Williams-Sonoma leases Horsley Park warehouse from Frasers

San Francisco based kitchenware and home furnishings retailer Williams-Sonoma has leased a c17,400 square metre distribution centre west of Sydney.

The asset, 2A Johnston Crescent, within Frasers Property Industrial’s The Horsley Park Estate, is due for completion mid next year.

It will include 67 car parks, 640 sqm of A-grade office, dedicated truck lanes and warehouse height between 11.5-14.6 metres.

The loading dock width will be 34m.

The facility is also designed with solar PV system with battery storage and bio-diesel back-up technology.

Rent has not been disclosed but averages about $120 per sqm, per annum gross in this pocket (story continues below).

The agreement is for an initial seven years.

“Western Sydney continues to attract major national and international retail brands and the growth of organisations such as Williams-Sonoma will see the region expand rapidly, underpinning the creation of thousands of construction and operational jobs over the next 10 years”, FPI’s general manager, North Region, Ian Barter, said.

The deal comes seven months after Toyota subsidiary Hino committed to a 9230 sqm complex next door, within the 10 hectare business park.

Horsley Park is about 39 kilometres from the city.

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Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco