Nu-Pure expands into Centennial estate
Spring water bottler and distributor Nu-Pure has pre-committed to a warehouse at Truganina’s Boundary Industrial Park.
The 16,017 square metre facility at 383 Boundary Road will be developed and retained by Centennial, which was represented by CBRE’s Harry Kalaitzis, Tom Hayes and Todd Grima.
Upon completion, the investment is expected to be worth $35 million.
Nu-Pure presently occupies a warehouse next door, at 391 Boundary Rd.
“The site fits perfectly with Nu-Pure’s growth plans, being located next to its existing base and providing excellent efficiencies for its business operations,” Mr Kalaitzis said (story continues below).
“It also provides exceptional access to Melbourne’s major road network including the West Gate Freeway, Western Ring Road and Princes Freeway”.
Centennial executive director, Industrial and Logistics, Paul Ford said the transaction “allows us to continue executing our strategy of acquiring under-utilised assets and repositioning and/or further developing them to create institutional quality product”.
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