Garbe Industrial Real Estate has started construction of an 82,000m² logistics centre in Bitterfeld-Wolfen (Saxony-Anhalt, Germany), 30 kilometres north of Leipzig. The property is being built by a joint venture comprising Garbe Industrial Real Estate, BREMER Projektentwicklung GmbH and the Quakernack Group. The building is scheduled to be completed next year. The investment volume amounts to around €72m.
The new building is being constructed on a 222,000m² site in the Central Germany Technology Park. The joint venture acquired the site, which is ready for development, from the city of Bitterfeld last year. The property will consist of two units. The larger one is already leased to a medium-sized German e-commerce company. The online retailer will use around 48,000m². This part of the building is scheduled for completion in February 2023.
Construction of the smaller unit is taking place without any fixed rental commitments. It is designed as a multi-use property, will have a total area of 34,000m² and is scheduled for completion in the second quarter of next year. The smaller unit will be equipped with 32 dock levellers and three ground-level gates. A total of 485 car and 49 truck parking spaces will be created on the outdoor area. Of these, 140 car and 23 truck parking spaces will be allocated to the smaller part of the building.
“The entire property will meet the highest energy requirements,” said Jan Dietrich Hempel, Managing Director of Garbe Industrial Real Estate. “Bitterfeld-Wolfen is an up-and-coming location in the Leipzig-Halle logistics region that offers excellent growth prospects. The excellent cooperation with the city administration undoubtedly also contributes to this.”
