JLL's Logistics & Industrial Team stands at the forefront of Auckland's dynamic industrial real estate market, offering a unique blend of local expertise and global insights.
This diverse group of professionals covers key industrial precincts across the region, delivering tailored solutions that meet the evolving needs of clients in an evolving landscape.
Led by Richard McNaught, Head of Logistics & Industrial for Auckland, the team has built an impressive track record of high-value transactions.
McNaught emphasises the team’s collaborative approach. “Our 'One JLL' philosophy is more than just a catchphrase,” says McNaught.
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“It's the cornerstone of our service, enabling us to provide comprehensive solutions, foster stronger client relationships, and achieve optimal outcomes in an increasingly complex real estate environment.”
The team's reach extends across Auckland's industrial landscape, with specialists dedicated to each key area.
In South Auckland, McNaught partners with Charlie Todd and Hayden Church, capitalising on the growing logistics and industrial hubs of Māngere, Wiri, and areas further south.
Their combined expertise has been instrumental in navigating the unique challenges and opportunities of this sought-after and growing region.
Industrial activity in the Northwest market is equipped by a team boasting sound market knowledge and a proven track record in closing significant deals.
Euan Stratton, who leads the area, along with Luke McGill, David Mayhew and Omar Torres, have teamed together to secure a comprehensive coverage of the region.
Their understanding of the area’s key tenant groups and their expertise in unlocking industrial land has facilitated many successful transactions, demonstrating an acute understanding of market dynamics.
Central Auckland benefits from the combined 25 years of experience of Jeremy Barnett and Danny Guise. Their expertise spans the industrial heartlands of Onehunga, Penrose, and Mount Wellington, with current listings in Panmure and Papatoetoe.
This extensive coverage allows them to offer clients a comprehensive view of opportunities in the central region.
In the growing East Tāmaki area, Chris Wakim and Jack Anderson bring a mix of seasoned experience and fresh energy. They deliver innovative solutions that address the diverse needs of clients in this market, balancing traditional industrial requirements with emerging trends in logistics and e-commerce.
These tailored solutions are further enhanced by Maeve Keating, a specialist in Occupier Services offering support for multi-national occupiers across the Trans-Tasman region and enhancing the team’s ability to deliver exceptional service, positioning them as the go-to experts for industrial property solutions.
Recent market analysis conducted by JLL reveals the resilience of Auckland's industrial sector in the face of broader economic challenges.
As of the third quarter of 2024, the overall vacancy rate in Auckland's industrial sector remains tight at 2.3%, highlighting the continued strong demand for industrial space across the city.
This low vacancy rate, combined with stable rents and ongoing development activity, paints a picture of a market that continues to attract both tenants and investors, despite global economic uncertainties.
The team's commitment to staying ahead of market trends is evident in its approach to sustainability and technology integration in industrial spaces.
They're actively involved in advising clients on green building practices, energy efficiency measures, and smart warehouse solutions, ensuring that Auckland's industrial sector remains competitive on a global scale.
As 2024 draws to a close, the JLL Logistics & Industrial team reflects on another year of navigating challenges and seizing opportunities.
The team stands ready to address any enquiries, offering expert guidance on property strategies tailored to individual goals and market conditions.
Whether clients require in-depth market research, customised property assessments, or strategic advice on portfolio optimisation, JLL's area specialists are available to provide support.
A comprehensive understanding of local sub-markets, combined with insights into global industrial trends, positions them uniquely to help clients make informed decisions in an evolving real estate landscape.
As Auckland's industrial sector continues to adapt to changing economic conditions, technological advancements, and shifting consumer behaviours, the JLL team remains at the forefront, ready to guide clients through the complexities of the market and towards sustainable success.
- Supplied by JLL
