Clarion Partners Europe, the real estate investment fund manager specialising in logistics and industrial assets, announces that a 42,905 sqm Grade A warehouse in the Netherlands developed in conjunction with Fiege has reached practical completion. Occupying a prime logistics location in the wider Amsterdam port, 18 kilometres from Amsterdam city centre, the build-to-suit property will serve as the new consolidated location for the Dutch operations of leading German 3PL provider Fiege.
The institutional quality generic warehouse, situated on the newly created HoogTij business park in Zaandam, in the Amsterdam Metropolitan area, features 6 T/sqm floor loading, 13.3 meter clear heights and a BREEAM Excellent certification.
The HoogTij business park is strategically located on the northern shore of the Port of Amsterdam and in close proximity to the N246, A8 and A10, key arterial routes connecting to Amsterdam city, Schiphol Airport and the wider Randstad region. Several national and international companies have located to Zaandam in recent years, attracted by its excellent connectivity and access to medium/big box logistics plots.
The Netherlands is a key market for Clarion Partners Europe, where it currently manages a portfolio totalling 436,872 sqm across 19 assets.
Rory Buck, Managing Director, Clarion Partners Europe, commented: “This is a highly sustainable and operationally efficient asset, delivered in close partnership with Fiege, a leading 3PL occupier. In line with our long-term investment and ESG strategy the building has been designed to a BREEAM Excellent certification level with operational specifications well ahead of current market norms. Furthermore, the property is well located to provide storage and distribution solutions with direct access to Amsterdam city centre and the wider Randstad area.”