Realterm announced the acquisition of a 4,896m2 final mile logistics facility located at Fokkemast 29 in Westzaan, Netherlands. The property sits on a 9,580m2 site and features superior access to the Greater Amsterdam region via the Amsterdam ring road and Westzaan barge terminal.
Built in 2008, the Westzaan property offers excellent functionality with two loading docks and seven overhead doors optimized for van loading. The facility includes 46 parking spaces and features two separate access points for trucks, vans and cars. The building maintains an Energy Label A++ rating and is equipped with LED lighting throughout.
"The Dutch industrial final mile market remains exceptionally strong, driven by increasing (e-commerce) logistics demand," said Piet van de Ven, Investments at Realterm. "The supply constraints resulting from land scarcity and infrastructure limitations make this a unique building for the market.”
The facility's location provides strategic advantages, offering access to five million consumers within an hour's drive and proximity to major urban centres including Amsterdam, Alkmaar, Haarlem and Zaandam. The property's position adjacent to the Port of Amsterdam and near the inland container terminal enhances its logistics capabilities.
"Given the strategic location and functionality of the asset, we anticipate strong interest from final mile operators," said Robin van der Sluis, Asset Manager at Realterm. "The property is ideally suited for truck-to-van operations and, based on our experience with other Amsterdam assets, we expect to attract diverse tenants from sectors including e-commerce, transportation, post & parcel, last-mile delivery, F&B, 3PL, and last mile services. The property's location is also increasingly valuable as Dutch cities implement zero-emission zones in their city centres, driving demand for strategically positioned logistics facilities like this Westzaan property.”
Image source - Realterm.
Europe Real Estate — an overview of real estate developments in European countries.
