR, Hino Australia and a national bottling company currently reside in the estate.
Peter Blade and Greg Pike from JLL in Western Sydney brokered the deal.
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