Ice-cold achievement by Maersk at Ruakura: Winners of the CBRE Industrial Property Award
Super-sized warehouse facility in Wiri Logistics Estate
Shift in industrial market dynamics brings more opportunities for occupiers
CBRE is proud to announce that our Industrial & Logistics team has been awarded the prestigious Real Estate Agency of the Year by the Royal Institution of Chartered Surveyors (RICS).
This accolade recognises CBRE’s exceptional achievements, professionalism, and commitment to ethical standards in 2023. This was evident in our strategic advice, data-driven intelligence, and innovative approaches.
Our ‘One CBRE’ approach was instrumental in our teams’ success, fostering deep, trusting relationships and seamless coordination across various projects. This collaborative spirit shone through with the success of the Fisher & Paykel Healthcare transaction, the rebranding of the Ruakura Superhub and the global marketing campaign of GPC’s warehouse and office distribution facility, resulting in the largest industrial transaction of 2023.
06 14 40 68 74 80
Winners of the CBRE Industrial Property Award 2024: Maersk Hamilton Coldstore
Auckland Property Options Snapshot
Brand new warehouse facility in Wiri Logistics Estate
The rise of subleasing opportunities within industrial market
Wellington Property Options Snapshot
Christchurch Property Options Snapshot
This year’s [PCNZ] winner was another best-in-class example with Maersk bringing home the ‘Best in Category’ title. The team and I were lucky enough to be able to have a personal tour of the facility from Maersk’s Cold Chain Sales Director, Tony Mildon.
The Property Council New Zealand (PCNZ) Property Industry Awards are always an annual highlight of the work calendar, and sponsoring the Industrial Property Award is something I am immensely proud of. This year’s winner was another best-in-class example with Maersk bringing home the ‘Best in Category’ title. The team and I were lucky enough to be able to have a personal tour of the facility from Maersk’s Cold Chain Sales Director, Tony Mildon – and is the cover feature for this Issue of Inspect magazine. Congratulations to all nominees for PCNZ Industrial Property Award’s nominees, we look forward to celebrating again at the 2025 Property Industry Awards.
In this issue of Inspect, we look at how the Maersk team made a cold store and multi-modal hub that brings their ocean offering closer to their inland customers, and how sustainability was at the core of the build. We dive into a super-sized leasing offering in the Wiri Logistics Estate – a large state-of-the-art logistics facility strategically designed for efficient truck movements. We also look into the shift in the current market, and how the slight increase in available space has allowed occupiers to have more breathing space when looking at opportunities. All complemented with a snapshot of leasing opportunities from our national Industrial & Logistics team.
I’d also like to recognise the collaboration across our business, earning our Industrial & Logistics team recognition at the Royal Institution of Chartered Surveyors (RICS) 2024 Awards as Real Estate Agency Team of the Year. This follows the rebranding of Tainui Group Holdings’ Ruakura Superhub in Hamilton and the transactions of both Fisher & Paykel’s Healthcare facility in East Tāmaki and GPC’s warehouse and office distribution facility, which resulted in the largest industrial transaction of 2023.
We wish you the best for the remainder of the year and look forward to another year of creating success stories with you.
Claus Brewer
National Director, Industrial & Logistics, New Zealand
Winners of the CBRE Industrial Property Award at the Property Council New Zealand Property Industry Awards are usually pretty remarkable. This year’s winner, the Maersk Hamilton coldstore, is certainly that by any measure. Designing, delivering and operating an 18,000sqm coldstore that can accommodate 29,000 pallets within 18 months – under budget and ahead of schedule – is a highly impressive feat on its own. And then there’s the fact that the fully convertible spaces can lower temperatures to a controlled, icy, minus 25˚celcius. That’s the same as stepping outside at McMurdo Station in Antarctica in August.
However, a recent visit by CBRE New Zealand’s National Director, Industrial & Logistics, Claus Brewer, Kate Martinus and members of the team to the facility just off State Highway 1 in the Waikato at the entrance to the Ruakura Superhub revealed that the facility is much more than these statistics. “It is a pioneering facility, designed and built by Apollo Projects, for Maersk in New Zealand that has been designed to be no less than a sustainable and seamless connector of ports, people, places, communities and the land, and it is already well underway in doing all of this,” Brewer says.
Tony Mildon, Maersk’s Cold Chain Sales Director, Oceania Area, and driving force behind the creation of the facility, introduces it as “a multi-modal hub designed to drive Maersk’s role in the globally integrated supply chain.”
To explain, he says that what Maersk has been doing at Ruakura is working with its customers to bring the ocean closer to their businesses and closer to where they produce their goods. “Once customers’ product comes into our facility, it is already like being on the ship, which from an export perspective makes huge sense.”
“We are constantly talking with our customers about the digital and physical offerings that they need from us. The digital offering is all about visibility, track and trace, and e-commerce, whereas the physical offering is all about taking the product to their customers - the actual physical cargo, the cartons, the pallets. This facility is an essential part of that process, and the cargo that we are putting through is giving the customer certainty and complete visibility of the supply chain, so they can engage with their own customers.”
Mildon says that Maersk looked carefully at the New Zealand market long before committing to Ruakura. “We asked ‘where are our customers?’ We needed to position our facility somewhere that would be attractive to our customers. In the Waikato region we saw the number of production facilities in the protein segment covering both dairy and meat sectors, and we noted that there are between 16 to 18 customer plants near Hamilton.
“We then noted the plans that the Tainui Group had around the Ruakura superhub that they were developing, an inland port that would give us the ability to access rail, a key offering to our customers in terms of containers. This is important from a New Zealand perspective in terms of moving cargo, because there are limits on the weight that can be put into a 40-foot container when travelling by road, which can leave containers 20 to 30% empty. By reducing the number of containers that would be moving around the North Island empty, it would also help to reduce congestion in port terminals, meaning that vessels can be more efficient through the ports.
“Not only does this help with our carbon net zero position and for our customers, but it is key for heavy products like butter. It also means that we also offer something for landside customers, whilst still giving them choice for their ocean activities to generate efficiencies with Maersk when looking to distribute around New Zealand.”
Mildon continues: “Through engagement with our customers, our understanding developed of the changes and challenges they were facing today, enabling open discussions to build solutions for today and the future. We were able to include specific solutions for them into our design and build.”
Building the facility itself took about 18 months, with a fixed target opening date based on commitments Maersk had made to customers. This was achievable, says Mildon, partly due to Maersk’s ability to guarantee delivery of overseas construction materials through its shipping business, as well as the quality of the partners on the project. “We were very lucky that our partners beside us bought into what we were looking to achieve. They understood that an important part of the design was that it wasn’t a basic platform that we’re putting into New Zealand.”
So how does it all work?
Today, the facility enables both outbound and inbound container movements via 30 individual loading docks, to which trucks back up and unload cargo that is then moved efficiently inside by robotic racking machines. Inside are
four main freezer rooms in the facility, which can hold product a specified temperature. “We also offer blast freezing,” says Mildon. “That’s taking in a chilled product and freezing it down to about minus 25˚C. It’s held at minus 18˚C. We can process 360 pallets over a 24-hour cycle, with nine freezers that take 40 pallets per freezer.”
The facility is also designed as a place for Maersk to demonstrate its values to its own people, of whom there are 12 office-based roles in a state-of-the-art office space, on site along with another 20 workers on shifts in the coldstore.
“One of our core values is to look after our people,” says Mildon. “Not only do we manage our team working in a difficult environment; we also have a wellness room, which has facilities for visiting health professionals, employment assistance programs and career development and training within the Maersk group.
