Lineage Teams Up with Mirvac to Develop Landmark Cold Storage Warehouse in Western Sydney
March 09, 2022
Proposed 36,000 sqm state-of-the-art facility will address growing cold storage demand and boost New South Wales economy
Lineage chooses Mirvac’s Aspect Industrial Estate due to strategic location and focus on flexibility, functionality, and sustainability
Sydney, Australia – Lineage, LLC (or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has entered an agreement with Mirvac, a leading Australian property group, to develop a landmark cold storage warehouse in western Sydney, subject to planning approvals
“This proposed facility is a game changer for Lineage in Australia in terms of serving new and existing customers,” Jeff Hogarth, Senior Vice President Asia Pacific at Lineage, said.
“Expanding our footprint in the important Sydney market has been a long-term strategic goal for the company, and we’re pleased to partner with Mirvac on this exciting project.
“The scale of the facility combined with our industry-leading technology and innovations will help our customers better navigate increasing supply chain demands both domestically and internationally.
“This major investment in the NSW food supply chain will allow the fast and secure delivery of fresh food produce to our customers. It also links producers in NSW to the rest of Australia and important international markets,” he said.
Mr. Hogarth said the development had the potential to create a significant number of jobs and contribute to the ongoing economic development of Western Sydney.
Lineage will purchase a prime seven-hectare land parcel in Mirvac’s Aspect Industrial Estate at Kemps Creek where it plans to develop an automated facility comprising 50,000-pallet positions and an 18,000-pallet position manual warehouse for retail operations. It is envisaged the 36,000 sqm facility will feature 43 loading docks and 235 carparks.
The facility will be situated in a rapidly growing development corridor near the new Badgery's Creek Airport and will involve the construction of significant new road infrastructure. The site is adjacent to major retailers and distribution centres for Australian and international brands.
Lineage’s industry-leading automation technology, which is set to be installed at the new facility, increases storage density, maximizes capacity, provides real-time inventory management, and keeps food safe, while simultaneously reducing energy consumption.
“Lineage’s growing automation presence comes at a critical time for the cold chain sector as the Covid-19 pandemic has accelerated changes to operations, particularly when it comes to managing our workforce,” Mr. Hogarth said.
He said Lineage as an internationally integrated company was acutely focused on further building out our Australian and regional footprint so customers could take advantage of Lineage’s leading global end-to-end logistics capability.
The proposed facility is subject to the receipt of the relevant planning approvals from NSW Department of Planning and Environment.
The sale was negotiated by CBRE’s Industrial and Logistics Regional Director – Cameron Grier.
About Lineage
Lineage is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 400 strategically located facilities totalling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe, and Asia-Pacific. Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivalled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com)
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Nigel Kassulke
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Nigel.Kassulke@teneo.com
