Salta Properties has secured flooring manufacturers, Australian Select Timbers (AST) as a tenant at Nexus Industrial Estate on Portlink Drive in Dandenong South.
AST has taken residence in the 85 Portlink Drive development, which was speculatively built on the estate. With a total gross area of 7,028 sqm, comprising of a 664 sqm two level office, a 6,364 sqm high clearance warehouse, 4 RSDs and 2 recessed loading docks.
Salta Properties Managing Director, Sam Tarascio welcomed AST as its latest tenant at the industrial precinct and highlighted the importance of creating spaces that support high performing tenants.
The agreement with AST is the first for our two speculative warehouses and reinforces Salta’s commitment to creating sites that attract world class tenants, seeking a strategic base to expand their offering,Sam Tarascio
AST founder, director and owner Alex Gong said he was excited to align with a company that shared values similar to his own.
“Passion, motivation and dedication are our guiding principles and can be seen throughout the Salta Business,” Mr Gong said.
“The site has been adaptable to suit our needs and ensures as a business we remain agile and support our customers.”
Earlier this month Salta announced a rail connection to the Nexus Dandenong South industrial estate that will commence construction in 2021. This project will be funded by Salta, with the Victorian Government funding the additional construction of a rail spur within state land.
AST’s five-year lease joins the list of well-known tenants at Nexus Dandenong South including; Belle Banne, Haulotte Australia Pty Ltd, Silk Logistics, Bunnings and Woolworths. Other warehouse leasing opportunities are available within the estate.
This deal was negotiated by James Stott and Gordon Code from Colliers
Posted 29 September 2020