Vekta Advanced Automation acquire high profile site in Perth’s tightly held northern industrial precinct through Ross Palframan Associate of JLL Logistics and Industrial (WA).
Vekta Advanced Automation acquire high profile site in Perth’s tightly held northern industrial precinct through Ross Palframan Associate of JLL Logistics and Industrial (WA).
32 Milrose Drive, Malaga – situated on an expansive 12,700sqm site will be the newly expanded, corporate-grade headquarters for Vekta Advanced Automation – an Australian company specialising in mechanical and industrial engineering and manufacturing.
The premium grade, prominently positioned industrial and logistics facility, located in the core northern industrial precinct of Malaga, has corporate-grade office accommodation of some 1,534sqm over two levels and a fully ESFR sprinklered, high truss warehouse spanning some 4,721sqm.
Mr Palframan said, “This acquisition was an expansion mandate due to the recent growth in the residential construction industry in WA, with Vekta Advanced Automation subsequently outgrowing their existing facility. This is consistent with the market trends we are seeing in the current industrial market, with owner occupiers seeking to upgrade and expand into larger facilities.
“The industrial sector is continuing to benefit from increased onshore manufacturing, sustained low interest rates, and improved access to capital which are driving a revival of owner-occupier demand and activity in 2021,” he added.
To request a sales analysis please contact the selling agent Ross Palframan Associate of JLL Logistics and Industrial (WA) via the below contact details.