Atterbury signs CooperVision for its prime Randport Industrial Park development

Posted On Monday, 18 June 2018 16:53 Published by
Rate this item
(0 votes)

Atterbury has closed a landmark deal that will see CooperVision, a world leader in contact lenses, become the first tenant at its prime Randport Industrial Development in Gosforth Park, Germiston, Ekurhuleni.

Atterbury-Industrial-Park-development-

A leading property investor and developer in South Africa and beyond, Atterbury has designed the park to provide 103,000sqm of modern business space in big box logistics warehouses as well as showrooms and offices.

It has chosen a prime position for this development in South Africa’s economic hub, Gauteng, and within a major established and growing node.

Atterbury-perspective-

“Atterbury is pleased to introduce CooperVision to Randport Industrial Park where its new premises will incorporate strategic benefits that unlock efficiencies and value that support its business goals. We are thrilled to develop CooperVision’s new facility and position it confidently for the future. We look forward to a long and strong relationship with this great business,” says Atterbury development manager Arno du Plessis.

Du Plessis also confirms that Atterbury’s transaction with CooperVision will trigger the start of the first phase of the business-unit scheme within the development and its associated infrastructure. Construction is expected to begin as early as July 2018.

The development is already zoned and serviced, and the business park is ready to cater for industrial facilities of up to 70,000sqm.

The business units at Randport will be developed in two-phases. Each phase comprises a large building – 9,500sqm in the first phase and 6,000sqm for the second - that is flexible enough for a single-tenant or multiple-units ranging from 650sqm up to 6,000sqm. CooperVision will take 2,400sqm of space for offices and warehouse, which is set to be ready for their occupation on 1 July 2019.

Atterburys-Randport-Industrial-Park-development-

Randport Industrial Park is designed to provide a secure environment for its users.

Superbly located for logistics, Atterbury’s R850 million Randport Industrial Park is on the Elandsfontein interchange. CooperVision will benefit from Randport Industrial Park’s location at a strategic transport confluence, which links Gauteng to the rest of the country, the region and the world, by road, rail and air. As well as its excellent access from the N3 highway, it also is easily accessible from the N12, N17 and even the M2 highways.

The development will be undertaken by Atterbury Property Developments. The roll out of Randport Industrial park will be market driven. 

Last modified on Monday, 18 June 2018 17:32

Most Popular

Pam Golding Properties Annual Residential Property Report 2019

Nov 08, 2019
SA Reserve Bank
Signs that the residential property market is beginning to stabilise.

Rebosis Property Fund retail portfolio delivers excellent operational performance despite a tough market

Nov 11, 2019
Sisa Ngebulana REBOSIS
Rebosis Property Fund, the JSE’s first listed black-managed REIT, today reported its…

Massive property auction on behalf of Telkom

Nov 11, 2019
Agricultural Land Beaufort West
GoIndustry DoveBid SA (GoIndustry) is hosting a massive property auction on behalf of…

SA REITs featured among the JSE’s most empowered companies

Nov 08, 2019
Estienne de Klerk SA REIT Chairman
In order of most empowered, the REITs are: Arrowhead Properties, Redefine Properties,…

South Africa’s first ever blockchain-based property register pilot

Nov 07, 2019
DANIEL BLOCH
The pilot study area consists of almost 1 000 properties located in four sites in…

Please publish modules in offcanvas position.