Located at 100 Bolinda Road, Campbellfield VIC, the super-prime facility provides five warehouses totalling 45,375sqm within a 7.92ha site. The development was officially opened by Federal Member for Calwell, Maria Vamvakinou MP; Treasurer of Victoria, The Hon. Tim Pallas MP; State Member for Broadmeadows, Kathleen Matthews-Ward MP; State Member for Greenvale, Iwan Walters MP; and Hume City Council Mayor, Cr Naim Kurt. M80 Connect has been delivered to meet rising occupier demand for modern, sustainable facilities in north Melbourne’s industrial heartlands where vacancy rates have reached a low 0.7%.

Prior to opening, M80 Connect is c.56% leased with power infrastructure and critical equipment enclosure specialist, EnerSys Group Australia & New Zealand; and global logistics company, LX Pantos.

When fully occupied, it is anticipated M80 Connect will deliver c.280 new jobs for the Campbellfield community. This is in addition to the 450-675 jobs generated during the property’s development.

The property is owned by CIP, was developed by Cadence Property Group in conjunction with Centuria’s in-house development team. The estate was delivered by builder Texco Construction. Jesse Curtis, Centuria Head of Funds Management, said, “It is a privilege to open M80 Connect in the company of such esteemed leaders. Their presence highlights the growth of Australia’s industrial sector and its significant contribution to our economy from a local to a national level. The domestic industrial markets continue to be driven by burgeoning ecommerce adoption and rising onshoring trends, creating more jobs and supporting other expanding industries such as infrastructure, logistic and retail.

“Within the north Melbourne industrial market, M80 Connect stands out as the beacon of a new generation of industrial development with strong sustainability credentials and spaces that lend themselves to last mile operations. We are proud to provide our customer tenants with such a high-quality new premise for their businesses and warmly welcome ICS Industries and LX Pantos to their new home.”

Charlie Buxton, Cadence Property Group Chief Executive Officer, said “M80 Connect is our second development delivered in partnership with Centuria, following the successful completion of Southside Industrial Estate in Dandenong South. It presents and outstanding opportunity for tenants to secure A-grade industrial space in this tightly held location and comes at a time of very tight vacancy.