Goodman Group will develop a 78,000-m² logistics center for e-commerce retailer Zalando at Erfurt's freight terminal. The development is pre-let on a 16-year lease term. Construction will commence in mid-October and delivery is scheduled for August 2012.
The warehouse will offer 71,000 m² of floor space with 7,000 m² of associated office and social space. Several hundred parking spaces and 55 truck and trailer spaces have been planned. The new facility will incorporate 46 loading docks, with expansion space available to provide additional docks to cater for future demand.
The development will accommodate the significant growth in Zalando's business and facilitate the efficient distribution of their products throughout Germany and Europe.
"Zalando is expecting further growth in Germany and in the international markets," said Rubin Ritter, Managing Director of Zalando.
"The development of a built-to-suit logistics center in Erfurt which is tailor-made to our individual demands is therefore the next logical step in the development of the company," he said.
Since its formation in 2008, Zalando has seen strong growth. The company initially sold only shoes online, however today offers a full range of fashion items, including clothing and accessories for adults and children, sportswear and equipment and beauty products. The company currently retails more than 1,000 well-known brands and designer label merchandise.