Goodman delivers a 50,000 m² logistics facility to the Casino Group in Saint-Mard (FR)

Goodman, the international integrated property group that owns, develops and manages logistics and business space, has announced the delivery of a 50,000 m² logistics facility, at their Saint-Mard site, to the Casino Group.

The facility has a total net lettable area of 50,000 m² (including 800 m² of offices), and has been built on a 12-hectare plot. Construction works on the logistics center commenced in September 2011 and were completed at the end of May 2012.

This is the fifth project that Goodman France has undertaken in the past 12 months, representing total new development space of more than 140,500 m². The Saint-Mard development was acquired by Goodman European Logistics Fund (GELF) in 2011, and will be managed by Goodman's in-house property services team.

The development of this project was made possible thanks to the involvement of the local stakeholders in the project, in particular RHEA, the developer of the park, the City of Saint-Mard and the Community of Communes of Goële and Multien.

Jean-François Mounic, Goodman's Regional Director Southern Europe, said: "Goodman Group is pleased to announce the on-time delivery of the Saint-Mard facility to the Casino Group. This facility is emblematic of the built-to-suit solutions developed by Goodman, where the approach has always been to meet our clients' expectations with creative responses that are tailored to their individual needs.

"The speed of delivery and our sound financial position were decisive factors in our partners' final decision. These elements form the basis on which our market-leading position in the European logistics development market is founded."

The Saint-Mard site can accommodate the development of more than 130,000 m² of logistics space. It is located 30 km north of Paris, less than 12 km from the Roissy Charles-de-Gaulle airport and benefits from direct access to the N2 highway.

Goodman was assisted in this transaction by Lebreton & Associés and Cushman & Wakefield.

In line with Goodman's commitment to sustainability the warehouse contains a number of sustainable features.

Source: Goodman

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