Salta secures new tenants at Nexus

In February, we reported Schneider Electrics committed to Nexus Industrial Estate.

Salta has secured two more tenants to its Nexus Industrial Estate, in Dandenong South.

In the biggest deal, steel maker Infrabuild has committed to a 16,634 square metre space inclusive of a 60 sqm gatehouse.

The tenancy contains a 600 sqm office too.

The agreement is for an initial 10 years.

Meanwhile packaging group Tigerpak has committed for seven years to a 5057 sqm warehouse attached to a 451 sqm office.

The deals come six months since we reported Schneider Electric Australia rented a 9813 sqm facility with 72 car parks.

Also with a 7330 sqm truck marshalling area, that agreement was for five years.

This space was constructed speculatively by Salta last September; the building shares a roofline with a tenancy taken by Australian Select Timbers.

Dandenong South, about 35 kilometres south east of Melbourne, is classified by agents as being in the South East core (story continues below).

The precinct, also including Dandenong, has a one per cent industrial vacancy rate and four developers which control almost all of the land available to build on.

Nexus filling up

Elsewhere in the Nexus estate, Woolworths operates its South Regional Distribution Centre – an asset valued by the landlord at $215m.

Bunnings, Fenner Dunlop, Haulotte Australia, Silk Contract Logistics and Visa Global Logistics operate out of industrial properties within the 180 hectare business park too.

In 2019, Pinnacle Healthcare signed up to a 630 sqm gym there.

Colliers’ Gordon Code and Peter Evans brokered the InfraBuild deal.

Mr Code and colleague Luke Lowden negotiated the Tigerpark lease.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of