November 18, 2019

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R240m Sterling Industrial Park nears completion

Growthpoint Properties’ R240m Sterling Industrial Park development in its Centralpoint innovation district spans 27,000m2 of gross lettable area, and will comprise eight freestanding units of various sizes, ranging from 2,500m2 to 4,500m2.

The first two units are occupied by Screamer Telecoms and Daming Aluminium. The next four units were completed recently and are available for occupation, while Sterling Industrial Park’s final two units will be completed before the end of 2019.

Located in Samrand, the Centralpoint development spans around 42 hectares of land with 220,000m2 of development potential.

“Centralpoint is a vibrant, growing business community in a high-demand area with excellent access, and many benefits and amenities, including all-important public transport. It is strategic for Growthpoint as we further strengthen the logistics and warehousing component of Growthpoint’s diverse industrial portfolio,” says Errol Taylor, head of asset management: industrial at Growthpoint.

Sterling Industrial Park is Growthpoint’s second major development in Centralpoint, which is being rolled out by Growthpoint’s trading and development team.Get a daily news update via WhatsApp or sign up to our newsletters.

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