Business growth encourages move
Welshpool-based for the past decade, operating out of multiple warehouses, WA Distributors have purchased 12 Modal Crs, Canning Vale with the view to deliver operational efficiency through a single large warehouse. An attractive and highly functional facility on a 9,200 sqm site allowing for future expansion and development.
“The tenant saw value in the property’s locational characteristics, proximity to major transport routes and being among other high-quality warehouse/logistics assets that are occupied by a host of well known local, national and multinational companies. “, Colliers Director Greg O’Meara said.
Mr O’Meara indicated there has been a boost in leasing enquiries in recent months. ‘We are on the verge of writing up a number of other leasing deals in Canning Vale alone, with plenty of similar activity in other areas. The positivity is not just in the resources space but covers all industrial market segments.’