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News
Amazon pre-commits to 20 – year lease on Oakdale West Estate
POSTED
01.07.2020
Brickworks is pleased to announce that Amazon has made a lease pre-commitment of 20 years at the JV Trust’s Oakdale West Estate in western Sydney.
The state-of-the-art distribution facility will be a landmark development for the JV Trust, a 50-50 joint venture between Brickworks and Goodman Group. On 14.9 hectares, the 26-metre high-bay facility will comprise three mezzanine levels providing a total floor space of 191,170 sq m. The building is targeted to be completed in the second half of 2021.Amazon is the second customer to pre-commit to Oakdale West, following the announcement of Coles Group in January 2019.
Brickworks Manager Director, Lindsay Partridge AM, said the company was delighted to secure Amazon’s significant pre-commitment. “Amazon is well known around the world as a symbol of the accelerating trend to online shopping,” he says. “We are at the forefront of the e-commerce revolution, with our facilities playing a pivotal role in helping our customers meet the supply chain needs of this new economy.
“We are also excited by the design of the facility, which responds to the increasing need for technology innovation from our customers. This project will deliver profit during the development phase and further rental income for the Property Trust once complete.”
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