Leedwell Property brokers big lease for Moorabbin Airport Retail
Moorabbin Airport, a prominent retail destination located in Melbourne’s south-eastern suburbs, is excited to announce a new leasing by Leedwell Property, securing a prominent retailer presence at the thriving retail shopping hub.
Significantly, Moorabbin Airport is the second busiest airport in Australia, after Kingsford-Smith Airport, Sydney.
In addition to this, the airport also has a thriving non-aviation commercial centre, with a diverse offering of retail options, including Kingston Central Plaza and the Direct Factory Outlet (DFO) which provide employment for many local residents.
Due to an increasing market demand for tiles and flooring solutions, as well as the appeal of Moorabbin Airport as a premier shopping destination, the National Tiles brand has secured the location in response to this growing demand.
The company responsible for the major lease, Leedwell Property, offers market-leading intelligence in retail, commercial and industrial property with expertise across sales, leasing and asset management, development consultation, strategic advice and more.
Lease broker, Chris Parry from Leedwell Property said, “National Tiles’ decision to join Moorabbin Airport comes on the heels of their successful expansion program across their store network, driven by robust trading conditions in the hardware and building supplies sector.
Moorabbin Airport has become increasingly popular among retailers, largely due to its unique ability to house multiple national brands in a single location.
Whereas traditional precincts, like the Nepean Highway, consist of smaller individual properties separated over an extended distance.
Recently, Moorabbin Airport has secured several high-profile retailers in recent years including Decathlon, TK Maxx, ALDI.
The new store at Moorabbin Airport is expected to open soon.