Exertis plan to expand with move to Fonthill Business Park
By Maurice Garvey
EXERTIS Ireland plan to expand their operations with an agreement for a new headquarter facility at Fonthill Business Park on Fonthill Road, Clondalkin.
The deal will see the assignment of the lease on Unit 21 on behalf of Healthcare 21 following its decision to relocate to a new warehouse off the Naas Road.
Exertis Ireland who are based at Ballymount plan to expand their operations to Fonthill Business Park
Exertis Ireland, a DCC subsidiary, were formally based at an office and logistics facility in the M50 Business Park, Ballymount.
While the lease on Exertis Ireland’s new premises has just over two years to go to expiry, the company will have the right to apply to renew it.
In making the move to Fonthill, Exertis will benefit from a rent that is well below current market levels at €650,000 per annum.
The figure equates to just €81.12 per sq m or €7.53 per sq ft for two years.
Industrial property specialist Harvey represented Healthcare 21 in the transaction while FJ Frisby & Associates acted on behalf of Exertis Ireland.
Unit 21 comprises a modern detached headquarter facility of 8,013sq m on a site of 4.07 acres.
The unit’s 10m-high warehouse extends to 4,894sq m with an additional 338sq m of sub-mezzanine space.
The property has seven dock levellers and one level access door. The office space extends to 2,300sq m (24,757sq ft) and is laid out in a mix of open-plan accommodation, meeting rooms, training rooms and a boardroom.
The building’s office reception is located within a triple-height glazed atrium with an open-tread staircase and passenger lift.
Founded over 40 years ago, Exertis employs more than 220 people in Ireland and sits within one of the four divisions of the FTSE 100-listed company, DCC.
An industry-leading distributor of technology products and specialist services, the company will move its operations to Fonthill along with two other DCC Technology businesses, Exertis Global Operations and Macro Evolution Services (MacroEV) this summer.
Fonthill Business Park, which was developed by Green Property, includes tenants Musgrave, Glanbia, Whirlpool, Dunlop, Amari, DID Electrical, An Post, Avery Dennison and Consentino.
The retail park at the front of the development meanwhile features both Aldi and Lidl supermarkets, Homebase, Home Store & More, EZ Living, Power City, Intersport Elverys, and Cash & Carry Kitchens.
With Exertis Ireland’s move to Fonthill imminent, its current premises in the M50 Business Park is being offered to the market by FJ Frisby & Associates at a guide price of €9 million. The unit comprises a detached headquarter facility of 50,000sq ft, including 24,000sq ft of office space, on 3.3 acre site with parking for 184 cars.
The property comes for sale with full planning permission for the construction of a new 13,700sq ft warehouse extension with an ancillary trading area, offices, staff site entrance, and the reconfiguration of the existing car park.
