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Sector

Commercial property

Total asset value

9.37 million

Land area

1.1318 ha

1.13 hectare property located in the North Island’s second largest logistics hub.

Alderson Drive is a modern, controlled temperature storage facility purpose-built in 2013 for fresh produce and other short shelf life products.

The facility is located on Alderson Drive in the North East Industrial Park, Palmerston North – right in the heart of a rapidly expanding road and rail distribution hub servicing a market of approximately 1 million people in the lower North Island.

The site is currently leased to T&G Global, one of New Zealand’s largest domestic fresh produce distributors and exporter to 60 countries.

Operational Partner

Freshmax NZ Ltd, a wholly owned subsidiary of Turners & Growers Fresh Limited, a subsidiary of T&G Global Limited

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