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Alderson Drive Limited Partnership

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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