30 Jun 2022
Frasers Property Industrial has secured a 10-year lease with leading Global Homewares business, The Décor Corporation (“Décor”), at its 41.3-hectare Rubix Connect estate in Dandenong South.
The renowned Melbourne-founded Homewares company has committed to a 14,244 square metre state-of-the-art facility that will become its new major Distribution Centre, accompanied by a 1,245 square metre Head Office.
Décor's Distribution Centre will reach a ridge height of 13.7m and comprise four loading docks and six on-grade roller doors, all directly connected to the corporate Head Office and 97 car spaces. The facility is being constructed by appointed builder CIP Constructions, and together with two speculative facilities, will total a combined 41,695sqm when completed in mid-2023.
Designed to target 5 Star Green Star Design and As-Built v1.3 certified ratings from the Green Building Council of Australia, the next-generation facility features 100kW roof top solar and rainwater collection. Designed under Frasers Property Industrial’s Building Design Guidelines, the facility combines the use of sustainable materials with a warm and welcoming aesthetic that raises industrial standards in worker health and wellbeing.
Other customers at Rubix Connect include Ozito Industries Pty Ltd, efm Logistics, The Nolan Group and Zenexus, which all required new, purpose-built warehouses with multiple transport linkages.
The deal was brokered by CBRE’s Senior Director for Industrial and Logistics, David Aiello.
Andrew Hanna, General Manager – Victoria for Frasers Property Industrial, comments, “We’re pleased to welcome Décor to Rubix Connect in Melbourne’s southeast, which continue to see exceptionally strong leasing inquiry due to a low stock and vacancy in the region.
“What’s particularly interesting is that four of our five new Rubix Connect customers will be relocating their head offices. We believe this has been enabled by the estate’s professional design and creative landscaping, which prioritises worker wellbeing, improves sustainability and fosters an environment that helps attract and retain a skilled labour force.”
Matt Ward, Managing Director for The Décor Corporation, said, “We are delighted to partner with Frasers Property Industrial and secure a new Distribution Centre and Head Office at Rubix Connect in Dandenong South. The expansive facility will enable Décor to relocate its existing Head Office from Dandenong South and Distribution Centre in Somerton to be under the one roof, bringing a multitude of benefits to the business”.
David Aiello, Senior Director for Industrial and Logistics at CBRE, comments, “With record low building vacancy of sub-1% - we continue to see Super Prime industrial stock in Melbourne’s southeast lease well-before a shovel is ever put in the ground. Coupled with the very limited developable land remaining, it’s making Rubix Connect’s premium offering highly attractive to potential customers seeking expansive warehousing and connection to key transport.”
Rubix Connect boasts convenient road linkages to EastLink (M3), Frankston – Dandenong Road and the South Gippsland Highway, as well as Taylors Road, which has been earmarked for extension, further improving access to the estate. The land is also located in close proximity to the intermodal freight terminal, which will improve the area’s connectivity with The Port of Melbourne.