Switchboard company will call Adelaide home
A national business headquartered in Melbourne is on its way to the Adelaide suburbs in a deal wrapped up last month.
The M.V. Manufacturing Group, which makes commercial switchboards, has taken on an office warehouse of 1700 sqm in Pooraka from landlord Khor Ltd, on a 3+3+3 lease for a net rental of $162,000.
JLL’s associate director of industrial services, David Ludlow, who negotiated the deal, said the property was vacant for less than a month before the lease was signed. “This is a quality manufacturing facility in a functioning business park environment,” he said. “The tenant was attracted to the high clearance improvements, quality finishes, gantry crane and wash bay.”
FAST FACTS POORAKA
Address: Unit 1, 35-37 Maxwell Road, Pooraka Property type: Office warehouse Agent: JLL, David Ludlow 0439 260 645