Marsden Maritime sells surplus 41.5ha site for $4M, completing land consolidation

Sun, 29 Oct 2017

By Jonathan Underhill Oct. 30 (BusinessDesk) - Marsden Maritime Holdings, which owns half of the Marsden Point-based Northport, has sold a net 41.5-hectare block of industrially zoned farmland for $4 million after a deal that allowed it to consolidate its land holdings. The company said the block was sold to a major New Zealand-based timber importer and processor. The sale follows Marsden Maritime's announcement in April that it had acquired a 55ha block of industrially zoned farmland at Marsden Point that bordered three adjacent company-...

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