Economic Zones World (EZW) announced today that its global provider of sustainable warehouses, Gazeley, has achieved 100 per cent leasing of its mammoth logistics facilities in Germany.
The last available space measuring 10,800 sq meters at G.Park Karlsruhe-Kandel – located just off the A-65 motorway junction connecting Mannheim and Karlsruhe cities – has been leased to Magna Exteriors & Interiors, the wholly-owned operating unit of Magna International, a full service supplier of exterior vehicle appearance systems to the global automotive industry.
The long-term agreement with Gazeley secures for Magna a world class logistics hub to support its service contract with Daimler AG whose HGV production plant is just 12 kilometres away in the city of Wörth.
Gazeley customised the leased building at G.Park Karlsruhe-Kandel to meet specific elements required by Magna including curtain-side loading doors among others. Magna plans to operate the facility with a staff of 70 people in two shifts when it starts its operations on October 1.
Gazeley Germany executives employed an imaginative approach in their quest for the right customer for Cell IV at the G.Park Karlsruhe-Kandel warehouse. Their regional property agents Colliers and Ellwanger surveyed the truck traffic on the access to the Mercedes HGV plant and used the data to customise an offer for the renowned automotive supplier Magna International.
Ingo Steves, Country Director of Gazeley Germany, said: "I am pleased to say that with this lease agreement all our properties in Germany are now fully let."
With a footprint of 46,000 sqm G.Park Karlsruhe-Kandel is one of Gazeley's biggest sheds in Germany. The 30-acre site is located in a coveted region in the industrial heartland of South-West Germany, close to major end-users from the automotive, chemical and manufacturing sector.
EZW is the global provider of sustainable industrial and logistics infrastructure solutions. The company, based in Dubai aims to create a robust network of economic zones, technology, logistics and industrial parks as well as build-to-suit developments across the world with an objective to support the dynamic expansion of its rapidly growing international customer base.
EZW's current portfolio includes Jafza, one of the world's largest free zones; Gazeley, a global developer of highly efficient, carbon positive logistics and industrial spaces; TechnoPark, a research driven business and industrial park, and Dubai Auto Zone, a comprehensive market place for the Auto industry.