Sydney-based food packaging supplier Pinnacle Packaging has selected a site in Altona for its first distribution facility in Melbourne. CBRE Fergus Pragnell, Tom Murphy and Ricardo Cappelletti negotiated the lease.
Sydney-based food packaging supplier Pinnacle Packaging has selected a site in Altona for its first distribution facility in Melbourne. CBRE Fergus Pragnell, Tom Murphy and Ricardo Cappelletti negotiated the lease.
Focused on sustainable takeaway food solutions, the company has signed a five-year lease for 14 Marshall Court, for a net annual rent of $320,000+GST and outgoings.
The 6,340sqm property has a 3,959sqm warehouse and expansive, 818sqm loading canopy.
The high-clearance warehouse incorporates two levels of office space and has two on-grade roller shutter doors.
Within Melbourne’s south west, Marshall Court is just off the Princes Freeway.
CBRE’s Fergus Pragnell, Tom Murphy and Ricardo Cappelletti secured the tenancy on behalf of the landlord, J and M Investments.
“Pinnacle Packaging is one of Australia’s largest suppliers of food packaging products, with an emphasis on sustainable packaging materials,” Mr Pragnell said.
“Alongside its base in Sydney, this new depot will allow the company to hold more stock for its customers in Melbourne.”
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