“In the facility we also have two breakout areas for the staff, plus a full range of services on offer. The wellness rooms are a dedicated space that are fitted out with massage beds, and supported by a contracted physio who comes in once a week to look after the team. You have to appreciate that these guys are moving 29 kilogram cartons, so we have to ensure that we’re looking after their health and their body as much as the work environment –and the environment.”
This is a key point for Maersk, which is working hard to change the somewhat outdated view of cold stores as being unsustainable. “Anything that we do or build must align within Maersk’s commitment to carbon net zero,” says Mildon. “When we looked at designing this facility, we made decisions based on how we operate as a company. For instance, we are using carbon dioxide instead of ammonia as a refrigerant, which is much better for the environment. Also, all the plant was designed to be accommodated within the roof, and rooms were placed strategically so that we used less steel in construction so the CO2 to cool the chiller rooms now doesn’t have to travel as far. We are also capturing and re-using all our rainwater, and we have a 1.4MW solar array on the roof.
If you look in the foyer of the building as you come in, the amount of renewable energy is recorded, and in the grounds we’ve got electric charging stations for cars. “For us these are non-negotiable features, and we presented a business case for the investment required. And we will continue to use technology to get better and better.”
Another key part of Maersk’s approach has been to engage meaningfully with Tainui Group Holdings throughout the process, says Mildon. “Tainui have always been very supportive of what we wanted to achieve. The work they are doing with the environment in mind is a huge statement around who they want to be and where they want to play. That’s enticing for us, and we’re now working with Tainui to offer in-house training and job opportunities for iwi members. We are looking forward to developing this initiative as we move ahead.”
We were very lucky that our partners beside us bought into what we were looking to achieve. They understood that an important part of the design was that it wasn’t a basic platform that we’re putting into New Zealand.
Acknowledging that the facility has only been running ‘full noise’ for about six months, key lessons through the design, build, and early days of operation all begin with customer engagement, says Mildon. “We built a facility that we knew was needed by our customers. A key focus for us was very strong, and early, engagement with customers and with our own staff. We employed our facility manager at about the same time as we started construction, so they could work closely with the project team around how building came together. The commitment from our internal team has been completely off the hook, and I’m really thankful for getting really good partners who shared the vision of where we wanted to be.
“This is a significant change to New Zealand cold store infrastructure, and the facility is currently at approximately 80% of its capacity. The opportunity we have seen is to provide a consolidated service within New Zealand, as well as to and from export markets. If you look at the Waikato, the worker hub has a considerable opportunity to grow. If you couple that with the amount of space in the Waikato that will benefit from career development, the opportunity for growth here is huge.
“Then we ask what’s next for us in New Zealand, and what else can we do? Where are the other opportunities? When we look at what we’ve done in the North Island, what do we need to do in the South Island? Is the opportunity there? To make decisions around this, we will continue to be very clear on our customer proposition, who we are building for, and what we might want a facility to transact.
“What I can say for now is that the Property Awards was an incredible moment for me personally and for our team to be recognised. I think that we need to aspire to change. We can’t just do things the way they have always been done. We have to aspire to improve.”
Industrial face rents have been largely stable during 2024, edging forward slightly driven by topquality facilities. However, we are experiencing higher incentives in the market for occupiers with a strong covenant, who are securing a longer lease term.
Vacancy in H1 2024 rose from 0.5% to 1.0%, the equivalent of 70,000sqm of vacancy. This trend was primarily driven by occupancy consolidation, backfill vacancies and speculative builds.
Available for lease, Unit A and C are high-spec offerings in a brand-new development in the heart of Takanini. Unit A consists of a 1,657sqm warehouse complemented with 300sqm of office. Unit C contains 1,326sqm of warehouse with 326sqm of office. The warehouses feature a stud-height of eight meters with multiple full height roller door access and generous car parking out front.
The units are strategically located in close proximity to key arterial roading networks and motorway interchanges. This highly sought-after location is now considered one of the country’s fastest-growing areas, bursting with infrastructure upgrades and new developments nearby attracting a large local labour force into a high-growth area.
This recently refurbished, high-spec warehouse comprising of circa 9,576sqm of warehouse, with 336sqm ‘as new’ offices and amenities over a single level to the Dalgety Drive frontage. Additionally, 220sqm of warehouse offices and amenities are also available to lease. The site benefits from its excellent road frontage exposure and offers separate vehicle access for office staff and visitors.
The site’s renovations include a new roof with seismic strengthening, improving the warehouse to attain a 100% NBS rating, along with a new concrete yard offering circa 6,324sqm for this available tenancy to be formed to the northern elevation of the warehouse. Flexible leasing options are also available with areas ranging from 4,500sqm to 9,500sqm.
Available to lease, this exceptional 6,385sqm industrial facility in Wiri. The building offers a 5,679sqm clear span, high-stud warehouse with heavy-duty slab which enables high rack loads suitable for distribution operations. The site benefits from a 639sqm drive-through canopy and is ideal for intensive pallet storage operators that require a low-cost 67sqm office component.
The Wiri Industrial Zone is the fastest growing commercial zone in Auckland benefiting from the large Manukau labour force, combined with enhanced access routes on SH1 and SH20. This prime location ensures seamless connectivity to key economic hubs, including the Wiri Inland Container Terminal, Auckland Airport, and the Onehunga/Penrose Industrial areas.
Paul Steele
021 494 111
paul.steele@cbre.co.nz
Vinay Patel
021 38 25 25 vinay.patel@cbre.co.nz
www.cbre.co.nz/SAK100608
Ideal for intensive pallet storage
Optimal/efficient office ratio
7 Landing Drive, Airport
Available Q1 2025, this is opportunity to lease a 3,945sqm industrial facility the highly sought-after Airport Precinct. The site boasts a 2,997sqm high-stud warehouse, combined with four roller doors that connect the warehouse with a 874sqm yard.
The site is unique in the fact that it offers high clearance tilt slab warehousing with modern facilities. Complemented with an open outlook, dual access and full drive around capabilities, this site is ideal for a multitude of industrial users.
Located in the Airport Precinct, New Zealand’s most connected business location, ideally positioned on the doorstep of the country’s premier transport hub – Auckland Airport. The area benefits from enhanced staff amenities and improved infrastructure linking it to SH20, SH1 and SH16. Being New Zealand’s leading mixed-use business district it is a focus for local, multi-national and international occupiers.
Opportunity to lease a 6,645sqm A-Grade facility with high profile in the Auckland Airport Precinct. The premise is efficiently laid-out, features a high stud and a clear span warehouse, accessible via multiple roller doors and supported by a drive-through yard which would cater for a wide range of uses.
The facility also boasts a generous 506sqm office, with concrete polished floors and signage opportunity on the exterior. Additionally, there is a secure car park with over 30 spaces available for staff and customers.
Ideally positioned on the doorstep of the country’s premier transport hub – Auckland Airport, the area benefits from improved infrastructure linking it to SH20, SH1 and SH16.
81A Westney Road, Māngere
Available Q1 2025 for lease, this prime Māngere facility offers a 13,000sqm high-stud clear span warehouse, complemented with an expansive 2,682sqm covered canopy and 1,820sqm container friendly yard. The site benefits from its excellent road front aspect onto Westney Road and is fully fenced and secured.
81A Westney Road is ideally positioned on the doorstep of Auckland International Airport, and only minutes from New Zealand’s largest city. The area benefits from enhanced staff amenities and improved infrastructure linking it to SH20, SH1 and SH16. Being New Zealand’s leading mixed-use business district it is a focus for local, multi-national and international occupiers.
