Garbe Industrial Real Estate invests €48m in German logistics scheme

Garbe Industrial Real Estate invests €48m in German logistics scheme

Garbe Industrial Real Estate has unveiled plans for the construction of a logistics centre with a total area of 35,500m² in Bollberg near Jena (Thuringia). Construction is scheduled to start in December 2022, with an investment of around €48m. The scheme will be designed so that it can be divided into units of around 10,000m² or more. In addition, there will be 1,400m² for offices and social rooms as well as 2,500m² of mezzanine space. The new unit will be equipped with 30 dock levellers and three ground-level gates. Parking spaces for 117 cars and four trucks will be provided outside.

 

"A location for a logistics centre could hardly be better," commented Adrian Zellner, Member of the Executive Board at Garbe Industrial Real Estate. The Hermsdorfer Kreuz interchange, which connects the A 4 Bad Hersfeld − Dresden motorway with the A 9 Berlin − Munich, is seven kilometres away. Both motorways are among the most important northsouth and west-east axes in Germany. The A 4 runs virtually within sight of the business park. The Stadtroda junction is easily reached after a one kilometre ride without having to pass through the town.

 

Proximity to Jena also played a role in the property purchase: "The city has made a name for itself as a high-tech location. Both international corporations and small and medium-sized companies are represented in Jena," says Adrian Zellner. "Demand for developed land is correspondingly high. That's why we decided to develop the logistics centre with a view to the future."

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