Quadrant today has some 45 properties under management, over half of which are owned by the Levene family. Our externally managed properties comprise four significant suburban office buildings mostly on Auckland's North Shore, four industrial investments and a small office building in South Auckland. We also represent a well known nationwide retailer.
Having a team of experienced and dedicated staff with a wide range of skills also allows us to undertake advisory work such as project management, lease management, financial modelling and due diligence work.
Quadrant continues to develop properties for retention in the Levene investment portfolio but has also sold some new developments for portfolio balance and timing reasons. Quadrant has also been an active land subdivider of industrial land in recent times and undertaken Development Management work for key clients. Quadrant is very conservatively funded and its projects are currently 100% equity funded.
AREAS OF BUSINESS ACTIVITY
Quadrant has staff based at its Auckland Head Office and in Tauranga.
The HomeZone Bulk Retail Centres at Mairangi Bay and Mt Maunganui have been developed by Quadrant associated companies and these centres both continue to be managed by Quadrant. Development of further HomeZone Bulk Retail Centres are pending.
Quadrant has been an active developer throughout New Zealand with completed projects in Whangarei, Auckland, Hamilton, Mt Maunganui, Tauranga, Rotorua, Palmerston North, Wellington and Christchurch and has current projects in most of those areas in the industrial and retail property markets.
Quadrant has a reputation for developments contracted "ahead of the market" and for projects that are technically complex. In particular several major industrial projects for McCollam Print, Steel & Tube Stainless, Pilkington Glass, Ancare New Zealand and Locker New Zealand are excellent examples of projects with a high degree of design and construction complexity that furthermore required advanced lease structures.