LOGISTICS companies Logos and Mainfreight are partnering to develop a cross-dock warehouse at Moorebank Logistics Park in Sydney’s south-west.
The logistics park (MLP) is Australia’s largest logistics warehousing and infrastructure development project, and Mainfreight provides supply chain services including air and sea freight.
The new 55,800 square metre facility will be designed to comprise warehouse and office space with integrated state-of-the art technology to achieve Green Star certifications. It is expected to be leased for an initial 150-year term.
Logos said the facility will also incorporate sustainability initiative such as rainwater harvesting to drinkable standards, recycling and waste management systems and a solar power system.
Logos and its consortium partners AustralianSuper, AXA Investment Managers, Ivanhoé Cambridge and NSW Treasury Corporation acquired the logistics park site for $1.67 billion in December 2021.
The facility is reportedly the first new tenant commitment following acquisition and joins existing large occupiers at the estate including Woolworths, Qube logistics and Caesarstone.
Darren Searle, Logos’ head of Australia and New Zealand, described Mainfreight as a likeminded partner that shares the company’s commitment to supply chain stability, site design and operational efficiency.
“This partnership will enable Mainfreight to leverage the unique value provided by MLP, including its connectivity to key freight corridors and import-export trade routes to support their global network of supply chain logistics solutions,” Mr Searle said.
He said Mainfreight’s longer-term commitment was reflective of rising demand for high-quality warehouse space and logistics facilities as supply chain operators look to diversify bases in response to distribution challenges and structural trends accelerated by the pandemic.
“We have the unique opportunity at MLP to significantly reduce freight vehicle movements across Sydney and the broader interstate road network by reducing the number of trucks on the roads and increasing reliance on sea freight,” Mr Searle said.
“Once MLP is fully developed, this will translate to the reduction of greenhouse gas emissions by up to 110,000 tonnes of CO2 per year – the equivalent of taking more than 25,000 cars off the roads every year.”
Mainfreight property manager Martin Wierzbicki said the company was pleased to partner with Logos to develop the facility.
“The connectivity, efficiency and intermodal capability provided by MLP is unmatched and we look forward to benefiting from the significant cost-advantages associated with improvements to supply chain predictability and rail-to-port connectivity,” he said.
And Rob Stendrup, head of Moorebank, said Logos is also speculatively developing a warehouse adjacent to the Mainfreight commitment, providing an additional 56,000 square kilometres of industrial space to the market.
“The warehouse is being built concurrently and available to lease from June 2023 as either split tenancies or for a single contiguous occupier,” he said.
Construction of the Mainfreight facility commenced recently with completion scheduled for the second quarter of 2023.
