Arterial Industrial Estate's first units snapped up

Growthpoint's new development in Blackheath has already seen two units taken by Jotun, one of the world's renowned paints and coatings manufacturers.

Arterial Industrial Estate is a ground-breaking development that saw phase one commence in July 2023. The R509million two-phase development is set on an impressive 71 656m2 site.

The first phase will consist of 6 units each with a double storey office block, cleverly designed to allow the flexibility of linking units to accommodate future expansion.

Jotun has combined two units for its new head office measuring 5 713m2. Growthpoint's ability to accommodate the company's extensive fire protection needs earned them a significate investment from Jotun for the next decade.

Timothy Irvine, Growthpoint Regional Asset Manager for the Western Cape, remarks, “We are pleased to extend our good relationship with Jotun, and to accommodate the bespoke solutions necessary to match their specialised requirements and high standards.”

Jotun will begin trading from its new home from April 2024. martin Trane Ibsen, MD of Jotun Paints South Africa, says “Our newest, state of the art Warehouse, factory and Southern Africa head office hub situated in Cape Town will increase our capacity and capabilities in Southern Africa. It is a huge step forward in supporting our customers across the region and the country, and we are pleased to partner with Growthpoint for the long term as we continue to grow our presence in this market."

The site's key features include a central location to arterial roads, air and sea ports, public transport, access control and 24-hour security as well as water and energy efficiency.

The development of Arterial Industrial Estate is not only driving economic growth, but its commitment to sustainability aligns with climate targets of many local and international companies.

“Embracing green building practices is our standard. Sustainability is deeply ingrained in our approach. Arterial Industrial Estate will achieve a 4 Star Design and Built Green Star ratings. With regulations getting stricter and utility costs rising, prioritising efficient buildings has become even more crucial,” says Irvine.

Upon phase one's completion, development will commence to phase two encompassing 21 728m2, and will add a further 6 units, enhancing the park's capacity to cater to disperse business requirements.

Written by Kirsten Chalice, Marder Properties

(info and picture sourced from Growthpoint)