ISPT delivers new warehouse at Charles Sturt Industrial Estate
ISPT has achieved practical completion of building 6 at Charles Sturt Industrial Estate, a premium estate in Adelaide’s northwest. We welcome a new customer to their home in the estate, having pre-committed to 3,829 sqm.
A big year for Adelaide
The completion of building 6 forms part of 18,500 sqm of warehouse accommodation delivered across 4 buildings in 2021, via a combination of pre-lease and speculative development. An additional 17,000 sqm of lease commitments have been finalised across 4 tenancies in the last 18 months.
Tim Jackson, Acting General Manager of Logistics & Warehousing said,
“We’ve made great progress at Charles Sturt Industrial Estate in 2021, with high volumes of leasing deals in both new development and existing accommodation. Customers are attracted to the high-quality location afforded by the estate, and we continue to capitalise on this strong demand. As always, we’re working closely with our customers to deliver optimal accommodation outcomes that support their current and future business objectives.”
ISPT is seeking customers for 18,200 sqm of warehouse accommodation to be delivered in the estate, across multiple development stages. This is one of 9 estates and 200 ha currently under development across the portfolio.