Claus Brewer
021 656 650 claus.brewer@cbre.co.nz
Alex Divers 021 715 385 alex.divers@cbre.co.nz
www.cbre.co.nz/SAK100745
High-stud clear span warehouse with covered canopy
Prominent road exposure onto Westney Road
Easy access to the Southern motorway
Container-friendly and secure yard
This exceptional A-Grade industrial facility is available to lease now. The high-profile site contains a 3,442sqm clear span warehouse, complemented with a 531sqm modern office and a 402sqm canopy.
In addition, the high-profile site benefits from an expansive 1,565sqm yard which provides ease of access through all four roller doors. The site is located within the well-established M20 Business Park and is in close proximity to SH20 and SH1.
Paul Steele 021 494 111 paul.steele@cbre.co.nz
Vinay Patel 021 38 25 25 vinay.patel@cbre.co.nz www.cbre.co.nz/SAK100646
460 Rosebank
Conveniently located within Rosebank Industrial Precinct, is this 1,933sqm warehouse, suitable for a range of users. The property includes drive-through truck access, an enclosed loading bay, a low office component, flexible lease terms and easy access to Western Auckland motorways and is just a ten minute drive from Auckland’s CBD.
Luke Goldstone 021 147 7400 luke.goldstone@cbre.com
Alex Divers 021 715 385 alex.divers@cbre.co.nz
www.cbre.co.nz/SAK100503
540 Rosebank Road, Avondale
This high-quality industrial and office space is available to lease in May 2025. The facility has a stud height of seven metres, complemented by three roller doors which open directly to the 55sqm yard. Benefiting from its strategic location on one of Auckland’s main arterial roads and being only minutes from the SH16 on/off ramps.
Luke Goldstone 021 147 7400 luke.goldstone@cbre.com
Alex Divers 021 715 385 alex.divers@cbre.co.nz www.cbre.co.nz
Units D&E, 83 Springs Road, East Tāmaki
Available now is this high-profile site in the heart of East Tāmaki. Containing 613sqm of warehouse facilities, combined with an adjoining 471sqm split-level office facilities. The site presents high-profile road frontage opportunities, suitable for a multitude of occupiers.
Warehouse 613sqm
Showroom & Amenities 223sqm
First Floor Office 248sqm
Sam Jeffries
021 334 794
sam.jeffries@cbre.co.nz
Lewis Watson 021 845 484
lewis.watson@cbre.co.nz
www.cbre.co.nz/SAK100525
166B Harris Road East Tāmaki
CBRE is proud to present this fully refurbished unit for lease or sale. Located in the tightly held East Tāmaki industrial precinct, the property occupies a road front corner site on Ti Rakau Drive and Harris Road, providing excellent exposure and ease of access to main arterial routes. Unit B, 166 Harris Road is located in the popular industrial precinct of East Tāmaki, 10km south-east of Auckland’s CBD and 14km north of Auckland International Airport.
www.cbre.co.nz/SAK100698
Sam Jeffries
021 334 794
sam.jeffries@cbre.co.nz
Lewis Watson
021 845 484
lewis.watson@cbre.co.nz
Available now is a 795sqm high-spec modern industrial warehouse located in the highly sought-after East Tāmaki Industrial Hub. This is a scarce opportunity to occupy a fully racked warehouse and fitted office with three-phase power, EV charging car parks and a 125% NBS rating.
East Tāmaki is regarded as one of New Zealand’s premier industrial suburbs, with access to major roading infrastructure and other key areas within Auckland providing the perfect position for any business.
www.cbre.co.nz/SAK100556
Car Parks 12
Lewis Watson
021 845 484
lewis.watson@cbre.co.nz
Sam Jeffries
021 334 794
sam.jeffries@cbre.co.nz
78 Springs Road, East Tāmaki
Available for tenant-fit out in mid-2026, these new build warehouses offer a range of configurations to suit the market. The site is targeting a 5 Green Star rating, as a development that uses sustainable construction materials, rainwater harvesting and will provide EV charging stations.
The new development presents warehouse areas ranging between 4,790sqm to 17,500sqm to appeal to a variety of users. Positioned is on a high-profile corner site offering great road frontage and high-volumes of traffic. Additional benefits of the location include ease of access to the Southern Motorway, combined with public transport links with a bus stop directly in front of the property. The external space offers a dedicated one way drive-through access for loading and unloading with 32 to 64 car parks.
Lewis Watson 021 845 484 lewis.watson@cbre.co.nz
Claus Brewer 021 656 650 claus.brewer@cbre.co.nz
Sam Jeffries 021 334 794 sam.jeffries@cbre.co.nz
www.cbre.co.nz/SAK100570
21 El Kobar Drive, East Tāmaki
Available for lease from April 2026, 21 El Kobar Drive is strategically situated on the corner of El Kobar Drive and Business Parade South with a prominent road front position, providing the opportunity for branding and signage. The site offers two lease options to best suit your requirements. This is a scarce opportunity to occupy a A-grade East Tāmaki industrial facility surrounded by noteable tenants including; OfficeMax, Panasonic, Stanley Black and Decker and NZ Post.
Option One
Warehouse 4,473sqm
Office + Showroom 702sqm*
Warehouse Office 80sqm
Canopy 772sqm
Yard 710sqm
Car Parks 57
*Subject to final measurement (Office + Showroom)
Option Two
Area
Lewis Watson
021 845 484
lewis.watson@cbre.co.nz
Sam Jeffries 021 334 794
sam.jeffries@cbre.co.nz
www.cbre.co.nz/SAK100742
Car Parks 82
Boundary lines indicative only
Four roller doors
Drive-around and drive-through capabilities
A range of lease options to suit your business requirements
On-site car park options
Proximity to SH1, Auckland Airport and 18km from CBD and Port
2C Kerwyn Avenue East Tāmaki
Now partially leased is this dual access yard with 180sqm of office and amenities in East Tāmaki. The site is fully fenced and secure allowing for a variety of uses. East Tāmaki Industrial Hub is regarded as one of New Zealand’s premier industrial suburbs, with access to major roading infrastructure and other key areas within Auckland providing the perfect position for any business.
Sam Jeffries
021 334 794
sam.jeffries@cbre.co.nz
Lewis Watson 021 845 484
lewis.watson@cbre.co.nz
www.cbre.co.nz/SAK100658
Available now to lease, this 225sqm industrial unit benefits from it’s medium to high-stud which provides effective storage space for bulk users. The site is located only circa 9km to Auckland CBD and Port, allowing for ease of access to major roading, infrastructure and high-quality amenities.
Sam Jeffries
021 334 794
www.cbre.co.nz/SAK100659
sam.jeffries@cbre.co.nz
Lewis Watson
021 845 484
lewis.watson@cbre.co.nz
Car Parks
Sam Jeffries 021 334 794 sam.jeffries@cbre.co.nz
Lewis Watson 021 845 484 lewis.watson@cbre.co.nz 8/103 Cryers
Luke
Paul
Within one of New Zealand’s premier industrial suburbs is this 432sqm warehouse unit on Cryers Road, East Tāmaki. The warehouse opens directly to a 72sqm container-friendly canopy, allowing for seamless unloading and loading operations via two roller doors.
www.cbre.co.nz/SAK100637
125
Available now, 125 Fred Taylor Drive in Westgate contains an extensive fully fenced 11,000sqm yard. The property is located minutes from SH16 & SH18 with direct access to main arterial routes, it presents a long-term yard option with various size configurations available.
Whenuapai is a well-established industrial hub of West Auckland, thriving off recent developments in the wider West Auckland area.
