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Waikato Business News July/August 2019

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

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40 WAIKATO BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2019</strong><br />

FROM THE GROUND UP<br />

New, award-winning industrial quality<br />

for lease at 600 Arthur Porter Drive<br />

Opportunities to occupy a new facility in one of the <strong>Waikato</strong>’s<br />

fastest growing and most attractive industrial parks don’t come<br />

along every day. However, a new 1,558sqm facility is being<br />

created by Chalmers Properties at 600 Arthur Porter Drive in the<br />

60-hectare Te Rapa Gateway precinct, northern Hamilton, and the<br />

opportunity to lease the facility is now.<br />

Comprising 249sqm of<br />

office, 1060sqm warehouse<br />

and 249sqm canopy,<br />

the facility will be ready<br />

for occupation on 1st December<br />

<strong>2019</strong>. It follows the same design<br />

style and features as its neighbours,<br />

which won recognition<br />

at the recent Property Council<br />

New Zealand’s Property Industry<br />

Awards. It is also being created<br />

by the same team of builders<br />

and architects.<br />

Michael Clark, Sales and<br />

Development Manager for Te<br />

Rapa Gateway, says that the<br />

new facility will have a number<br />

of features over and above<br />

requirement as Te Rapa Gateway<br />

aims to set a new standard<br />

for industrial development in<br />

New Zealand. “In order to create<br />

an attractive, fit-for-purpose<br />

facility that will generate longterm<br />

value for the occupier,<br />

we are building in ultra-fast<br />

broadband, on-site parking,<br />

nine-metre high stud, clear span<br />

warehousing, roller doors, tilt<br />

slab construction, and appealing<br />

office layouts with air-conditioning.<br />

“Furthermore, the new<br />

premises will have drivethrough<br />

capability onto a joint<br />

right of way that will effectively<br />

provide a multi-directional<br />

route that allows trucks to pass<br />

each other. This creates more<br />

options and flexibility for occupiers<br />

and eliminates the need for<br />

yard-consuming turning circles<br />

within the boundaries of each<br />

individual lot.”<br />

The new building’s neighbours<br />

have already attracted<br />

high quality tenants Prochem<br />

Group and Metropolitan Glass<br />

& Glazing Ltd on long-term<br />

leases. They join several large<br />

businesses now housed at Te<br />

Rapa Gateway including Bidvest,<br />

Lely and Normans Transport,<br />

Southpac Trucks, roofing<br />

manufacturer Metalcraft Industries,<br />

Hynds Pipes and Viridian<br />

Glass.<br />

Clark says that Te Rapa<br />

Gateway’s rapid growth has<br />

been driven by economic confidence<br />

in the <strong>Waikato</strong>, low<br />

interest rates and industrial land<br />

prices half of those in key Auckland<br />

industrial areas.<br />

“This project is filling a hole<br />

in Hamilton’s tight industrial<br />

leasing market. With industrial<br />

vacancy rates at all-time lows,<br />

the market has been waiting<br />

for a new industrial offering<br />

in Te Rapa, and builders are<br />

struggling to keep up with<br />

demand. Most of the new space<br />

is taken up before building even<br />

begins.”<br />

He says the new premises<br />

will appeal to an array of<br />

high-quality tenants looking<br />

to get a foothold in the rapidly<br />

growing Hamilton market. “A<br />

major drawcard for tenants is Te<br />

Rapa Gateway’s location alongside<br />

the <strong>Waikato</strong> Expressway<br />

and The Base, the region's biggest<br />

shopping centre.<br />

“This is Hamilton's fastest<br />

growing industrial area, and its<br />

zoning provides for a diverse<br />

range of warehousing, bulk<br />

storage, processing and manufacturing.<br />

It won’t be long<br />

before this new opportunity is<br />

snapped up.”<br />

Anyone interested in learning<br />

more about the new building<br />

and/or Te Rapa Gateway should<br />

contact Michael Clark on 0800<br />

GATEWAY | 0800 428 392.<br />

-Advertorial<br />

HAMILTON’S PRIME<br />

INDUSTRIAL PARK<br />

DESIGN. BUILD. LEASE.<br />

Create a business premises tailored to you. A custom,<br />

standalone, clear span warehouse with office can be built<br />

to your specification to suit your every business need.<br />

The large scale of Te Rapa Gateway provides space and<br />

flexibility for premises to range from 1,000m2 to 16,000m2<br />

plus. All benefiting from this ideal location with great<br />

transport connections.<br />

0800 GATEWAY<br />

TERAPAGATEWAY.COM

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