Realterm has added a new truck parking facility to its extensive pan-European portfolio of industrial outdoor storage (IOS) properties totalling 16,850m2 in Venlo, Netherlands. Located strategically in a major logistics corridor, this milestone signifies Realterm’s ongoing expansion of enhanced transportation and logistical capabilities in Europe.
The modern truck parking facility is designed to meet the growing demands of the transportation industry, offering approximately 100 truck parking spaces. The project aligns with the broader infrastructure plans for Venlo, contributing to the optimisation of logistics operations and bolstering the city’s position as a key hub in the Netherlands.
"The delivery of this cutting-edge IOS facility in the Netherlands underscores our dedication and investment in the European market where our European IOS portfolio reflects approximately 30% of our total portfolio," said Robin van der Sluis, Asset Manager, Realterm. "This distinct property significantly enhances our existing portfolio, marking a pivotal step in our expansion within the region."
Notably, the new IOS facility will have a positive impact on the efficiency of goods transportation and overall traffic management in the area. This successful transaction highlights collaborative efforts between the public and private sectors to support sustainable and streamlined logistics solutions.
The new IOS facility features new pavement to facilitate truck parking and truck storage, sustainable fencing and architectural gates, LED lighting, as well as new landscaping and sanitary facilities.
"Realterm has a proven track record of developing specialized IOS infrastructure properties that optimize freight movement within supply chains," said Shankar Narain, Associate Director, Project Management at Realterm. "Our European portfolio includes essential transportation hubs such as cross-docks, truckload operating centres, fleet maintenance facilities, truck and van parking spaces, container yards, and electric delivery van charging stations, all of which are integral to our global occupier base."
Image provided by Rubenstein.
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