20/05/21
ESR Australia adds 56,000sqm to its logistics portfolio with pre-commitment from two anchor tenants at $320m Horsley Logistics Park
20 May 2021: ESR Australia adds 56,000sqm to its logistics portfolio with pre-commitment from two anchor tenants at $320m Horsley Logistics Park
ESR Australia has secured Jalco Group (“Jalco”) Australia, a wholly owned subsidiary of PACT Group (PACT), and a large US Package and Supply Chain Management Company as anchor customers to the first phase of Horsley Logistics Park
Both tenants have signed long-term leases, taking up a total of 36,000 sqm of warehouse space
The deals reflect an increasing demand for local manufacturing, distribution, and temperature-controlled warehouses in strategic locations.
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