There are around 2,000 commercial industrial property owners in East Tamaki, some of whom also own the business(es) on the property. As well as representing the interests of East Tamaki businesses, GETBA also represents the interests of property owners.
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East Tamaki leading the way
Latest industrial property research from Bayleys (2016) shows supply is not matching demand, reflecting strong economic drivers. Leasing conditions in East Tamaki are the tightest they have been for 21 years with little, if any, space available in the smaller 100sqm to 200sqm range.
East Tamaki is fortunate to have within its boundaries the visionary 110 hectare Highbrook Business Park. With a current value in excess of $1.0 billion and around 70% through its planned development, the estate features more than 40 buildings providing over 380,000 sqm of warehouse and office space. Goodman recently announced (March 2017) it would spend $44 million on a package of new developments.
For more information, or if you're interested in joining the more than 60 businesses already located at Highbrook, please go to www.highbrook.co.nz
Portfolio Manager, Evan Sanders
Local Property Agencies
Property Council of New Zealand