Garbe Industrial Real Estate has unveiled that it is currently preparing to start work on a state-of-the-art logistics property in the greater Dresden area. The investment volume amounts to €24m. The property is designed as a multi-user warehouse with a total area of 24,500m². Construction is scheduled to begin before the end of February. The property is already fully leased to the globally active logistics service provider GEODIS.
The scheme will be located on a site comprising circa 42,000m² in Coswig, just 15 kilometres northwest of Dresden city centre. The site, which previously housed a pulp mill, was acquired by the Hagedorn group, which dismantled the old production building and comprehensively redeveloped the industrial wasteland. The company then sold the property to Garbe Industrial Real Estate. The high demand for modern logistics real estate in the greater Dresden area played a key role in the location decision.
"Land is scarce, so demand for available space is extremely high," said Jan Dietrich Hempel, Managing Director of Garbe Industrial Real Estate. "The fact that we were able to fully lease the property to GEODIS even before construction began shows how sought-after modern properties are in the region."
The property will be equipped with 20 dock levellers and two ground-level gates. Parking spaces for 62 cars and 12 trucks will be created in the outdoor area. Sustainability criteria are of great importance in the development of the property. The new building is being constructed on a conversion site and will meet the latest energy standards. Parts of the facade will receive greenery. A photovoltaic system will be installed on the entire roof of the hall to generate renewable energy. Certification to the Gold Standard of the German Sustainable Building Council (DGNB) is also planned for the entire property. The property is scheduled for completion in October of this year.
"As Lord Mayor, I am pleased, also on behalf of the town council, that our efforts to develop commercial areas in recent years have been successful. With this large and modern logistics facility, a new settlement in Coswig has succeeded, which not only meets today's customer requirements but also sets standards in environmental protection with a comprehensive PV system and facade greening," commented Thomas Schubert, Lord Mayor of Coswig.
