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Frasers Property Industrial secures 10-year leases in QLD and VIC

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Frasers Property Industrial secures 10-year leases in QLD and VIC

Frasers Property Industrial has secured two 10-year leasing deals totalling 38,209 sqm with National Tiles, a market leader in tile, stone and timber flooring products, across Australia’s eastern seaboard. 

National Tiles’ 17,500 sqm facility at its Premium Estate, Vantage Yatala, will comprise a warehouse and distribution centre, a customer trade centre and a design centre with a commercial tile library.  

The facility will be equipped with a 40-metre-wide super awning which provides 4,589 sqm of shaded loading space outside of the warehouse. 

“We are proud that National Tiles has chosen our Premium Estate Vantage Yatala for their Queensland support office. As a longstanding customer since 2017 at Southwest 1 in Berrinba, the latest deal with National Tiles bears testament to the quality and full service offering that customers see in our estates,” said Troy Whalan, Frasers Property Industrial Queensland General Manager. 

Vantage Yatala will also be home to National Tiles’ Queensland support office, which will include a two-storey office space spanning approximately 1,000 sqm.  

All National Tiles’ workers will benefit from a 500 sqm rooftop terrace for socialising, meal breaks and staff events. Employees will also have access to Vantage Yatala’s extensive Premium Estate amenities, which includes a 2.3-hectare open space reserve, 5.5 kilometres of running track, two outdoor gyms, as well as outdoor barbecue and shelter areas. 

In Victoria, National Tiles has committed to a 20,710 sqm facility at Canvas West in Tarneit. It will comprise a 1,300 sqm customer pick up and trade centre, and a 425-sqm double-storey office.  

The facility will reach a ridge height of 14.6 metres and will feature four recessed loading docks and eight on-grade roller shutter doors.  

The main loading area will be paved with a 36-metre-wide hardstand and shaded by a 30-metre-wide super awning spanning 3,415-sqm to support all-weather operations. 

“The new facilities at Vantage Yatala and Canvas West will provide us with the space and opportunity to transform how we operate and ultimately, better serve our customers. We are looking forward to the completion of these facilities and welcoming customers through our doors,” said Mark Chapman, National Tiles COO.  

The facilities will also be fitted out with energy-efficient internal and external LED lighting, as well as a dedicated green walls and landscaped outdoor area to reduce heat island effect. 

“National Tiles is a longstanding customer across our existing facilities in both Victoria and Queensland and this latest deal is testament to the strong relationship we have forged with them,” said Andrew Hanna, Frasers Property Industrial Victoria General Manager.  

Construction of both facilities and their adjacent speculative developments have now commenced. Practical completion of the Queensland facility is expected in the second quarter, with Hindmarsh as the appointed builder.  

“We look forward to deepening our partnership with National Tiles by providing them with a bespoke facility, complemented by Vantage Yatala’s extensive amenities and abundant green spaces, to foster a thriving environment for both their business and employees,” added Whalan.  

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