Growthpoint Properties (JSE: GRT) has commenced construction on two new units at Centralpoint Innovation District, a popular and growing light industrial precinct in Samrand, Johannesburg.
Construction of these speculative units commenced in November 2022 by Growthpoint’s award-winning in-house development team. The new units will range from 3,600sqm to 5,700sqm.
“The buildings are designed and developed to be clean and modern, yet stylish – speaking to the innovation-focused nature of the development. The first two units are expected to be ready for occupation by July 2023. Construction of a further three units is on the cards to commence mid-year and welcome tenants in the first half of 2024,” confirms Leon Labuschagne, Growthpoint’s Head of Industrial Development.
Centralpoint, a multi-million-Rand development that forms part of Growthpoint’s industrial portfolio, is an ideal response to the demand for property uses such as complex light industrial applications, state-of-the-art distribution centres and data centres.
The new units join the six developments in Growthpoint’s Centralpoint Innovation District completed to date. Growthpoint recently added a new tailor-made 5,750sqm premises for Beckman Coulter. It also completed the turnkey data centre development of NTT Johannesburg 1 Data Centre at Centralpoint Innovation District, on behalf of NTT Ltd. Group, the world-leading global technology services provider, represented in Africa and the Middle East by Dimension Data, the South African systems integrator and managed services provider. Other developments in the precinct include the 10,000sqm Bakers SA Limited’s warehouse, distribution facility and regional offices, and the 27,000sqm Sterling Industrial Park.
“Centralpoint Innovation District is attracting steady demand from quality businesses, from technology to medical and logistics. This unique precinct has come to represent the future of high-tech efficient and sustainable businesses, and we are really confident about continued tenant take-up,” says Errol Taylor, Head of Asset Management: Industrial at Growthpoint.
In addition to its excellent location, Centralpoint offers all the advantages of security, power availability, diverse fibre connectivity and a well-maintained public precinct managed by a dedicated property owners’ association.
The precinct’s full range of integrated services connects infrastructure and technology efficiently. It provides 24-hour precinct security with CCTV cameras, access control and street lighting. The precinct includes beautifully landscaped gardens which are fully maintained.
The buildings are optimised for flexibility, with each having its own open-plan office area. Warehouse spaces have a clear spring height of 11 metres. LED high bay lighting is provided to all warehouse spaces, and natural lighting will be enhanced by means of translucent sheeting on certain vertical sections of the facades. The warehouses will be fully sprinkler protected, with sprinkler systems connected to backup pumps and tanks. Power allocations from 147kVA to 212kVA are available.
In keeping with Growthpoint’s commitment to sustainable building practices, the focus is on creating efficient, cost-effective and sustainable buildings. All facilities include energy-efficient air conditioning and lighting and structural compliance for solar photovoltaic panels.
The Samrand node is superbly central, being midway between Johannesburg and Pretoria. It is easily accessible from the N1, Gauteng’s major north-south arterial, and also offers easy east-west access, with O.R. Tambo International Airport being just 30 minutes away. The development is located in close proximity to established taxi and bus routes, and to the site of a future Gautrain station. Easy access to medical facilities, schools and large shopping centres further enhance its appeal.
Approximately 220,000sqm of GLA is available in total for future innovation. Facilities can be custom-developed by Growthpoint to suit the specific requirements of clients, and the site has industrial, office and retail zoning in place.
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ABOUT GROWTHPOINT PROPERTIES:
Growthpoint creates space to thrive with innovative and sustainable property solutions in environmentally friendly buildings while improving the social and material wellbeing of individuals and communities. It is an international property company invested in real estate and communities in South Africa and across the African continent, Australia, the UK and Eastern Europe. Growthpoint is 50% co-owner of the V&A Waterfront in Cape Town. Growthpoint is South Africa’s largest primary JSE-listed REIT. It is an established leader in commercial green developments and owns and manages the biggest portfolio of green-certified buildings in Africa.
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Growthpoint Properties Limited
Nadine Briers, Head, Marketing & Communication
Tel: +27 (0) 11 944 6251
VISIT growthpoint.co.za for more information.
FOR MORE INFORMATION OR TO BOOK AN INTERVIEW:
Bronwen Noble
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