3,906sqm
As sole agents CBRE is pleased to present this clear span, tilt slab industrial warehouse for sublease. Available now, the site lends itself to a multitude of users that require a low-office, highwarehouse ratio. A optimal ratio of this quality within Auckland’s premium industrial hub.
East Tāmaki is regarded as one of New Zealand’s premier industrial suburbs and is highly sought-after by industrial occupiers due to the connectivity advantage it holds given its proximity to the Southern Motorway and other key industrial hubs. East Tāmaki is located only 19km to Auckland CBD and Port, allowing for ease of access to major roading, infrastructure and high-quality amenities.
Available soon, this brand-new distribution centre is available to lease with two sized options. Full site option (14,445sqm), boasts a 10,138sqm warehouse with a 13.1 metre ridge height with six roller doors which open directly to a 3,817sqm breezeway, perfect for efficient storage use and container-friendly activities. Flexible leasing options are also available to suit tenant requirements with a 3,600sqm option also available.
Drury is set to become the next major industrial hub in Auckland, with excellent access two state highway interchanges, providing access to all major North Island markets. Just 15min from Wiri Inland Port and 20min from Auckland Airport, it’s the perfect staging point for your business.
3,000sqm
This A-Grade industrial will not last long on the market. The site boasts a high stud, clear span warehouse; accessible via multiple roller doors connecting to a 1,400sqm drive through breezeway that provides all weather loading and storage ability.
Located in the Airport Precinct, New Zealand’s most connected business location, ideally positioned on the doorstep of the country’s premier transport hub – Auckland Airport, and only minutes from New Zealand’s largest city. The area benefits from enhanced staff amenities and improved infrastructure linking it to SH20, SH1 and SH16. Being New Zealand’s leading mixeduse business district it is a focus for local, multi-national and international occupiers.
Available now, this opportunity to purchase or lease 9,629sqm of warehouse space across two facilities in Henderson. This is a rare opportunity in a tightly held industrial market with less than 1% vacancy rate.
This highly-sought-after location benefits from it’s close proximity to Lincoln Road, combined with great access to main arterial routes connecting the Western suburbs of Auckland. These clear span warehouses are both available with flexible options to suit a variety of users.
Available for lease, this modern industrial facility lends itself to a multitude of users that require a low office (216sqm), high (1,319sqm) warehouse ratio, scarce ratio of such high-quality in this sought-after location. The site also benefits from a 297sqm shared container friendly yard and a fully sprinklered warehouse with seven on-site car parks.
Penrose is an established industrial hub within central Auckland. The region consists of a mix of ‘Light’ and ‘Heavy’ zoning which in turn attract a range of industrial sectors. Penrose has excellent access to both SH1 & SH20 and is located within 14kms of both the Auckland CBD and Auckland International Airport. Penrose benefits from the newly opened Waterview Tunnel connection providing efficient access to the CBD.
www.cbre.co.nz/SAK100602
9 metre to 10.5 metre stud height
Fully sprinklered warehouse
Container-friendly yard
Alex Hopkinson 021 071 5244
alex.hopkinson@cbre.co.nz
Henry Smit 027 881 3462 henry.smit@cbre.co.nz
23 O’Rorke Road, Penrose
1 & 2
Alex Hopkinson
021 071 5244 alex.hopkinson@cbre.co.nz
Henry Smit
027 881 3462 henry.smit@cbre.co.nz
CBRE is pleased to present this pristine Penrose industrial facility for lease. The site offers a high stud clear span warehouse of 1,348sqm. Complimented with 544sqm of office space. Additionally, there is a well-appointed 107sqm canopy with 31 car parks on site. The site is strategically located just minutes from SH1 on/off ramps with ease of access to main arterial routes and only a mere 5-minute walk to Penrose Station.
www.cbre.co.nz/SAK100600
Alex Hopkinson
021 071 5244
alex.hopkinson@cbre.co.nz
Claus Brewer
021 656 650 claus.brewer@cbre.co.nz
62
This is a rare opportunity to sublease approx. 4,000sqm of A-Grade warehouse in Mount Roskill’s latest industrial developments. Alongside the warehouse, the site offers a low 20sqm office ratio and 800sqm sealed yard. The facility is in exceptional proximity to main arterial routes with excellent amenities nearby. Located in tightly held retail and industrial precinct of Mount Roskill, within 14kms of Auckland CBD and Auckland International Airport.
www.cbre.co.nz/SAK100743
At 490 hectares, Ruakura Superhub is one of Aotearoa New Zealand’s largest multi-use developments, all within easy access to and from the Waikato Expressway. The Superhub offers options; lease 1,000sqm+ at the Te Ipukura units, get flexible metalled yard solutions up to 8,000sqm or enquire for design build solutions.
Pre-committed tenants include household names such as Kmart, Maersk, PBT and Big Chill. Located at the nexus of the golden triangle between Auckland and Tauranga, the Superhub is anchored by an inland port and will include logistics, industrial, commercial, retail, green space, and residential living options.
Ruakura Superhub is 4km from the Hamilton CBD and broadly equidistant from the cities and seaports of Auckland and Tauranga.
Te Ipukura Warehouse Units Area
Warehouse 2 1,000sqm
Warehouse 3 1,000sqm
Warehouse 4 1,000sqm
Yard Space: Aka Matua Lane
Area Type Area Size
Yard 8,000sqm
Claus Brewer
021 656 650 claus.brewer@cbre.co.nz
Kate Martinus 021 295 2171 kate.martinus@cbre.co.nz
www.cbre.co.nz/SAK100401
Design and Build Options
Enquire for more information
Close proximity to Waikato Expressway
Secure site or a turn-key facility
Benefit from Inland Port network within the Superhub
Located only 4km from Hamilton
Dedicated wetland development and sustainability initiatives
An exceptional leasing opportunity has emerged for businesses seeking a presence in the brand-new ESR Wiri Industrial Estate, with immediate occupation making a timely chance for interested parties to secure their place in this premier industrial hub.
Building 7, situated on the last remaining 4.2 hectare (approx.) lot offers a state-of-the-art facility designed for optimal efficiency and modern business operations by global logistics and data centre real estate developer ESR.
Developed between 2020 and 2024, the Wiri Industrial Estate spans approximately 23.9 hectares and boasts a 4-to-5-star green rating, reflecting its commitment to sustainability and energy efficiency.
Building 7 features a 22,322sqm (approx.) high stud warehouse with a 16.7-metre ridge height, strategically designed for efficient truck movements, cross-docking and racking capabilities.
The facility includes two dock offices, and its truck entry off Puaki Drive provides direct access to the facility’s east and west heavy-duty hardstands.
“This design accommodates both reverse and side unloading/loading in front of the 11 on-grade roller shutter doors, all sheltered by 15-metre-wide canopies on both sides. Trucks can exit onto Langley Road, ensuring smooth traffic flow and avoiding site congestion.”
Alongside Bayleys, CBRE’s Claus Brewer and Paul Steele are the appointed joint sole agents marketing this leasing opportunity. “For an occupier seeking to expand or colocate operations into 22,000sqm this is the only newbuild solution available for immediate occupation in the market”. Brewer says.
The office’s car park area has 75 spaces with its own entry and exit for cars only, providing streamlined flow for staff vehicles.
“Site configuration is critical in today’s market and Building 7 offers an excellent solution.” says Steele.
Hilton Foods, a key tenant, supplies packaged meat to Woolworths supermarkets across Australia and New Zealand, utilising an interlinked airbridge to streamline logistics and reduce truck movements.
Martin Bower, another significant tenant, operates a storage and distribution centre for McDonald’s, featuring facilities for freezer, chiller, and ambient storage.
