Supply chain firm CEVA signs lease deal for Mirvac's Calibre in Eastern Creek

Supply chain firm CEVA signs lease deal for Mirvac's Calibre in Eastern Creek
Supply chain firm CEVA signs lease deal for Mirvac's Calibre in Eastern Creek

Supply chain company CEVA Logistics has signed a four-year lease at Mirvac’s latest industrial development, Calibre at Eastern Creek, NSW prior to construction completion. 

CEVA will move in as a tenant into Building 1 at Calibre. The building consists of approximately 18,000 square metres of warehouse and 1,000 metres of office space, allowing CEVA to consolidate three existing warehouse operations from different locations into one. 

Mirvac’s Group executive, Industrial, Stuart Penklis, said securing a key tenant ahead of completion reflected the strong market offering that Mirvac delivers. 

“As a world leading supply chain management company, CEVA will benefit from Calibre’s unmatched transport links,” he said. At the nexus of the M4 and M7 motorways, the site has a dedicated multi-directional signalised intersection connecting to major transport links. 

Penklis said the state government’s focus on infrastructure is drawing large-scale users to Western Sydney. 

“The upgrade of the M5 Motorway and WestConnex has stimulated demand as it will improve access and connections between Western Sydney, Port Botany and Sydney CBD. Calibre is ideally placed adjacent to the motorway, catering for logistics and manufacturing occupiers looking to benefit from this investment in infrastructure.” 

CEVA managing director-Australia and New Zealand, Carlos Velez Rodriguez said the deal will allows them to consolidate from different locations across the state, increasing bottom line efficiencies. 

Tags: 
Warehouse Commercial Lease

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