Foodstuffs North Island has announced that it is marketing for sale its 4.0369ha site at 57 Kiln Street, Silverstream in Upper Hutt. “Foodstuffs is committed to maintaining its Wellington operations, but no longer requires the entire 23,500sqm warehouse and office complex and is assessing options to either sell the site and take a leaseback over a portion of space or to move its office staff to an alternative location within the Hutt Valley,” Foodstuffs North Island’s General Manager of Property Development, Lindsay Rowles, said. Citing more space than they need at Kiln Street, the company is looking to alternatives. They plan to work with prospective buyers to lease back part of the site in the short to medium term. “Our bottling plant may remain in a portion of the warehouse at Kiln Street on a leaseback arrangement. depending on the availability of suitable alternative premises in the Hutt Valley and feedback from prospective purchasers,” Rowles added, “given the strength of the current property market, it’s a good time for us to sell and reinvest the funds in our stores network.” The Kiln Street site has a 17,708sqm warehouse and 5,773sqm of office space, with 167 carparks. It is being marketed for sale by Bayleys and Tenders are open from March 10 until April 12. Caption: Lindsay Rowles.