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Commercial Property South Africa

New showroom, warehouse at Longmeadow

A R54 million showroom and warehousing centre in Longmeadow Business Estate developed by Griffin Developments for Kevro, one of the largest corporate clothing and promotional gifting wholesalers in Africa, has been funded by Nedbank Corporate Property Finance: Gauteng.

The development comprises 2300m² of A-grade office and showroom space split over three levels, and 8500m² of warehouse space. The 11m high, sprinkler-protected warehouse includes backup pumps and tanks. Efficient yard planning, good perimeter security, integrated building signage and the use of indigenous landscaping complete this prestigious development. Griffin owns approximately 300 000m² of zoned, proclaimed and serviced industrial and commercial land strategically located throughout Gauteng and KwaZulu-Natal.

Kevro is a trade only supplier, wholesaling to promotional companies, independent retailers and advertising and event companies who in turn supply the corporate market from its head office and branches in Pretoria, Cape Town, Durban and Port Elizabeth.

Ken Reynolds, divisional executive of the Gauteng division of Nedbank Corporate Property Finance said that the bank elected to get involved in this development due to the calibre of Griffin Developments. "Nedbank is proud to be associated with this project in conjunction with Griffin, its contractors and professional team, which all contributed to the success of the development. The team was able to complete construction within 10 months, despite severe weather and site drainage conditions, which is to be commended."

The property is located in the Longmeadow Business Estate in Modderfontein, centrally located between Sandton, Midrand, Johannesburg CBD and OR Tambo International Airport. The estate has its own direct off-ramp from the N3 motorway, ensuring easy access at all times.

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