LOGOS secures auto parts giant in Broadmeadows

The site when used by Woolworths as a distribution center.

LOGOS has entrusted GPC Asia Pacific with a 39,000 square meter distribution center in its logistics area of ​​Broadmeadows, north of Melbourne.

The pre-engagement is the third in the 25 hectare business park at 120 Northcorp Boulevard that the owner is co-developing with Ivanhoé Cambridge of Canada.

Sam Dellios of TMX represented the lessee.

Broadmeadows Logistics Estate will contain 127,000 square meters in five buildings.

“Broadmeadows Logistics Estate is a key property in our portfolio serving the growing North Melbourne market,” said Darren Searle, LOGOS director for Australia and New Zealand.

“By focusing on supporting the logistics sector of e-commerce, distribution, food and cold storage, we are able to offer tenants state-of-the-art, sustainable facilities… and immediate access to Melbourne’s main transport networks, ”he added.

LOGOS and Ivanhoé Cambridge acquired the land making way for the estate – a former Woolworths distribution center – from Growthpoint for $ 50.2 million last August.

When completed, the industrial park will contain approximately 127,000 m² in five buildings and will be worth C $ 300 million.

Homeowners recycle about 99 percent of materials from older structures (story continues below).

Site needed to adapt to growth: GPC

GPC is one of the largest suppliers of auto parts and accessories in Australia and New Zealand with brands such as APX, Repco and McLeod’s.

Its world headquarters are in Rowville.

“As a company, we have experienced significant growth over the past three years and look forward to incorporating cutting-edge technologies into a new, state-of-the-art facility in Melbourne to enhance the experience for our customers. Asia-Pacific Executive Director General, Logistics, Jon Longbottom, said.

The Broadmeadows warehouse (artist’s impression, top) is expected to be completed in early 2023.

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