Woolworths facility, spanning 21,160sqm (approx.) is fully operational and supports the supermarket’s fresh food production and distribution needs.
The occupier profile is market-leading for the Wiri precinct” says Steele.
“This is the only opportunity of its size in the market ready for occupation and presents a best-in-class outcome for an occupier seeking to grow or co-locate into a prime-grade footprint.” says Brewer.
Spedding Road, Whenuapai Estate
Expecting availability from Q2 2027, this exceptional six hectare of prime greenfield land in Auckland’s Northwest hits the market. Offering multiple warehouse options of up to 10,000sqm with the opportunity for Design and Build packages, the development will target a 5 Green Star Rating and consist five modern, highspec warehouses with a stud height of 12.5 metres to the knee, combined with six office spaces ranging between 450sqm to 1,300sqm and canopy, yard and breezeways from 1,620sqm to 3,250sqm.
The development is positioned with easy access to the North Western and Upper Harbour motorways and in close proximity to local retail amenities. The Auckland Council has also committed to invest in extensive infrastructure upgrades to support the growth of the wider area in the coming years.
www.cbre.co.nz
Claus Brewer 021 656 650 claus.brewer@cbre.co.nz
Luke Goldstone 021 147 7400 luke.goldstone@cbre.com
Alex Divers
021 715 385 alex.divers@cbre.co.nz
Available for lease, this warehouse and office facility in Mount Wellington. Strategically positioned next to SH1 and Sylvia Park, this site contains 52 car parks and a 972sqm drive through canopy. Complemented with ample roller doors to allow for efficient business operations, making this site highly suitable for a range of industrial users.
Mt Wellington is the pre-eminent industrial location in Auckland being only a 15-minute drive from the CBD, with the option of two motorway interchanges and high volume traffic arterials in addition to its close proximity to main sea, air and freight ports.
Office and yard areas can be sized to suit.
43
4,754sqm
Available now, this industrial opportunity in Mount Wellington offers both affordable warehousing and flexible lease terms. The site boasts a total net lettable area of 6,913sqm, consisting of a 4,754sqm warehouse with 213sqm of office space.
The site benefits from an expansive 1,224sqm breezeway and 5,840sqm sealed yard with container drop capabilities. Situated in a highly sought-after central location with excellent access to SH1 and main arterial networks.
CBRE is proud to present 5 Tiri Place for lease. Available in the third to fourth quarter of 2024, this is an exceptional opportunity to lease a 3,715sqm industrial facility in a central Auckland location. The site boasts a 1,160sqm warehouse, combined with another 1,600sqm warehouse.
The site is unique in the fact that it facilitates the ability to act as a dangerous goods store, with one already on-site. The site also offers 350kVA of power with potential for additional usage. A flexible settlement date can be negotiated to suit tenant requirements.
Mount Wellington is the pre-eminent industrial location in Auckland being only a 15-minute drive from the CBD, with the option of two motorway interchanges and high-volume traffic arterials in addition to its close proximity to main sea, air and freight ports. Furthermore, it boasts fantastic supporting amenities anchored by Sylvia Park Shopping Centre.
41-37 Carbine Road, Mount Wellington
Available now and located in the highly sought-after Mount Wellington Industrial hub, is this impressive 5,122sqm warehouse. The warehouse boasts a low office ratio and lends itself to a range of users that require a high proportion of warehouse space. Enhanced with three roller doors and a container friendly yard with the ability to unload six containers at a time.
Strategically located 9kms from Auckland’s CBD and 17kms from Auckland Airport, combined with two motorway interchanges and high-volume traffic arterials.
Nick Tyler
021 341 223
nick.tyler@cbre.co.nz
Alex Hopkinson 021 071 5244 alex.hopkinson@cbre.co.nz
www.cbre.co.nz/SAK100715
Boundary lines indicative only Container-friendly
63 on-site car parks Prime central location in an industrial hub Three roller doors Located only 9km from Auckland’s CBD
Located within the highly sought-after Mount Wellington industrial hub, is ideal for a range of industrial operators. Complemented with 1600sqm of warehouse and 200sqm of office space, the site presents an affordable option offering flexible lease terms. This makes it an excellent warehouse for bulk storage due to its high warehouse-to-office ratio. There is plenty yard space, to drop multiple containers.
Mount Wellington is the pre-eminent industrial location in Auckland being only a 15-minute drive from the CBD, with the option of two motorway interchanges and high-volume traffic arterials in addition to its close proximity to main sea, air and freight ports. Furthermore, it boasts fantastic supporting amenities anchored by the Sylvia Park Shopping Centre.
Available now is a large multi-space facility located in the highly sought-after Mount Wellington Industrial Hub. The site offers 8,711sqm of warehouse, flexible office, and up to 103 car parks. The site has great road frontage and is in close proximity to main arterial routes and minutes from SH1.
021 341 223
nick.tyler@cbre.co.nz Alex Hopkinson 021 071 5244
alex.hopkinson@cbre.co.nz
60 Roma Road
Mount Roskill
Available now is a brand new, A-Grade, high-stud warehouse located in the tightly held logistics precinct of Mount Roskill.
Alongside the 3,855sqm warehouse, the site has 450sqm of office, 886sqm of yard space, and 28 car parks. There is also great proximity to local amenities, public transport and cycle paths.
Surrounded by logistics and distribution businesses, Mount Roskill is conveniently situated near key transport links such as State Highway 20 and the Waterview Tunnel, as well as being within 14kms of both the Auckland’s CBD and Auckland International Airport.
Claus Brewer
021 656 650 claus.brewer@cbre.co.nz
Alex Hopkinson 021 071 5244 alex.hopkinson@cbre.co.nz
www.cbre.co.nz/SAK100613
Drive through 886sqm sealed yard
Close proximity to public transport and cycle paths
28 on-site car parks
3,855sqm warehouse
Close proximity to motorways and amenity
Mount Richmond Industrial, Mount Wellington
Available from Q1 2026 are five clear-span and high-stud warehouses ranging from 3,000sqm to 17,000sqm located in Mount Wellington, in a strategic industrial location near major arterial routes and state highways creating effortless commuting and logistics.
The industrial warehouse complex is 20 minutes from Auckland International Airport and close to transport hubs and retail services to offer your staff more opportunities.
The warehouses are designed to target a 6-star green star rating including solar panels, EV and truck charging capacity, and rainwater harvesting. Occupiers also can personalise their facility to promote character and originality.
Nick Tyler 021 341 223 nick.tyler@cbre.co.nz
Alex Hopkinson 021 071 5244 alex.hopkinson@cbre.co.nz
www.cbre.co.nz/SAK100421
to split
Claus Brewer 021 656 650 claus.brewer@cbre.co.nz
"...designed to
target a 6-star green star rating including solar panels, EV and truck charging capacity, and rainwater harvesting."
Targeting a 6 Star Green Star design and as-built rating
Solar panels
EV chargers installed, ability to add truck chargers
Rainwater harvesting and low-consumption water fittings throughout
Low carbon design materials and manufacturing processes
Available late 2024, this quality office to warehouse ratio space is available to lease. The warehouse boasts a stud height of 7.5 metres at the knee rising to 10.9 metres, combined with dual access, drive around capabilities and ample on-site car parking.
The site is zoned ‘Heavy Industry’, appealing to a range of users who require this zoning type to facilitate day-to-day business operations.
