In a strategic move before its official launch, TUS Australia, a subsidiary of Optimus Group Co. Ltd., has achieved a significant breakthrough in the competitive North Industrial & Logistics market. This significant pre-lease agreement, navigated by Colliers experts, Mitch Purcell and Corey Vraca, marks a pivotal moment in the region's middle market sphere.

The deal, finalised with lessor Ciftci Group, secures a two-year lease for a sprawling industrial & logistics property at 199 O’Herns Road, Epping. Covering an expansive 2,129 square metres, this transaction underscores TUS Australia's strategic foresight in securing prime real estate before its official market debut.

Situated strategically in the heart of the North Industrial & Logistics sector, the property offers unparalleled access to key transportation arteries. This positioning ensures seamless logistical operations for TUS Australia's forthcoming Tradie Ute Solutions, TUS Offroad, and TUS Performance brands, alongside Tradie Rentals, tailored to trades and towing needs.

"With the use of Colliers extensive database, we were able to secure a strong covenant prior to practical completion, ensuring no rental downtime," noted Corey Vraca, emphasising the efficiency of the process.

With a net face rent of $195/m², TUS Australia's lease aligns with prevailing market rates, further enhancing the deal's appeal in the bustling North Industrial & Logistics landscape. This competitive pricing underscores the property's value proposition and its potential to drive significant business growth.

"This transaction highlights the continued demand for prominent opportunities within the core Epping industrial & logistics market," stated Mitch Purcell, emphasising the appeal of the region. A highlight of this transaction lies in its negotiation phase, where Colliers' experts played a pivotal role in bridging the gap between tenant and lessor. Leveraging their intimate knowledge of the middle market dynamics and their robust network of industry contacts, Mr Purcell and Mr Vraca orchestrated a seamless negotiation process, ensuring favourable terms for all stakeholders involved.

Despite the property's incomplete state, the provided image offers a tantalising glimpse into its future potential. As the site nears completion and gears up to become fully operational, it is poised to serve as a central hub for TUS Australia's operations, catalysing growth and innovation in the region's industrial & logistics landscape.

For TUS Australia, this pre-lease agreement signifies more than a mere real estate transaction; it represents a strategic investment in future market dominance. By securing prime industrial space in the vibrant North Industrial sector, the company positions itself for sustained growth and resilience in the face of market fluctuations.

The successful pre-lease agreement emphasises the vibrancy and competitiveness of the North Industrial & Logistics market. It serves as a testament to the importance of forging strategic alliances and conducting skilful negotiations to navigate the intricacies of middle-market real estate transactions.

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