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MRS are delighted to have been appointed by The Ahrens Group Pty Ltd to provide them with assistance with various aspects of the management, development and maximisation of their property portfolio in South Australia and interstate. Ahrens are a fourth generation, family company with a history dated back to 1906. A specialist construction and engineering company employing over 200 people across Australia, and catering for a diverse range of industrial, commercial and rural clients, Ahrens has operations in Victoria, Queensland, Western Australia, Tasmania and Northern Territory as well as its South Australian based Head office at Kingsford Industrial Estate. For more information on Ahrens, please www.ahrens.com.au |
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Gerard Corporation Property Portfolio, Bowden Gerard Corporation has sold its ten (10) hectare “Clipsal Site” at Bowden to the State Government. The Government is now seeking private sector partners to transform the site into a mixed use, residentially focussed, Transport Oriented Development centred around the Bowden Railway Station. MRS assisted Gerard Corporation with its review of options for the future use of the property, preparation of the information required prior to marketing, selection of an agent to undertake the marketing campaign, negotiation of the commercial terms of the sale and coordination of due diligence investigations. |
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491-499 South Road, Regency Park Longstanding MRS client, the Industry Superannuation Property Trust (ISPT), purchased this property with vacant possession in the second half of 2008. Through the balance of 2008 MRS worked with ISPT, with the assistance of Jones Lang LaSalle, to secure the commitment of two tenants, Cork Supplies Australia (6,430 square metres) and the Construction Industry Training Centre (5,410 square metres), to the whole of the property. This leasing result has produced an outstanding property outcome for ISPT, with the net income providing an excellent return on the acquisition price and redevelopment costs. MRS have also acted as Development Manager on ISPT’s behalf during the redevelopment phase. |
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Charles Sturt Industrial Estate (CSIE) With the recent completion and opening of the Harvey Norman Showroom adjacent to Bunnings Warehouse, the development of Charles Sturt Industrial Estate (CSIE) has been completed. The culmination of seven years of master planning, demolition, remediation, infrastructure upgrading and new building work is an industrial estate of which the owners, the Industry Superannuation Property Trust (ISPT), can be justifiably proud. In addition to Bunnings and Harvey Norman, other tenants on the site include Ausdoc, Parbury, Boral Timber, O’Donnell Griffin, AI Automotive, the Commonwealth Government, Bax Global, Radio Rentals, Kuehne & Nagel, David Jones, Diverse Data, Events SA and Schenker Logistics. There can be no doubt that CSIE is now the premier Industrial Estate in South Australia. MRS have assisted ISPT in all aspects of this project since our establishment in 2002. We are grateful that ISPT saw fit to entrust us with our role in the project and are absolutely delighted to have been able to assist them to bring this outstanding investment to its completion. |
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Southlink Industrial Park When Lonsdale Developments Pty Ltd purchased the former Mitsubishi engine plant at Lonsdale in 2006, MRS were appointed Project Coordinator/Client Representative in a role similar to our role at Charles Sturt Industrial Estate. From initially master planning the site to relaunching it as the Southlink Industrial Park, MRS have:
MRS are also appointed Property and Asset Managers for the Park |
 Southlink Industrial Park, 1 Sherriffs Road, Lonsdale |
| Siteworx by Boylen |