Options for the existing tenant to retain a large portion of the office space. Onehunga is a popular industrial hub in Auckland. The region consists of a mix of ‘Light’ and ‘Heavy’ zoning which in turn attract a range of industrial sectors. Onehunga has excellent access to both State Highway 1 and 20 and is located within 14kms of both the Auckland CBD and Auckland International Airport. Onehunga/Penrose benefits from the Waterview Tunnel connection providing efficient access to the CBD.
www.cbre.co.nz
Alex Hopkinson
021 071 5244
alex.hopkinson@cbre.co.nz
Henry Smit
027 8813 462
henry.smit@cbre.co.nz
CBRE is proud to present this A-Grade facility available for lease from December 2024. Located within the highly sought-after industrial location of Wiri, the property is situated on the eastern side of Ash Road.
The facility has undergone a full refurbishment which includes a high stud (8.27 metres rising) warehouse with multiple roller doors that open to an all-weather-proof 3,385sqm drive-though canopy. The site is also complemented by 218sqm of modern office space and a 1,152sqm container friendly yard.
The site’s close proximity to Auckland Airport and West Auckland has enabled the area to provide both logistics and manufacturing companies convenient access in all directions, making the Wiri Industrial Zone extremely sought-after.
Available now is this exceptional 10,000sqm clear span warehouse, boasting a a rising stud height between 10 to 12 metres, complemented by eight roller doors, combined with a modern 720sqm office/showroom suitable for a multitude of warehouse and showroom occupiers.
The site is zoned ‘Heavy Industry’ and is in close proximity to multiple public transport offerings and SH1 motorway on and off ramps, heightening the sites connectivity advantage and increasing occupiers’ efficiency.
021 656 650 claus.brewer@cbre.co.nz
Building 14, 1-9 Manu Street, Ōtāhuhu
7,118sqm
Available now is a modern 5,040sqm clear span warehouse with a stud height of 12 meters, and eight roller doors, located in the main industrial hub of Auckland. The site is complemented by large functional yard areas with drive around capabilities, an expansive canopy, and office space.
Situated in close proximity to main arterial routes and a mere 14kms from the CBD and Airport. The area contains a mix of both light and heavy zoning which attracts a variety of industrial users, suitable for a multitude of business needs.
224 Neilson Street, Onehunga
Warehouse A is expected to be operational by Q4 2025, with Warehouse B ready for early occupation from January 2025, with practical completion early 2025. These future-proof warehouses are conveniently and strategically located between SH20 and SH1 with proximity to an array of public transport links.
The location of the site also offers large road frontage, creating very high exposure for tenants. Neilson Street is one of the most highly-soughtafter streets in the Onehunga business district. Designed to reach a 6-star green star rating with aspects such as rainwater harvesting, EV and truck charging capacity, and is to be built with low carbon design and materials. The array of parking options on-site will appeal to businesses of all sizes.
Alex Hopkinson 021 071 5244 alex.hopkinson@cbre.co.nz
Henry Smit 027 8813 462 henry.smit@cbre.co.nz
Excellent access to both State Highway 1 and 20
Close proximity yo public transport links
Targeting a 6-star green rating
Warehouse A to be operational by Q4 2025
Warehouse B is due for completion early 2025
86B Plunket Avenue, Manukau
Available now is this rare opportunity to lease 10,475sqm* of highly sought-after, cost-effective warehouse space in Manukau. The warehouse has multiple roller doors and has an optimal warehouse to office ratio.
This site takes advantage of its close proximity to both SH1 and SH20 on ramps, and has great drive-through truck access.
The site also offers 3,067sqm of fully-fenced yard space and 10 car parks. The office is modern and air-conditioned, and there is also a café on-site.
*Warehouse can be split to suit from approx. 3,500sqm.
Paul Steele
021 494 111 paul.steele@cbre.co.nz
Claus Brewer 021 656 650 claus.brewer@cbre.co.nz
www.cbre.co.nz/SAK100558
Car Parks
Designated truck access
Drive through capabilities
Fully fenced and secured site
Sought-after warehouse-to-office ratio
Modern office space
Wiri Logistics Estate, Wiri
This prime industrial property is available now as the last remaining 4.2ha lot within the prominent LOGOS Wiri Logistics Estate. The 22,342sqm high stud warehouse has been strategically designed for efficient truck movements, cross docking and racking capabilities including two dock offices.
This brand-new facility is available for immediate occupation; boasting a 16.7-metre roof ridge height with 11 roller doors, sheltered by 15-metre wide canopies on both sides enables access for both cars and truck operations via Puaki Drive. The design allows for trucks to exit onto Langley Road avoiding site traffic congestion.
Claus Brewer 021 656 650 claus.brewer@cbre.co.nz
Paul Steele 021 494 111 paul.steele@cbre.co.nz
www.cbre.co.nz/SAK100656
Available for immediate occupation Footprint flexibility
Close proximity to main arterial routes
Flexibility to accommodate users up to 80,000sqm
Available now, this rare opportunity to lease a 3,250sqm warehouse space in Manukau. Situated in the M20 Business Park, this modern industrial site consists of a clear-span warehouse, generous 1,187sqm concrete yard area and 300sqm office. The site is gated and secure, located in close proximity to SH1 and SH20. This location is highly sought-after due to Manukau being one of the fastest growing commercial zones in Auckland. Benefiting from the large Manukau labour force and efficient access to main arterial routes, providing logistics and manufacturing companies convenient access in all directions.
Vinay Patel 021 38 25 25 vinay.patel@cbre.co.nz
6,820sqm
Available now, this exceptional 6,762sqm warehouse facility for lease. The site lends itself to users that require a high warehouse ratio with minimal, but sufficient office space.
Combined with a generous 4,324sqm drive-through sealed yard suitable for container de-vanning at the front and side of the building.
Situated in the highly sought-after Industrial Hub of Wiri, this site has great access to both SH1 and SH20, enabling efficient business operations for logistics and manufacturing operators.
Get in touch with one of our agents today to grasp this great opportunity.
The re-emergence of some vacancy in the industrial property market this year is opening up more options for occupiers searching for premises, following years of extremely low vacancy since the Covid pandemic.
While vacancy remains tight, the trend towards slightly more available space is resulting in a more functional market for occupiers, especially at the prime end of the quality range.
CBRE’s latest research shows a slight rise in industrial vacancy in all three main centres since the end of 2023. While small, the uptick in vacancy is enough to signal a shift in market dynamics in favour of occupiers, although the overall vacancy rate is still very low around the country on historic measures.
Claus Brewer, National Director of Industrial & Logistics at CBRE said occupiers now have a little more breathing space when considering their opportunities.
“There’s now more choice emerging in the market when it comes to premises size, location and availability. Depending on the strength of the occupier and the lease structure we are seeing tenants being incentivised to commit to industrial property.”
More space is also becoming available on a subleased basis, as some occupiers look to shrink their physical footprint and rationalise property costs as the Covid-era boom diminishes.
This has resulted in subleasing becoming a particular area of opportunity, Brewer said.
“The emergence of more sublease space alongside slightly higher vacancy in general across the market is giving rise to a wider range of opportunities for occupiers. We’re seeing particular interest among many occupiers in taking subleased property, which often provides flexibility around the amount of space occupied, timing of occupation and lease length.”
The rise of subleasing can be traced back to the rapid expansion of the logistics & warehousing sector during and after the Covid pandemic. The sector was forced to operate on a ‘just in case’ basis, holding more inventory to safeguard against high container and shipping costs and the unreliability of supply. Faced with the immediate need for more space, many of the major players leased additional space in order to continue to service their customers adequately.
This resulted in vacancy contracting to almost zero in Auckland and Christchurch, leaving very few options for occupiers searching for new premises.
