Plastics giant expands in Scoresby
Plastics Solutions Australia has expanded in Scoresby, renting a major Ferntree Gully Road warehouse near its recently purchased Koornang Rd headquarters.
At 13,774 square metres, it is south east Melbourne’s biggest industrial lease deal this year, according to the agents, Colliers’ Richard Wilkinson and Jonathan Mercuri.
It also leaves the suburb without a warehouse option over 5000 sqm, they added.
PSA has been looking to expand in the suburb for some time, the agents said; in April it outlaid $16.8m for its Koornang Rd base which contains 6152 sqm including high-quality offices.
Once owned by Jennings Industries, later known as Fletcher Constructions, that site spreads 8888 sqm.
1259 Ferntree Gully Road
Being vacated by OneSteel, now known as Infrabuild, 1259 Ferntree Gully Rd, on 2.85 hectares bound by Eastlink and Nyadale Drive, hit the market in late March (story continues below).
Some 1509 sqm is configured as offices.
The warehouse clearance is a high 11.5 metres.
There is also 5300 sqm of hardstand and 82 car parks.
CSR Bradford, Davey Water Products, Hallmark and Tyco are amongst other Scoresby occupiers.
Mondelez is too – its Cadbury division owning the 4.34ha Koornang Rd warehouse opposite PSA, since 1999.
Subscribe to our newsletter at the bottom of this page.
