Located in Balgowlah on Sydney’s northern beaches, the 20 year old headquarters of Blackmores Ltd had become unsuitable for its fast growing business operations.  Blackmores required larger, more modern premises, but wanted to remain in the northern beaches of Sydney.

Ray White Invest (through its subsidiary, Ray White Projects) was initially retained by Blackmores to assess its property requirements, the ability to aggregate neighbouring properties to enable expansion, and to identify suitable Greenfield sites in Sydney.

Depsite the scarcity of suitably sized individual sites in the northern beaches, Ray White Invest was able to source a number of alternative sites for Blackmores, including an option to expand its existing facility onto adjoining sites.

After an exhaustive process, Blackmores identified a 2.5 hectare site at Warriewood as its preferred location.  We managed the negotiations with the vendor on behalf of Blackmores, and co-ordinated the due diligence process.

We have been engaged by Blackmores as its project manager, to design, manage and deliver its new headquarters.  The role incorporated developing the design of the new facility, engagement of consultants, obtaining necessary regulatory approvals, appointment of a building contractor and final delivery for occupation by Blackmores.

The new headquarters provides state of the art offices, production and warehouse facilities, with extensive on-site amenities for Blackmores 250 employees.

Construction of the new headquarters commenced in December 2006 and completed in early 2009.

In addition to project managing the new facility, we were engaged to act as transaction manager for the sale of Blackmores existing headquarters.  This role involved preparing the property for sale, including highest and best use analysis, appointment and management of sales agents, and negotiations and conclusion of the sales transaction.  The sale was concluded in mid 2006.