PR60856

Goodman Birtcher signs one of the largest logistics leasing deals in the past 10 years in Southern California with Georgia-Pacific for 1.6 million s.f. at Rancho Cucamonga

LOS ANGELES, June 11, 2015 /PRN=KYODO JBN/ --

Goodman Group, one of the world's largest industrial property groups, with a

global network spanning 16 countries and $23 billion (A$30.3 billion) of assets

under management, today announces that its wholly owned North American

subsidiary, Goodman Birtcher has 100% leased the 1.6 million square foot

Goodman Logistics Center Rancho Cucamonga to Georgia-Pacific for a long term

lease.

The lease transaction has been signed one month prior to project completion and

is one of the largest leases signed on an industrial development in Southern

California, in the past 10 years.

Georgia-Pacific, a U.S. company based in Atlanta, Georgia, is a leading

manufacturer and marketer of bath tissue, paper towels and napkins, tableware,

paper-based packaging, office papers, cellulose, specialty fibers, nonwoven

fabrics, building products and related chemicals. Beginning in August, a third

party management company will operate a distribution facility at the Goodman

Logistics Center Rancho Cucamonga to support Georgia-Pacific's consumer

products business.

Brandon Birtcher, Chief Executive Officer of Goodman Birtcher said: "We are

delighted to welcome Georgia-Pacific to our LEED certified Goodman Logistics

Center Rancho Cucamonga. This Class A logistics campus typifies our approach to

providing flexible, high quality, modern industrial space in strategic

locations, capable of meeting our customers' unique operational requirements."

Goodman Logistics Center Rancho Cucamonga is situated in the Inland Empire

West, with excellent access to I-10 freeway, a primary transport route to the

Ports of Los Angeles / Long Beach and Ontario International Airport.

The facility is yet another project of Goodman Birtcher's $1.5 billion

development pipeline, providing 15 million square feet of Class A logistics

space in core US markets including California, Pennsylvania and New Jersey.

Goodman Birtcher is progressing with the rollout of its development pipeline

and currently has three flexibly designed, large format logistics and warehouse

developments underway in the Inland Empire market of Southern California. On

completion, these developments in Rancho Cucamonga, Fontana and Eastvale will

provide a combined 4.3 million square feet of prime space, suitable for a range

of customer groups.

For further information, please contact:

Goodman Birtcher

Ben Bytheway

Ben.Bytheway@goodman.com

949-407-0103

About Goodman Birtcher

Goodman Birtcher is a wholly owned subsidiary of Goodman Group, established in

June 2012 and includes the former business of Birtcher Development and

Investments. The North American Headquarters are located in Irvine, California

with a regional office in Allentown, Pennsylvania.

www.goodmanbirtcher.com

About Goodman

Goodman Group is an integrated property group with operations throughout

Australia, New Zealand, Asia, Europe, the United Kingdom, North America and

Brazil. Goodman Group, comprised of the stapled entities Goodman Limited,

Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest

industrial property group listed on the Australian Securities Exchange and one

of the largest listed specialist fund managers of industrial property and

business space globally.

Goodman's global property expertise, integrated own+develop+manage customer

service offering and significant fund management platform ensures it creates

innovative property solutions that meet the individual requirements of its

customers, while seeking to deliver long-term returns for investors.

www.goodman.com

About Goodman North American Partnership

Goodman North American Partnership (GNAP) was launched in August 2012 and is

the investment vehicle for all North American assets developed and sourced by

Goodman Birtcher.

GNAP is a partnership between Canada Pension Plan Investment Board (CPPIB)

(45%) and Goodman (55%). CPPIB and Goodman have targeted an equity allocation

of US$2.0 billion to GNAP.

GNAP's investment strategy is focused on the development of and investment in

prime quality logistics and industrial facilities in key locations across North

America. Opportunities will be sought in the key West Coast logistics hubs of

Los Angeles, Inland Empire, San Francisco, and Seattle, with New Jersey and

Philadelphia to be targeted on the East Coast. Other key logistics hubs based

around inland ports, intermodals and tier one sea ports will also be considered.

SOURCE: Goodman Group