Goodman to develop retail logistics centre for METRO GROUP in Marl, Germany09 February 2017
Goodman Group, a global leading owner, developer and manager of industrial real estate, announces the development of a new logistics centre for METRO GROUP with a total building area of 235,000 sqm and a firm 10-year lease. Goodman is investing around €200 million in this project. The logistics centre will be completed in March 2018.
The new logistics centre of
"Goodman has provided us with an optimal solution that will enable us to complete our new logistics network of
"In collaboration with the city of Marl, through a comprehensive process, we are developing this excellent logistics site where the new logistics centre will be created," added Christian Mielke of
High quality property in prime location
The new 235,000 sqm development by Goodman will span two buildings of 83,000 sqm and 152,000 sqm respectively. Overall, the site will have around 225,000 sqm of warehouse space, complemented with 10,000 sqm of office and social areas. The buildings meet all requirements for high-quality grade-A building standards, with flexible units to optimize operational requirements. Furthermore, LED lighting throughout ensures that the logistics centre will receive a gold certification from the German Sustainable Building Council (DGNB) after completion.
"The complexity of this development as seen by its size, the land conversion and the technical requirements of the buildings, demonstrates the innovative solutions possible when working closely with the customer and our local stakeholders, in particular the City of Marl," said Christof Prange, Head of Business Development for Goodman Germany. "We look forward to our successful cooperation with
According to the latest bulwiengesa study "Logistics and Real Estate 2016", the Rhine-Ruhr region is one of the ten most attractive logistics regions in Germany. With around 500,000 sqm of logistics space under management for customers from various industries, the new development will further strengthen Goodman’s already strong footprint in this prominent region.
Strength of North Rhine - Westphalia
Accounting for more than a fifth of total German gross domestic product, North Rhine - Westphalia is one of the most significant economic regions not only in Germany but across Europe.
"The project is a clear statement for the Northern Ruhr area. It also shows the success of a constructive cooperation between all responsible authorities in the region to achieve common objectives", added Cay Süberkrüb, Head of the District Recklinghausen.
Brokers from JLL and BNP Paribas advised on the deal.