Big names move to Trade Central in Melbourne’s booming north west corridor
MAB Corporation (MAB) has leased two major showrooms at its Keilor Park Trade Central development to ANZ and John R. Turk Electrical & Data Supplies.
Located in the heart of Melbourne’s booming north west corridor, Trade Central is a fully integrated trade precinct with showrooms, office warehouses and trade stores.
ANZ has signed a 10-year lease for the flagship corner building to establish a Business Banking Centre to service local businesses. National electrical wholesaler, John R. Turk, has signed a five-year lease and opened a showroom on the prominently located Keilor Park Drive site.
Mark Lang, ANZ Head of Business Banking VIC/TAS said: “Our decision to open a new business centre in Keilor reflects the growth that’s being experienced in Melbourne’s northern and western suburbs. ANZ is well positioned to support growth in the area with our local service to business customers.”
John R. Turk State Manager, Steve Palmer is also enthusiastic about the business expansion in the Keilor Park area: “As a growth area, Trade Central creates lucrative opportunities for our type of business, along with the high profile main road frontage of our showroom and the strength of the Trade Central name.”
The north-west growth corridor has accounted for over 40 percent of new residential construction since 2004. About 80,000 new dwellings will be required to meet population growth the next 15 years, an estimated average annual growth of two percent in comparison with the Melbourne average of 1.4 percent.
Industrial activity has also been strong over the past six years, with the western region averaging over a third of all industrial land consumption across metropolitan Melbourne.
“With its proximity to residential and industrial neighbourhoods, Trade Central is ideally located to service the area’s outstanding growth and activity. Businesses recognise its unique proposition as a self-contained precinct delivering a range of specialist products and services to customers”, said Will Vorrath, Senior Development Manager at MAB Business Parks.
Trade Central is part of the 60 hectare Translink Business Park which is home to premium businesses including Porsche, Ferguson Plarre and Lombard the Paper People. Over 60 percent of Stage One at Trade Central has been sold or leased to premium businesses.
About Trade Central
Trade Central offers businesses one of the most strategic locations in metropolitan Melbourne, situated only 15 minutes from the CBD and ports, less than five minutes from Melbourne Airport, 200 metres north of the Calder Freeway and 800 metres from the Western Ring Road entry and exit ramps.
This innovative development is designed as an integrated trade complex to allow businesses to tap into a captive trade customer base.
Stage One features 16 trade stores, five corporate office warehouses and four showrooms.