Mainfreight rolls into Somerton


International logistics firm Mainfreight has become the latest major tenant to commit to Melbourne’s largest speculatively built industrial estate

By Rob McKay | September 14, 2010

International logistics firm Mainfreight has become the latest major tenant to commit to Melbourne’s largest speculatively built industrial estate, real estate firm CB Richard Ellis (CBRE) says.

Mainfreight has taken an 11,128sqm office/warehouse lease in the $135 million Somerton Logistics Centre.

It is the latest in a series of deals struck in the northern Melbourne complex in which global construction materials group Saint-Gobain and leading international transportation and logistics provider WLG took leases totalling 20,647sqm.

"Business sentiment has improved considerably and companies such as Mainfreight, Saint-Gobain and WLG are capitalising on opportunities to upgrade premises and accommodate their future growth requirements," according to CBRE Industrial & Logistics Services Director Dean Hunt.

"The estate’s proximity to the Craigieburn Bypass and the P&O-operated inland port is a major drawcard fro potential occupiers and further growth is expected as the region benefits from the relocation of the Melbourne Wholesale Market."

The Mainfreight deal, which sees it gain expansion space from its Campbellfield location, leaves just two vacant buildings available for lease in the estate – a "significant turnaround from last year when only 26 percent of the estate was occupied", he adds.

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