Garbe Industrial Real Estate creates further settlement potential in the Berlin/Brandenburg metropolitan region. In Oberkramer (Oberhavel district), the Hamburg-based project developer has started to build a logistics property with a total area of around 21,000m². Construction is taking place with no fixed rental commitments. Completion is scheduled for the first quarter of next year.
The property is part of a logistics park that Garbe Industrial Real Estate is developing on a 146,000m² site in the "Vehlefanz" industrial estate. The investment volume totals €70m. In the first construction phase, a logistics center with 15,000m² of hall space was built, which is now rented to Kuehne + Nagel. In the second construction phase, a logistics property with 30,000m² of warehouse space was built, which the fulfilment service provider VAH Jager has since moved into.
"The third construction phase, which we are currently developing with our partners, completes the logistics park," emphasises Adrian Zellner, Member of the Executive Board at Garbe Industrial Real Estate. The property will consist of a 20,000m² hall. It will have 20 dock levellers and two ground-level sectional doors for loading and unloading trucks. "This makes the new building suitable for logistics services of various kinds," said Adrian Zellner. In addition, there will be about 1,000m² of offices and social rooms. Parking spaces for a total of 60 cars and four trucks are planned for the logistics park's outdoor area. "Berlin has developed into one of the most dynamic regions on the German logistics real estate market. Especially in the past two years, most of the available hall space has been let there. The rapid leasing successes for the first two halls confirm this trend and show that we were spot on with our location decision four years ago. For this reason, I am optimistic that the third property will also be fully let before completion."
