ESR Australia and Toll Group have committed to invest A$420 million ($278 million) into a next-generation retail distribution and fulfillment facility at ESR Australia's A$1.2 billion ($794 million) Westlink Industry Park in the Sydney metro area.
Toll Group has signed a 10-year lease at the park in New South Wales for a site spanning 10.8 hectares (27 acres), which will include a 68,000-square-meter (731,945-square-foot) retail distribution and fulfillment facility, including office space and ancillary amenities with a 300-space multi-deck car park.
The companies said the new next-generation facility will largely be powered by renewable energy through extensive solar panels, supported by battery storage. It also will seek to minimize consumption through sustainability initiatives such as LED lighting, rainwater harvesting and EV charging facilities. In addition, the state-of-the-art warehousing and distribution facility will feature A$75 million ($50 million) of highl