Gleaming Avondale industrial corporate for lease
The former Metro Glasstech headquarters building which is for lease at 17-19 Patiki Rd, Avondale.
An architecturally-designed office property constructed specifically for use an industrial corporate headquarters is now available for lease in Avondale following the departure of its tenant Metro Glass Tech.
“This vacancy at 17-19 Patiki Rd presents an excellent opportunity for prospective industrial tenants,” says Sam Smith, national director of industrial for JLL, who is fronting a marketing campaign alongside colleague Luke McGill.
Smith says the building comprises 900 sq m of modern corporate office space spanning two floors and is complemented by a high stud warehouse with 3408 sq m of clear span space and significant concrete hard-stand areas.
The building is fitted with two five tonne gantry cranes and has huge onsite power capability, generous car parking space and a large container friendly yard.
“Following the recent departure of Metro Glass Tech, this A-grade property is now available for lease with the rental price to be determined by negotiation,” Smith says.
The building is located in a Business 6 heavy industrial zone that permits industrial activities that may produce unpleasant or noxious odour, dust and noise emissions. A key attribute of the zone is that it contains sites large enough to accommodate large-scale industrial activities. The Auckland Unitary Plan provided that this zone would be typically located close to key freight routes.
Smith says the property has excellent exposure to Patiki Rd which has quick access to the Auckland CBD via the nearby State Highway 16 northwestern motorway.
“With the Waterview Connection underway, the Western Ring Route will soon be completed which will rapidly improve motorway access to South Auckland,” McGill says. “This heightens the appeal of this site as the completion of this road connection will cement Avondale as a strong industrial hub and put Patiki Rd back on the map as one of the most sought after industrial locations in Auckland.”
Smith says shortages of supply combined with an overall 4 per cent industrial vacancy in Auckland means occupiers are finding it harder to fill their space requirements.
He predicts there will be strong competition between industrial operators to secure the Patiki Rd space. “It is fitted out to suit a full spectrum of industrial users and would be ideally suited as the head office of a manufacturing or logistics and distribution operator.
“Prime stock has proven a popular choice for investors through this shortage and with tenant demand remaining strong, landlords are now in a position to increase rentals. Prospective occupiers will need to act quickly to secure lease agreements before an imminent hike in rentals,” Smith says.
Sam Smith (left), & Luke McGill (right) of JLL.