Qube has today announced it has exchanged two Agreements for Lease and two Development Management Agreements with the Woolworths Group to develop new major warehousing across 26 hectares at Moorebank Logistics Park, the largest intermodal logistics precinct in Australia.
The new facility for Woolworths will consolidate operations into a unique purpose-built high bay facility, leveraging world-leading advancements in retail, supply chain, and semi-automated and automated technology.
Maurice James, Managing Director, Qube welcomed Woolworths to Moorebank. “We’re delighted Woolworths has recognised the significant competitive advantages available to tenants at the Moorebank Logistics Park. The benefits of railing containers direct from Port Botany to a terminal co-located with warehousing across a site the size of the Sydney CBD will deliver Woolworths time and cost efficiencies” he said.
Woolworths Group CEO Brad Banducci said: “The investment at Moorebank will transform the way we serve our NSW stores, strengthen our network and deliver on our ambition to create Australia’s best food and grocery supply chain.”
Full release available: https://bit.ly/2AQI47F