Dexus acquired the strategically located development site at ‘Quarry at Greystanes’ in 2007 with the purpose to progressively develop the site into a premium industrial precinct.

Dexus Approach 

  • Acquired the first strategically located development site at ‘Quarry at Greystanes’ in 2007 
  • Progressively developed 16 pre-lease and speculative industrial facilities, setting new benchmarks in design and sustainability and securing a community of high calibre tenants
    • Introduced the Australian Industrial Partner as a new capital partner 
  • Acquired off market an adjoining parcel of land at Quarrywest at Greystanes in June 2014 forming the Dexus Industrial Partnership with a new capital partner, where development is now underway

Delivering Performance 

  • Development at Quarry at Greystanes has now completed, with the estate now 100% leased and a WALE of 7.8 years 
  • Quarry at Greystanes is now valued at over $380 million1, across approximately 168,000 square metres 
  • Quarrywest at Greystanes, when complete will add approximately a further 126,145 square metres to the estate
As at 30 June 2016.