PIP ANZ Pty Ltd commits to a 7-year lease at The YARDS

22 August 2024

Joint Venture (JV) partners Frasers Property Industrial and Aware Real Estate have secured a 7-year lease with PIP ANZ Pty Ltd (formerly Bisley Workwear Australia), leading retailer of workwear, safety wear and protective wear, at The YARDS, an expansive 77 ha estate in the Mamre Road Precinct, Kemps Creek, Sydney. 

 

PIP ANZ Pty Ltd’s new distribution centre will occupy a facility comprising a 14,755 sqm warehouse, a 760 sqm two-storey office and 300 sqm dock office. 

 

Due to strong business growth over the last two years, PIP ANZ Pty Ltd is consolidating two existing facilities into one distribution centre at The YARDS to drive operational efficiencies. The new warehouse will primarily be racked and used to store finished products before they are dispatched to their wholesale distributors. 

 

The facility will benefit from a 200 kW rooftop solar system, two EV charging bays, LED smart lighting, rainwater capture and re-use, water saving tapware, and is targeting a 6 Star Green Star Design & As-built v1.3 rating. 

 

Frasers Property Industrial and Aware Real Estate are progressing building works at five different lots at The YARDS with civil and infrastructure development also nearing completion. Internal roads and basins are completed and operational and the second stage of external Mamre Road works, including road widening and opening of the new intersection, is nearing commencement. 

 

Roland Martin, General Manager – NSW at Frasers Property Industrial, said PIP ANZ Pty Ltd. will be a strong addition to the premium estate. 

 

“We are delighted to have PIP ANZ Pty Ltd join us at The YARDS. We have worked closely with PIP ANZ Pty Ltd to develop a facility that will meet the needs of their business now and well into the future. 

 

“The YARDS is undergoing significant construction with five additional buildings on schedule for completion for this year and the estate is now 75 per cent leased. Offering best-in-class warehouse and logistics facilities, alongside leading sustainability and employee wellbeing features, The YARDS sets a new standard for industrial precincts in Australia,” Mr Martin added. 

 

Michelle McNally, CEO of Aware Real Estate, also welcomed PIP ANZ Pty Ltd to The YARDS.

 

“The community being built at The YARDS is exceptional. The estate has been uniquely designed for businesses and employees to thrive with sustainability and innovation at the forefront. This proposition is resonating with the market and is evident through the leading Australian and global customers that continue to sign on at the estate.” 

 

David Gazal, CEO of PIP ANZ Pty Ltd, said The YARDS will provide an ideal location for PIP ANZ Pty Ltd to continue its expansion.

 

“Following our strong growth over the past few years, it became clear that we needed an additional site to support our expansion. The new facility will not only improve and futureproof our operations but benefit our workforce by providing an environment that will support their health and wellbeing.”

 

Practical completion of PIP ANZ Pty Ltd’s facility is planned for June 2025.

 

Frasers Property Industrial and Aware Real Estate have appointed CIP Constructions as the builder for Lot 6. Construction has commenced with Practical Completion set for early 2025. Lot 6 is a speculative build and will feature a 17,355 sqm warehouse, an 800 sqm mezzanine office and 100 sqm dock office. 

 

Frasers Property Industrial has also signed a 5-year lease for a 30,630 sqm facility with Communications Test Design, Inc at the estate. Also built by CIP Constructions, the facility reached practical completion in May this year and features brand new warehouse and office spaces along with an outdoor area for staff. 

 

The YARDS has a limited number of remaining available lots including Lot 9 and Lot 6. Lot 9 has reached completion and Lot 6 is planned for completion in early 2025. 

 

For more information and leasing enquiries visit The YARDS

 

 

 

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PIP ANZ Pty Ltd commits to a 7-year lease at The YARDS

Joint Venture (JV) partners Frasers Property Industrial and Aware Real Estate have secured a 7-year lease with PIP ANZ Pty Ltd (formerly Bisley Workwear Australia), leading retailer of workwear, safety wear and protective wear, at The YARDS.

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