Property for Industry Ltd said today it’s completed the first settlement for an industrial property at 25 Langley Rd in Wiri, and expects to make a second settlement in May, once an additional 3240m² of warehouse & 120m² of office are built.
PFI announced its $36 million purchase of the 3.5ha industrial property this month.
The tenant, steel fabricator Grayson Engineering Ltd, will start a 12-year lease on completion.
9 December 2019: PFI buys extended Wiri property
Attribution: Company release.