Fortress Logistics has announced the completion of its second state-of-the-art logistics development in the Cornubia Ridge Logistics Park in Durban’s growing northern node.
Jason Cooper, Head of Developments at Fortress REIT says the company’s current R675 million capital commitment – as part of their pipeline of a million square meters of warehousing – speaks to the confidence that Fortress has in South Africa’s growing logistics real estate sector.
“We have some of the largest logistics parks in the most sought-after precincts in South Africa” he comments.
Situated next to the new Makro in Umhlanga, the offramp at the Gateway interchange provides for easy access to the N2. The development offers 23 000m2 of A-grade logistics space is available for rental which can be sub-divided.
The development boasts a safe and secure indigenous park environment with the latest in high-end logistics attributes. Specific features include fifteen meters to the eaves for increased racking space. “The ability to rack higher has profound implications for the utility and value of space which offers tenants better value,” commented Cooper. Optimal column spacing achieved by maximising roof span is a critical aspect of warehousing space.
In a power-challenged age, the use of natural light reduces power consumption. At the same time, weight-bearing roof trussing allows easy installation of solar panels for efficient green power. Yard space and easy off-loading designed for the reticulation of super-link trucks is a key feature of the development.” explains Cooper.
Another differentiator is Cornubia’s fire management system which is supported by independently powered water tanks.
“This new generation logistics park in Umhlanga will be sought after by tenants given the location and accessibility within this high growth node,” he concludes.