Supplier update: Zenexus

Storage products supplier Zenexus has taken on a seven-year lease at a property in the 41.3-hectare Rubix Connect industrial estate owned by Frasers Property Industrial, according to a report in the Australian Financial Review. It will occupy a 15,000sqm combined head office and state distribution centre located in the Melbourne suburb of Dandenong South.

The facility comprises 13,724sqm in warehousing space and 1280sqm of office space. The facility, expected to be operational in October, will source certified carbon-neutral electricity and will target a Five-Star Green Star Design & As Built v1.3 rating by the Green Building Council of Australia. Commercial real estate agency TMX Global secured the deal for Zenexus.

The wide range of Zenexus products can be found in the aisles of Bunnings stores.

The company also has a five-year lease on a 9870sqm purpose-built facility that was being built on a 4.2ha site within Goodman Group's Redbank Motorway Estate in Queensland, according to The Courier-Mail.

Back in August 2021, Zenexus Group general manager Joe Guthrie said the distribution centre will drive greater efficiencies to the company's operations and will support its continued growth and strategic business plan. He told The Courier-Mail:

Our sector has seen an increased demand in home improvements from the impacts of lockdown and with this new facility we will be able to meet this demand by creating maximum efficiencies in our supply chain network to enable smoother and faster distribution.

TMX's Matthew Frazer-Ryan who struck the deal, said the Redbank Motorway Estate continues to attract large scale national and multinational occupiers due to its location near transport routes.

Related: In 2020, power tools and gardening equipment supplier Ozito became the first tenant in the Rubix Connect estate.

Ozito leases new warehouse - HNN eNews #139, September 2020

Sources: Australian Financial Review and The Courier-Mail