Goodman continues growth in Venlo with 10,000 m² warehouse development for UPS (NL)

Goodman Group has today announced it will develop a 10,000 m² modern logistics facility with 277 v of office space for the global logistics provider, UPS Supply Chain Solutions at Venlo Trade Park North. The new facility will serve contract logistics customers in the high-tech sector. It has been pre-leased for a 10-year term and further builds on UPS' 15-year presence in the region.

Construction commenced in June and delivery is scheduled for December 2012. The new warehouse for UPS is an extension of Unit B and will be a multi-customer building, with a separate entrance for trucks and cars.

"Although there were a number of warehouses available in the area, our customer UPS chose Goodman to deliver a built-to-suit project based on our extensive track record and our ability to deliver flexible logistics space in addition to our strong focus on customer service," said Ruud Weijmans, Goodman's Country Manager for the Netherlands.

In line with Goodman's commitment to sustainability, the development will include a number of sustainable features including energy efficient T5 lighting; high levels of insulation in the roof and walls; windows in the cladding to allow optimal use of natural daylight; double glazed windows; infrared radiators and insulated dock levelers and dock doors.

Venlo Trade Park North is strategically located in close proximity to the A67 and A73 motorways. It is 10 km to the Venlo railway terminal and adjacent to the planned extension of the rail terminal in Venlo. The logistics park is 65 km from Düsseldorf Airport; 140 km from Schiphol Airport; 150 km from the Port of Rotterdam and 125 km from the Port of Antwerp.

Stephan Satijn, Alderman, Economic Affairs for the municipality of Venlo said: "With more than 5,000 hectares of logistics parks already developed or awaiting allocation, the Venlo region is booming. I'm very pleased that more and more companies are choosing to settle here. We have a lot to offer, such as good infrastructure, a logistics center for Europe in the Netherlands, plenty of space and a favorable tax climate."

Goodman has previously developed over 120,000 m² of modern distribution logistics facilities for DSV, Stryker and Danone at Venlo Trade Park North. Upon completion the building will be acquired by the Goodman-managed fund Goodman European Logistics Fund (GELF), while Goodman continues as the asset and property manager.

Source: Goodman 

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