LOGOS secures GPC Asia Pacific at its c.$300 million Broadmeadows Logistics Estate, Melbourne

Media
Tuesday 14th December 2021

Leading Asia-Pacific logistics specialist, LOGOS has announced that GPC Asia Pacific, one of Australia and New Zealand’s largest automotive aftermarket parts and accessories suppliers, has committed to a 39,000sqm distribution centre at its new circa $300 million Broadmeadows Logistics Estate in Melbourne.

GPC Asia Pacific, which brands include Repco, NAPA Auto Parts, AMX, McLeod’s, Rare Spares, Sparesbox and Support Functions, has a network of over 550 stores across Australia and New Zealand.

Broadmeadows Logistics Estate is a 25-hectare premium site which on completion, will comprise circa 127,000sqm of sustainable, high quality warehousing space across five facilities. The new GPC distribution centre is the third commitment at the Estate and will comprise circa 39,000sqm of high quality and efficient space, and integrated state-of-the-art technology. Construction of the facility is commencing in January 2022 with completion due for Q1 2023.

In line with LOGOS and its capital partner, Ivanhoé Cambridge’s commitments, the Estate is targeting a 5 Star Green Star Communities rating, an Australian first for the industrial sector, and 5 Star Green Star Design and As Built ratings across all facilities. The Estate recycled over 99% of materials from the demolition of the existing buildings, with additional sustainability initiatives to include a minimum of 99kW solar panels on all facilities, with the GPC facility including a 300kW solar array. These sustainability initiatives contribute to delivering on LOGOS and Ivanhoé Cambridge’s ambition to a carbon neutral future for this Estate.

LOGOS Head of Australia and New Zealand, Darren Searle said: “Broadmeadows Logistics Estate is a key property within our portfolio that services the growing northern Melbourne market. With a focus on supporting the core logistics sectors of e-commerce, distribution, food and cold storage, we are able to offers tenants with state of the art, sustainable logistics facilities and immediate access to Melbourne’ key transport networks through this Estate.
“We look forward to working with GPC Asia Pacific to deliver this important new facility and support their growth across Victoria,” he added.

George Agethen, senior Vice-president, Asia-Pacific at Ivanhoé Cambridge, added: “Sustainability is core to Ivanhoé Cambridge’s business and we are pleased to be working with likeminded partners in LOGOS and GPC to deliver 5 Star facilities at Broadmeadows Logistics Estate. This Estate is an important part of our sustainability commitment to achieve net zero carbon by 2040.”
GPC partnered with business transformation consultancy TMX on their regional Australia and New Zealand supply chain network strategy and operational design, with TMX now assisting GPC in procuring their new sites and project managing the developments.

GPC Asia Pacific’s Executive General Manager Logistics, Jon Longbottom, said: “We’re delighted to have secured a new facility at LOGOS’ Broadmeadows Logistics Estate. As a business, we’ve experienced significant growth over the past three years and we look forward to integrating advanced technologies within a new state-of-the-art facility in Melbourne to improve our customers experience. By partnering with LOGOS and TMX, we have been able to race ahead with our ambitious growth plans with confidence.”

TMX Director of Property, Sam Dellios said: “We are proud to be supporting GPC in their Australian supply chain network transformation. This new facility will offer an automated Goods-to-Person shuttle and Very Narrow Aisle storage system, which will boost cubic capacity across GPC’s wide product range and support their future growth strategy.”

Broadmeadows Logistics Estate offers excellent access to Melbourne’s key transport network, including the Western Ring Road, Tullamarine Freeway and the Hume Highway interchange, as well as the Victorian Government’s planned North East Link. With 50% of the Estate being committed within the first 14 months, the remaining circa 65,900sqm of available space will be offered for both pre-lease and speculative flexible warehouses, ranging in size from circa 8,000sqm up to 58,000sqm. The Estate provides excellent opportunities for occupiers looking to strengthen their capabilities, and to cater to the growing demand from consumers across the region.