Ballance Agri-Nutrients
Each of these case studies was written shortly following completion of the relevant development or other significant lease-related event. While accurate at that time, in some cases, circumstances have changed, including PFI’s ownership of the property, the identity of the tenant, property specific metrics (including rent) and/or use of the property.
Overview
Ballance Agri-Nutrients, based at 124b Hewletts Road, Mt Maunganui, partnered with Property for Industry (PFI) to improve productivity. PFI built a custom warehouse and secured direct access to the Port of Tauranga.
Ballance Agri-Nutrients are in the productivity business: their fertilisers enable New Zealand’s farmers to carry more stock, to grow more abundant crops. No surprise, then, that Ballance were keen to improve their own productivity: at their site in Mount Maunganui.
Many of their raw materials are imported – and their products distributed – through the Port of Tauranga. If they could stay off public roads when transporting materials back and forth between the ships and the plant, they could use bigger trucks and save time and money.
The Port of Tauranga – and PFI – made it possible. As part of a 15-year lease agreement with Ballance, we designed and built a warehouse facility with floor and yard areas able to handle the heavy loads and with an enclosed canopy for all weather loading and distribution. And we negotiated direct port access with Port of Tauranga, providing a short cut that kept Ballance delivery vehicles off public roads. At PFI, we’re out where the work gets done, helping New Zealand work smarter.
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