Goodman secures kombucha maker to Power Park
Goodman has secured Remedy Drinks – Australia’s largest kombucha maker – to its 52 hectare Power Park Industrial Estate, in Dandenong South.
The pre-commitment for 33 Endeavour Court is for an initial 15 years.
The 18,256 square metre office/warehouse is due for completion in April, 2022.
Cushman & Wakefield’s Andrew O’Connell brokered the deal; Lpc Cresa’s Dylan O’Donnell represented the tenant.
The nine year old Remedy, founded by Sarah and Emmet Condon, is currently headquartered at Carrum Downs.
Earlier this month we reported Goodman spent close to $40m for a 1.52ha warehouse next to its Port Melbourne Industrial Estate.
Power Park Industrial Estate
The Remedy facility will abut a distribution centre occupied by outsourcing giant Bunzl (story continues below).
BJ Ball, ITW, Rondo and UPM Raflatac are amongst other Power Park neighbours.
Elsewhere in the suburb – Melbourne’s priciest industrial region to rent or buy outside of the inner city – Frasers Property Industrial last year pre-committted Ozito to its then-new Rubix Connect business park, at 875 Taylors Road.
Two months ago, Salta snared Infrabuild and Tigerpark to two warehouses, under construction at its 180ha Nexus Industrial Estate.
Last week, that developer, in partnership with the state government, kicked off construction of an intermodal facility abutting Nexus.
Due for completion in 2023, the terminal is expected to move up to 560,000 20-foot containers per year and cut annual road truck movements by 175,000.
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