Goodman develops over 110,000 sq m for DSV in Venlo
The Goodman Group has announced it has signed an exclusive leasing and pre-committed development agreement with DSV Solutions for the storage and handling of products for Advanced Medical Nutrition (Nutricia) in Venlo, the Netherlands. This will bring the total amount of space leased to DSV in the Netherlands to over 110,000 sq m.
Under the agreement DSV Solutions and Nutricia will lease a total area of 29,808 sq m at Trade Port North Logistics Park, Venlo, consisting of a lease over an existing 19,534 sq m warehouse and the development of a new 9,767 sq m warehouse extension.
The new development will be 100% pre-leased on a five year fixed-term agreement and will provide DSV with the additional space required to service the German and Benelux markets with Nutricia products from one central location in Venlo. It will also enable Nutricia to consolidate its multiple warehouses in the region into one facility. Handover of the warehouse extension is scheduled for December 2011.
Nutricia is a specialised unit of the international food company Danone, representing the brands Neocate, Fortimel, Nutrison and Infatrini. It will be the second company in the medical sector to establish a base at the Trade Port North Logistics Park. Venlo.
Due to the nature of Nutricia’s stored product, the facility will be adapted to the highest level of food safety standards. Goodman will upgrade and adapt the existing warehouse to make it Hazard Analysis and Critical Control Point (HACCP) compliant. The International Food Standard (IFS) required for food storage will also be incorporated in the new warehouse expansion. In addition, the facility is also compliant with the highest standard requirements of FM-Global.
"The warehousing solution means that on completion Goodman will have developed over 175,000 sq m for DSV across three countries: in Venlo, in Wattrelos in France and also in Langenbach, Germany. This latest leasing and development deal underlines the strength of own, develop and manage business model and our capacity to deliver flexible, cross border property solutions that are tailored to our customers‘ requirements," said Ruud Weijmans Goodman’s Country Manager for the Netherlands.
As a result of this deal, Goodman’s entire Benelux portfolio, which covers approximately 580,000 sq m, is now 100% leased.
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