Local occupier, Alclad Architectural, doubles their footprint in sought-after industrial precinct.
Colliers is pleased to announce the successful off-market leasing of a 5,299 sqm warehouse in Tullamarine to Alclad Architectural on behalf of Frasers Logistics & Commercial Trust. The transaction was completed ahead of a formal marketing campaign, underscoring the robust demand in Melbourne’s north-west industrial market.
Local occupier, Alclad Architectural, sought the property to facilitate their operations and marks a significant expansion for Alclad Architectural, who have nearly doubled their footprint within the airport precinct.
The warehouse boasts functional, high clearance space with ample corporate office amenities and is strategically located near Melbourne Airport and several major arterial roads.
Nick O’Brien, Colliers National Director | Industrial & Logistics, commented, “The property was leased off-market before the on-market campaign even commenced which highlights the strength of the Tullamarine precinct where effective rents have growth more than 20% over the past 12 months.”
Mitch Purcell, Colliers Associate Director | Industrial & Logistics, added, “Despite several economic headwinds that have affected headline vacancy figures across the majority of submarkets in Melbourne, the Tullamarine precinct has maintained a compressed vacancy profile, whilst also experiencing significant effective rental growth in 2024/2025 compared to other Melbourne North submarkets.”
“The transaction highlights the continued strength and appeal of the Tullamarine precinct for businesses seeking strategic locations with excellent amenities and connectivity,” Mr Purcell added.
Related Articles
