Frasers Property Industrial and TMX have secured one of Australasia’s largest privately-owned suppliers of major brand storage, hardware and retail products, Zenexus.
The deal facilitates a seven-year lease at the 41.3-hectare industrial estate Rubix Connect allowing Zenexus to occupy a 15,000 square metre combined head office and state distribution centre in Melbourne’s Dandenong South.
Partnering with specialist supply chain and property advisory firm TMX to procure the new site, the facility will support surging consumer demand for home renovations and maintenance products, as Australians spend more than $1 billion a month for DIY work (ABS).
The state-of-the-art facility features a 13,724 square metre warehousing facility to support Victorian, Tasmanian, South Australia and Northern Territory distribution of Zenexus’ popular home improvement brands. These include Rack It, Wrap & Move and Flexi Storage.
Designed as Zenexus’ new Australian headquarters, the facility will also include 1,280 square metres of premium office space for staff.
Low-carbon and future ready, the facility features efficient LED lighting, a 400kW solar panel system, on-site battery storage and a biodiesel generator. The facility will source certified carbon neutral electricity and will target a 5 Star Green Star Design & As Built v1.3 rating by the Green Building Council of Australia.
Andrew Hanna, General Manager- Victoria at Frasers Property Industrial said the low vacancy and very limited opportunities for developable land in southeast Victoria has attracted interest in Rubix Connect.
“Frasers Property Industrial will partner with Zenexus to develop a future-ready and sustainable facility that meets our customers’ expanded operation requirements,” Mr Hanna said. “The logistics facility will ensure storage flexibility and a progressive distribution network, at a time when efficient domestic supply chains are increasingly important.”
Joe Guthrie, Group General Manager at Zenexus, said the facility was designed to meet customers’ needs for quality hardware products.
“The new distribution centre at Frasers Property Industrial’s Rubix Connect will help to ensure the ongoing efficiency of our domestic supply chain and help underpin the value we add to our strategic partner into the future,” Mr Guthrie said. Mr Guthrie said the design featured amenity to ensure COVID-19 safe practices and compliance and wider health and wellbeing.”
Sam Dellios, Director of Property at TMX, said the property would contribute to Zenexus’ progressive upgrade of their national distribution network.
“It has been designed to provide Zenexus immediate operational efficiencies without compromising future growth strategies and storage flexibility,” he said.
Hansen Yuncken, which recently completed the 35,645 square metre Ozito Pty Ltd and efm Logistics facility also located at Rubix Connect, has been appointed to deliver Zenexus’ facility. It is expected to open in October 2022.