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