Port West Industrial Estate announces major new lease

The Port of Brisbane has confirmed the relocation of a locally-headquarted and full service international freight and landside logistics company.

That company, Wallace International, will relocate to Port West Industrial Estate at Lytton reportedly on a ten year lease for a 2.22 hectare site.

Built to Wallace International’s specific requirements, the facility will comprise an 8,982sqm warehouse, 1,000sqm office space, 73 car parking bays, sunken docks and a dock office.

The development will also work towards achieving a 4-star, Green Star equivalent design – standard for all new PBPL property developments – and will include sustainable design elements including LED lighting, irrigated landscaping, water tanks and a 100kW solar system.

Wallace International will join six other global and national port-related businesses including Bunnings and Fisher & Paykel, with a new facility for Team Transport currently under construction.

Construction and fit-out is expected to commence mid-2021 and is anticipated to complete by end-2021.

PBPL CEO, Roy Cummins, welcomed Wallace International to the port community and said the move to Port West would bring substantial operational and logistics benefits.

“Located only 6km from the Port’s terminals and wharves, Port West is highly sought after industrial land and our teams have worked collaboratively to design a facility that will serve Wallace International’s operations now while positioning them strongly for the future,” he said.

“This speaks to our strong track record of working with customers to design and deliver bespoke solutions on large greenfield sites – a unique advantage for businesses looking to be closer to the action,” said Cummins.

“Like Wallace International, Port of Brisbane offers its customers an end-to-end service, with a streamlined, in-house development application and approvals process, project design and delivery and, of course, on-going professional property management services.”

In Australia, Wallace International offers its clients an integrated solution to their import and export needs with wharf to door deliveries using its own fleet of specialised trucks and trailers.

“We have outgrown our facilities at Morningside and the proximity of Port West being close to the Port enables us to continue growth while enabling us to provide economical personalised service to our clients.” said Bob Wallace, Wallace International Managing Director.

The deal was negotiated by Cushman & Wakefield’s QLD Head of Industrial, David Gibson.

“Consolidation is a common theme among tenants in the market at present,” he said.

“Now more than ever, we are seeing businesses focus on increased operational efficiencies through building design and location. This deal with the Port of Brisbane and Wallace International is a perfect example.”

The facility will be designed by SPARC Architects.