30 August 2019

A further four units at JSE-listed Growthpoint
Properties’ R240-million Sterling Industrial Park
development, in its Centralpoint innovation district,
have been completed and the final two units will be completed before the end of
the year.

The first two units at the 27 000 m2 development
are already occupied by Screamer Telecoms and Daming Aluminium.

Growthpoint industrial development
team head Leon Labuschagne says
the industrial park
encompasses a high-level of securitypower and efficiency, which “are
all major considerations for businesses in this market”.

Apart from the 24-hour Centralpoint precinct security,
Sterling Industrial Park has
its own perimeter fencing and security gatehouse
serving all units, while each unit also has its own gatehouse and boundary

The development also offers occupants the ability
to upgrade their electrical power to meet
their operating needs, with each unit having the ability to house client generators and
back-up power, as well as have the
structural strength to accommodate rooftop solar panels.

The buildings include energy-efficient air conditioning
and lighting and are
designed according to sustainable green building principles,
Growthpoint highlights.

Additionally, every unit in the park has a
dedicated yard with easy delivery access, large turning circles, and both dock
and on-grade facilities incorporated in the building. All have 9 m
eaves height, and are sprinkler protected.

Flexible offices catering to each business’s unique
needs, are also standard features.

Because of its location in Centralpoint, the industrial park also
offers fibre and is set among landscaped gardens.

“Centralpoint is a vibrant, growing business community
in a high-demand area with excellent access, and many benefits and amenities,
including access to all-important public transport,” Growthpoint
asset management head Errol Taylor comments,
highlighting that the development is strategic for Growthpoint as it further
strengthens the logistics and
warehousing component of the company’s industrial portfolio.

Sterling Industrial Park is
Growthpoint’s second major development in Centralpoint, which is being rolled
out by the real estate investment trust’s trading and development team.

Developing Sterling Industrial Park and
the Centralpoint district is market-driven and responds to the demand for
quality, efficient and high-tech logistics and
warehousing facilities, Growthpoint chief development and investment
officer Rudolf Pienaar notes.

Centralpoint is located in Samrand, just off the N1 between Johannesburg and Pretoria in the greater Midrand area.

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