With the subsequent impact of high interest rates on household incomes and more subdued economic conditions,
the logistics sector is reverting back to a balance between ‘just in time’ and ‘just in case’ models, holding less inventory locally as global supply chains and shipping costs normalise. This shift in the market means many occupiers have now found themselves left with larger than optimum property footprints, said Brewer.
“This has kicked off the current trend among tenants to sublease excess space, as they seek to rationalise their property costs and achieve greater efficiency in their use of property.”
Research figures show slight shift towards occupiers’ market
CBRE Research’s latest figures show higher vacancy and increased incentives in the industrial market, indicating a shift in the market in favour of occupiers.
Auckland:
Industrial vacancy rose from 0.5% at the end of 2023 to 1.0% in June 2024, equivalent to 70,000sqm more vacant space across the city’s industrial areas.
This was primarily driven by occupancy consolidation, backfill vacancies emerging as tenants move, and the completion of new speculative builds.
Net absorption (the change in the amount of occupied space) has now lagged net supply of space since the first half of 2023, said Zoltan Moricz, CBRE’s Executive Director of Research.
“While net absorption of industrial property is still positive, it has moderated from the Covid-related boost of the past three years. The fact that net supply of space has now edged ahead of net absorption signals a gradual softening in the industrial market.”
Face rents have been largely stable so far in 2024, but more incentives offered for strong covenants and longer lease terms.
“Landlords, along with some developers, are willing to provide higher incentives to ensure good occupancy levels. We forecast incentives are likely to continue to be a feature of the market into 2025.”
The up tick in the vacancy rate that has emerged this year in Auckland is also expected to persist through to the end of 2025, with around 80% of the new stock expected to enter the market this year pre-committed.
“This vacancy and rental outlook will be welcome news to occupiers who have been struggling to find suitable industrial space in Auckland in recent years. However, it’s important to note that while we forecast a gradual moderation in vacancy and rents from the levels of the past few years, with more opportunities for occupiers, prime industrial property is still expected to continue to perform well compared with long-term metrics,” said Moricz.
Vacancy also began to rise in the first half of 2024 from extremely low levels over the past year and a half.
Several tenants have downsized their footprints because of diminished customer demand and consolidation. Vacancy is now 1.4% as at June 2024, up from 0.6% in the second half of 2023.
Notably, demand for industrial space in Christchurch has become more subdued, combined with an emergence of occupiers subleasing part of their premises and large companies downsizing for the time being.
Vacant space emerging in the market has become more noticeable in the second half of this year as some occupiers relocate to new purpose-built assets, as well as disposing of surplus footprint.
Rents were stable in Christchurch in the second quarter of 2024, after a few years of gradual growth.
The industrial market is displaying stronger trends than both Auckland and Christchurch, with stable to increasing face rents and zero vacancy in A-Grade properties illustrating the continuing high demand for quality industrial space. New supply remains active.
The industrial market was the only commercial property sector in Wellington to see positive rental growth in the second quarter of 2024. Prime gross effective rents were up by 3.8% compared with a year earlier, while incentives have held steady for more than four years.
With the recent shift in the industrial market signalling increased opportunities for businesses looking to move, occupiers are advised to consult experts who know the market, whether they are looking to sublease excess space or move, said Brewer.
“The market is becoming more active but subleasing opportunities may not always be advertised. Working closely alongside an agent or consultant who has close relationships with the landlords and tenants in their market is a key advantage in helping occupiers capitalise on upcoming opportunities to achieve optimum use of industrial property.”
We are experiencing a positive change in sentiment post the recent shift in the official cash rate. Our markets can change quite quickly given their scale and ensuring you are being proactive with your occupancy strategy remains key.
Rental in the Wellington Region is climbing steadily. This is driven by low stock, high demand and increased OPEX. Occupiers are renewing in less desirable locations due to the lack of stock across Wellington.
Vacancy rates are low across the region, with good stock being occupied long term. The market is seeing an influx of small spaces that are not usable for small to medium size industrial operations and most areas are tightly held.”
Boasting great natural light throughout, this 925sqm warehouse, close to Wellington’s CBD, port and motorways will suit a range of occupiers.
The warehouse with a 6.5-metre stud height is accompanied by a 105sqm showroom accessed directly from Hutt Road, presenting opportunity for your businesses signage on a busy road. With spaces this size far and few between, this city fringe opportunity ticks all the boxes.
Kane Kingston 022 124 7004
kane.kingston@cbre.com
Signage opportunities to showcase your business
Frontage and exposure on Hutt Road
Close proximity to main arterial routes
6.5-metre stud height warehouse
Close to the port and Wellington’s CBD
2-20 Port Road, Seaview
This property features an impressive 993sqm of clear warehouse space, complemented by a spacious 200sqm yard, ideal for various operational needs. Additionally, there is a convenient 18sqm office area, providing a functional workspace.
Located in a prime area, this facility offers competitive rental rates, making it an attractive option for businesses. The property will be available for occupancy in January 2025, presenting an excellent opportunity for prospective tenants. www.cbre.co.nz/WGN100355
Available January 2025
Convenient and compact 18sqm office
Located in the popular area of Seaview
With 371sqm of clear-span warehouse space, 22 Kingsford Smith Street offers many possibilities for your business operations. Including a 85sqm yard and a four-metre electric roller door for smooth logistics and deliveries.
Strategically located on a bustling road, this site guarantees high visibility, and excellent signage opportunities to further boost your brand presence. With neighbouring tenants like Bunnings and CityFitness, you’ll be in good company. For your administrative needs, a small office is also included on-site. Don’t miss this opportunity to enhance your business potential.
The industrial vacancy rate has increased recently, although it remains well below the long term average. We have seen increased vacancy in larger warehousing footprints as the logistics market has slowed and consolidated.
Warehousing rents have generally plateaued after sustained increases driven by construction costs and land prices, speculative development has decreased due to the limited activity.
This vacant distribution facility in South Hornby, Christchurch is ready to meet the demands of a new occupier. Currently fully racked out, providing 5,300 pallet spaces up to a knee height of 9.5 metres. The building design also includes administration and operation offices, an upstairs café, and excellent amenities for staff, with excellent truck circulation, and sealed yard for containers, this is a must view for any growing 3PL business. Anchorage Road is well-positioned off Halswell Junction and Shands Road, in the sought-after area of South Hornby, Christchurch.
5,300 pallet spaces
Currently leased at $780,000pa + GST
OPEX: $105,000pa + GST
Designed for large-scale manufacturing, fabrication or distribution, this property provides workshop or production space over four bays, with excellent access via six container-high doors, gantry crane rails and up to 750Amps of three-phase power to the mainboard.
A single-level office block is positioned at the front of the building facing the front car park. This property enjoys excellent road frontage and access onto Vickerys Road and is located in Wigram Christchurch.
This near new prime property provides modern warehousing with open-plan, glass-partitioned offices, a generous staff café, amenities and yard space on both sides of the building, making this a very versatile property. The design includes cantilevered canopies and excellent high roller doors access through the building.
The warehouse has sprinklers and a stud height of 8 metres at the knee, rising to 9.7 metres at the apex. This is another excellent property located in the sought-after area of South Hornby, Christchurch.
