Fortress Income Fund, a provider of logistics and warehousing facilities for blue chip tenants, recently launched the Westlake View Logistics Park in Modderfontein, Gauteng.
The facility, which is valued at R350-million, comprises two phases. The first – a 17 838 sq metre warehouse with 2 040 sq metres of office space – was completed at the end of March and is ready for occupation. Construction of a further 20 000 sq metres of warehouse space is due to start soon, with the complex scheduled for occupation in mid-2018.
According to Andrew Teixeira, Westlake View has been designed in accordance with latest global best practices and incorporates top grade safety and security features.
He emphasises the importance of height and floor specifications in developing warehousing solutions, noting that the initial warehouse at the complex has been built to a height of 13,5 metres to the underside of the eaves, allowing for racking up to 12 metres. This is the highest pallet position that can be accessed by standard equipment, minimising the need to use expensive, specialised equipment, Teixeira says.
“The FM2 joint-less floor is a solid platform that can take a 12-ton point load. This not only allows easy access for equipment to be used within the space, but also minimises wear and tear on equipment used within the warehouse.
“Our model represents the future of logistics. South Africa’s rate of import is still growing and, with it, there is an increase in the demand for warehousing facilities.”
For more information, visit www.fortressfund.co.za
