MWalls and ceilings industry specialist, Intex Group International Pty Ltd has acquired a $11,300,000 foothold in Vaughan Constructions’ Biodiversity Business Park in Epping. Daniel Eramo, CBRE Associate Director, negotiated the deal for Intex’s new global headquarters within Melbourne’s North.

The design and construct deal between Vaughan Construction and Intex will see a new, state-of-the-art 7,591sqm office/warehouse headquarters developed by the construction company.

Mark Byrne, Director of Vaughan Construction, said; “The requirement showcases the concept to completion service we offer owner occupiers and it’s an absolute pleasure working with a likeminded family business.”

Intex is a leading multinational corporation, that has been specialising for over 30 years in servicing the walls and ceiling industry. Intex is well known for innovation, and the marketing and sales of premium products for the industry.

The company is expanding its operations with the new headquarters in Epping that will be supporting its other warehouse locations and representation on a global scale. This headquarters relocation and upgrade is just another testament to the exciting times of growth being experienced as we continue to embrace the future.

Daniel Eramo, CBRE Associate Director, negotiated the deal for Intex’s new global headquarters within Melbourne’s North.

“We worked closely with Intex to identify a suitable site for its new facility and, more importantly, partnered Intex with leading design and construct company Vaughan to deliver its new headquarters,” Mr Eramo added.

“Vaughan’s Biodiversity Estate benefits from proximity to major arterials such as Cooper Street, Hume Freeway/Highway and the Metropolitan Ring Road, as well as Epping’s major shopping centre, Pacific Epping, and the Northern Hospital.”

“Epping’s Cooper Street precinct has been the focal point of Melbourne’s northern industrial market over the past three years, attracting significant investment from the institutional sector.”

Mr Eramo concluded that future infrastructure projects in the area, such as the North East Link and Outer Metropolitan Ring Road, would further cement Melbourne’s north as a highly desirable location for large scale occupiers in Victoria.

To request an analysis of the transaction please email Mr Eramo via the below contact details.