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News release

Brisbane

Brisbane’s Archerfield delivers headquarters after a 12-month search


​BRISBANE, 23 January 2014 – The Porter Group, the exclusive dealer for Hyundai Construction Equipment in Australia and New Zealand, has leased their new headquarters in Archerfield after a 12-month search. The deal was led by Jones Lang LaSalle’s Gary Hyland. 

“Some 12 months ago Porter Group was looking to consolidate three sites into the one facility, including their expansion of a new business, Porter Hire specialists, in renting earthmoving equipment. They had very specific pre-requisites,” said Mr Hyland. 

“They needed a site that could accommodate their sales and display, rental fleet, servicing, administration and distribution as well as provide them with strong exposure. Given the scarcity of property offerings in Brisbane’s industrial hub areas, finding the right fit took time,” he said. 

The property at 117 to 123 Beatty Road in Archerfield features some 5,139sqm of lettable area over two buildings and is located on 12,970ha of land.  

My Hyland said the two separate buildings were ideal for Porter Group as they were able to accommodate their administration and rental business in one building and their sales and servicing in the other.  

“The additional hardstand on the site provides ample storage for their equipment and the Beatty Road location provides exposure for their sales business,” said Mr Hyland.

The initial lease term was for five years and while the rental is undisclosed, market sources indicate it would be in excess of $560,000pa.