COMMENTARY AND INFORMATION ON THE INDUSTRIAL PROPERTY MARKET. Jamsheed Sidhwa Property Broker B 09 271 7273 M 021 554 657 Jamsheed.sidhwa@bayleys.co.nz Bayleys Real Estate Ltd, Licenced under the REA Act 2008   Luke Carran Property Broker B 09 271 7269 M 021 292 6907 luke.carran@bayleys.co.nz Bayleys Real Estate Ltd, Licenced under the REA Act 2008 Welcome Welcome to Industrial Leasing Focus, Bayleys' bi monthly electronic newsletter aimed at businesses currently occupying industrial space in Auckland New Zealand is poised for what some economists are referring to as a "once in a generation" year of strong economic growth in 2014. While this is great news for businesses, and the country in general, it will inevitably put further pressure on business accommodation in the Auckland industrial market.  As the story below on the "tightening supply of premises" shows, vacancy rates across Auckland's most popular industrial precincts are at very low levels as a result of significant business expansion. As Bayleys' industrial premises specialists, we have successfully facilitated the following in recent times. These include: • Lease of 2,932m2 of warehouse space at 66 Allens Road, East Tamaki. • Lease of 1,239m2 of office/warehouse accommodation plus 1,500/m2 of yard at 11 Pavilion Drive, Airpark II, Auckland Airport. • Sale of 8,926m2 site at 19 Pavilion Drive, Airpark II, Auckland Airport for a 5000m2 design & build warehouse. • Sale of a 3,235m2 industrial building on a 5,749m2 site at 84 Kerrs Road, Manukau to an international electronics manufacturer and distributor owner occupier for $3,350,000. • Sale of a decommissioned 6,470m2 cheese factory on 2ha of land in Kerepehi, to an export focused international company. Despite diminishing options for tenants because of this increase in market activity, we have access to the very best of what is still available for lease or purchase in Auckland. These encompass premises offering immediate occupation as well as build-to-suit options for companies planning ahead. The trending supply imbalance is projected to get worse before it gets better, and hence we feel it as reasonable to urge decision-makers considering relocation, to start their search process earlier rather than later. Please do not hesitate to contact us to discuss how we could methodically help with your property search and selection process, provide you a market assessment specific to your property or further information on trends from Bayleys' in-house research analysts. Kindest regards, Jamsheed Sidhwa and Luke Carran Bayleys Exclusive Market Commentary Tightening supply of industrial premises Strong leasing demand for Auckland industrial premises is reflected in Bayleys Research's latest industrial occupancy survey, with the overall vacancy level within the city's main industrial precincts falling from 5.5% to 3.8%. Strategically Positioned for Distribution A modern 2,632m2 industrial building situated in the heart of Manukau's industrial precinct, previously used for storing thousands of kilometres of cables used in the roll out of ultra fast broad band, is now up for lease. Manufacturing Continues to Shine New Zealand manufacturing has started 2014 on a buoyant note, with the sector recording its eighteenth consecutive month of expansion in February and employment growth becoming evident. Industrial Tenancies In Focus 22 Ryan Place, Manukau 59 MONTGOMERIE ROAD, AIRPORT OAKS 21-23 VESTEY DRIVE, MT WELLINGTON Well located Manukau 2,297m2 warehouse with plenty of yard and acanopy of 207m2. Excellent drive through with dual street access. Location provides efficient access to south and south-western motorways. This is a rare opportunity to lease a quality stand-alone property with outstanding profile and visibility at a prominent round-about within the Airport Business District. Conveniently located within minutes from Mt Wellington's motorway interchange and Great South Road, this excellent property offers further advantage with its expansion potential and Dangerous Goods capability. Auckland Airport, Mangere, Manukau City 20 TIMBERLEY ROAD, WESTNEY INDUSTRIAL PARK 17 TIMBERLEY ROAD, WESTNEY INDUSTRIAL PARK Competitive lease options available for custom built office and warehouse buildings upwards from 2,000m2. This high capacity logistics facility provides multiple options for exceptional cost-effective distribution operations. On this site the existing canopy can also be converted to a warehouse to give a total of up to 5,170m2 high-stud space. This superbly presented industrial warehouse is ideal for distribution, logistics or even light assembly. This full tilt-slab warehouse with two roller-doors each on two of its flanks could even permit a drive-through, if needed. 8 EDSEL WAY, MANUKAU 86 PLUNKET AVENUE, M20 BUSINESS PARK, MANUKAU Highbrook Drive, Manukau This super-site with valuable naming rights overlooking SH20 is an exceptional offering for a business that also needs a highly secure yard, complete with a wash-bay. Strategically situated within minutes of the Manukau motorway interchange. Situated in the heart of Manukau's industrial B6 zone, M20 Business Park is strategically positioned close to key arterial routes, Motorways, Inland Port and Auckland Airport. The warehouses are well serviced by an onsite café, as well as retail and childcare. This top class facility located on Highbrook Drive ticks all the boxes. Excellent profile and location within 2 minutes to motorway connections. Full drive around access with good canopies over the yard. The offering comprises of 1620m2 of warehouse and a flexible office space of 595m2. OUT NOW Industrial Leasing Focus Total Property OFFICE LEASING FOCUS A selection of warehouse space for lease in the greater Auckland area. A selection of office, industrial and retail property for sale in New Zealand. A selection of premium and A Grade space in Auckland's CBD and surrounding areas. brought to you by Bayleys Specialist South Auckland Industrial Leasing Team. © Bayleys Real Estate Ltd, Licensed under the REA Act 2008. Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but make their own enquiries to satisfy themselves on all aspects. All parties are urged to take legal advice before entering into any contract or agreement regarding the property described herein. forward to friend | unsubscribe from this list | update subscription preferences