Unit 1
Office/Amenities 299sqm
Canopies 264sqm
Car Parks 15
Unit 2
www.cbre.co.nz/CCH100349
Car Parks 11
Nathan O’Neill
021 288 2707
nathan.o’neill@cbre.co.nz
Scott Bentley
027 203 3310
scott.bentley@cbre.co.nz
44 Mandeville Street, Riccarton
This centrally located warehouse facility is well-positioned in Riccarton, just off Blenheim Road and adjacent to the Tower Junction retail complex. The property comes to the market for the first time in approximately 20 years and provides an opportunity to position your business close to your customer base. With a very favourable office-to-warehouse ratio, this property provides a cost-effective warehouse option in a central location.
www.cbre.co.nz/CCH100597
9 Commerce Crescent, Islington
The opportunity is to work with a highly regarded developer to create your premises requirements. There are a multitude of options for the site, including drive-around access. Adjoining this lot is an efficiently designed building currently under construction, which comprises a high stud warehouse and serves as a blueprint for what can be achieved on this site.
www.cbre.co.nz/CCH100596
Nathan O’Neill
021 288 2707 nathan.o’neill@cbre.co.nz
Hamish Clarke
021 960 655 hamish.clarke@cbre.co.nz
15 Sir James Wattie Drive, Hornby
This prime, fully-racked, distribution-centre has been designed for Fast Moving Consumer Goods ‘FMCG’. The building boosts a 12,000 pallets capacity up to 12-metre knee height. The warehouse has brand new LED lighting, a wide drive-through canopy and quality administration offices over two levels. Located in Hornby, this property offers a lot for any growing distribution business servicing Christchurch and the South Island.
Warehouse 6,624sqm
Office 1,432sqm
Canopy 1,944sqm
Dispatch Office 70sqm
Nathan O’Neill
021 288 2707
nathan.o’neill@cbre.co.nz
Scott Bentley
027 203 3310
scott.bentley@cbre.co.nz
www.cbre.co.nz/CCH100503
Warehouse (racked) 6,500sqm
Enclosed
Office
Office
Nathan O’Neill
021 288 2707
nathan.o’neill@cbre.co.nz
Scott Bentley
027 203 3310
This highly sought-after A-Grade logistics warehouse offers ambient warehousing space to a knee height of 10.5 metres, with temperature-controlled space of 800sqm* built within. Designed with efficiency of movement in mind, the warehouse has large tunnel canopies on both sides, quality offices with well-appointed staff café and amenities, as well as 37 on-site car parks. A quality building located in Hornby, Christchurch.
scott.bentley@cbre.co.nz www.cbre.co.nz/CCH100502
Workshop/Warehouse 283sqm & 297sqm
Offices and amenity 43sqm
Total area 357sqm & 359sqm
Hamish Clarke
021 960 655 hamish.clarke@cbre.co.nz
15
This new A-Grade facility (completed in October 2023) presents the opportunity to sublease 2,000sqm+ with a studheight of 12 metres to the knee, in a highly efficient logistics warehouse. Flexible occupation options are on offer to suit your requirements. The facility is located within Dakota Park, Christchurch Airport’s 80-hectare freight and logistics precinct with direct air and land connections. Neighbouring tenants include; Ebos, Iron Mountain, NZ Post, CourierPost and Freightways. Christchurch city centre is just 20 minutes away with direct access onto State Highway 1.
48 Kingsford Smith Drive, Rangiora
48 Kingsford Smith Drive is located in Rangiora Business Hub, close to main arterials and transport links. Positioned on a northfacing corner site, both units are built to a high standard, and are equipped with a bathroom, kitchenette, and signage options on the façade. Additionally, there is a designated parking space for each unit. Available at the end of Q1 2025.
www.cbre.co.nz/CCH100594
Hamish Clarke
021 960 655 hamish.clarke@cbre.co.nz
Claus Brewer
021 656 650 claus.brewer@cbre.co.nz
www.cbre.co.nz/SAK100663
123 Iport Drive, Rolleston
These units will be built to the highest standards, located in the thriving IPORT Business Park, just a 15-minute drive to Christchurch. Situated on a north-facing lot, the property offers excellent positioning. The units also offer the flexibility to customise office layouts and add extra roller doors if needed. Six metre knee with clear span warehouse.
Brigit Hamilton 021 353 341 brigit.hamilton@cbre.co.nz www.cbre.co.nz/CCH100595
Hamish Clarke 021 960 655 hamish.clarke@cbre.co.nz
car parks
Scott Bentley
027 203 3310 scott.bentley@cbre.co.nz
12 Lock Crescent, Hillsborough
This exceptional industrial property offers a modern clear-span warehouse, complemented by an excellent front office, with good access and on-site car parking. The landlord has recently completed an office refurbishment, you can look forward to a fresh and updated space that meets your business needs.
www.cbre.co.nz/CCH100439
This near new industrial property enjoys a north-facing site in the recently developed area within IPORT Business Park.
The warehouse is a medium height and includes two roller doors. The location provides easy access to SH1 and the inland port.
5 Coleridge Street, Sydenham
The recently refurbished building is in excellent condition and offers a range of spaces including showrooms, offices, a large mezzanine area, and a spacious warehouse. The property also includes secured on-site car parking with a sealed yard.
www.cbre.co.nz/CCH100490
Hamish Clarke
021 960 655 hamish.clarke@cbre.co.nz
www.cbre.co.nz/CCH100608
Scott Bentley
027 203 3310
scott.bentley@cbre.co.nz
Scott Bentley
027 203 3310
scott.bentley@cbre.co.nz
Brigit Hamilton
021 353 341
brigit.hamilton@cbre.co.nz
Ground-floor showroom/ warehouse 215sqm
Level 1 office/amenities 60sqm
Car parks 5
Brigit Hamilton
021 353 341
brigit.hamilton@cbre.co.nz
Positioned conveniently on the prominent corner of Antigua Street and Disraeli Street, this industrial property offers excellent visibility and easy access. With its versatile layout and essential amenities, it caters to the diverse needs of businesses. The well-configured space features a warehouse with convenient rear access, along with an additional mezzanine that can be utilised for office space or extra storage.
www.cbre.co.nz/CCH100532
Ground-floor showroom
Level-one office 385sqm
Car parks 21
Brigit Hamilton
021 353 341
brigit.hamilton@cbre.co.nz
526 Blenheim Road, Sockburn
This modern gem is located on high-profile Blenheim Road offering fantastic access to the CBD and main arterial routes, with exposure to over 33,000 cars passing daily. The 541sqm clearspan, high stud warehouse features two container-height roller doors, making loading and unloading a breeze. With 21 on-site car parks, convenience is at your fingertips.
www.cbre.co.nz/CCH100468
Waterloo Road, Hornby
The opportunity is to sublease 852sqm of clear span warehouse space for storage, which forms part of a larger industrial property. The warehouse areas are clean and well-maintained, each featuring office and amenities spaces. This space benefits from a canopy, multiple roller doors, and provides drive-around access to the property.
Hamish Clarke
021 960 655 hamish.clarke@cbre.co.nz
1 McAlpine Street, Wigram
This functional warehouse with a large yard with north-facing offices is located on the corner of McAlpine Street and Jipcho Road in the popular industrial area of Wigram. The location provides excellent access to the Southern Motorway and main arterial routes through to the Lyttelton Port.
www.cbre.co.nz/CCH100414
www.cbre.co.nz/CCH100510
Nathan O’Neill
021 288 2707
nathan.o’neill@cbre.co.nz
Hamish Clarke
021 960 655
hamish.clarke@cbre.co.nz
Can’t find a property that meets your requirements ?
CBRE experts act on behalf of tenants for all their industrial and logistics property requirements throughout New Zealand.
We use our deep relationships with landlords to provide access to the right space and properties, negotiate in your best interests to secure favourable lease terms, and create efficiencies and value that delivers results for your business.
Take the first step to finding your ideal space by contacting CBRE’s Industrial & Logistics team today.
cbre.co.nz/industrial
