Australian Pharmaceutical Industries (API), the parent company of Priceline Pharmacy, Soul Pattinson Chemist and Pharmacist Advice, is strengthening its operational capabilities by committing to a new purpose-built NSW distribution centre in Marsden Park.
The facility will be developed by Sydney Business Park, with an estimated Capital Investment Value of $75 million. It will be 32,506 square metres in size on a 43,950 square metre site area located at Hollinsworth Road, Marsden Park.
The temperature-controlled facility will feature an automated storage system, an integrated mezzanine and a 7,440 square metre basement for vehicle dispatch. It will also incorporate a range of environmentally sustainable design elements, such as a 500-kilowatt solar system and rainwater harvesting for landscaping and amenity re-use.
“The new distribution centre will provide significantly greater operational benefits through a leading-edge automation system and smart warehouse design that maximises floorspace and promotes safety and sustainability. We are looking forward to moving into this new facility and bolstering our supply chain to continue growing our 110-year-old business,” API general manager of supply chain and consumer brands, Jim Redfern said.
API partnered with specialist property and supply chain firm TM Insight in procuring the new site. TM Insight secured a 15-year lease for API with Sydney Business Park and will now also project manage the new build on behalf of API.
“A significant transformation project of this nature will enable API to optimise their core business performance in both the short and long term,” TIM Insight director, Jack Moroney said.
“We ran a highly competitive property procurement process to ensure API’s bespoke operating needs were accommodated. Our team now look forward to continuing to work on behalf of API and alongside Sydney Business Park to project manage the delivery of this purpose-built solution and integrate the automation into the base building. This will ensure API are ready to operate efficiently from day one of the lease.”
Sydney Business Park sales and leasing director, Matt Foldes added: “We are thrilled to have secured this major pre-commitment from API, which will add significant value to the Sydney Business Park estate. API’s new distribution centre will now prosper from being in a premium business park environment, with superior transport and logistics benefits given the site’s close proximity to the Westlink M7 Motorway.
“Our master planned, campus style development, with high quality landscaping and streetscape, as well as excellent amenity are some of the key features of our site, which enables us to attract blue chip businesses, such as the likes of API.”
The site is expected to be operational in the second half of 2022.
This article was first published on retailbiz.com.au.