The Gate

Auckland

PROJECT SUMMARY
The Gate is an Industrial Estate, located in Penrose with tenants such as SCA Hygiene, Yates, Rapak, VSG and Recall.

The 15 hectare bare land site was purchased by McDougall Reidy & Co in 2000. The first stage of the site was developed by McDougall Reidy & Co and following completion in 2002.

The site was sold to Macquarie Goodman, with a joint venture agreement in place for the completion of the development.

END VALUE
$100 million.