Nedbank Corporate Property Finance: Cape has funded the development and completion of a R76m industrial facility in Blackheath, on behalf of Macadams International.
The 17,500sqm purpose-built facility will be used to home the group manufacturing companies, Macadams Baking Systems and RA Plastics.
The development has been designed with green principles in mind: ten 5,000 litre tanks to collect rainwater from the roof have been incorporated into the design, and these are used to supply the toilets, urinals and irrigation systems. Hot water is supplied by three solar powered geysers and a number of indigenous trees and shrubs have been planted to encourage birdlife back into the area.
Monitors on the roof and clear sheeting on the sides of the building allow natural light in so that the main warehouse lights do not have to be left on at all times.
Macadams offers an extensive range of baking-related equipment such as ovens, provers, mixers, moulders and food service equipment. The company has sales offices in Johannesburg and Durban and is part of Universal Industries.
Richard Thomas, divisional executive of the Cape division of Nedbank Corporate Property Finance, says the bank funded this facility for a combination of reasons. “Our long-standing relationship with the client and tenant was a major consideration, but equally important were the outstanding property fundamentals – good location, strong tenure and a known and capable professional team and construction company.”
Source: Cape Business News
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