Acquired on behalf of SEGRO project NewLogic V in Tilburg.
Logistics real estate investor SEGRO has acquired the project NewLogic V in Tilburg from developer DOKVAST BV. The development will take place at Vossenberg business park and is strategically located between the NewLogic I and NewLogic II buildings, which SEGRO bought from DOKVAST in 2015. These buildings are rented to Nokia and Tesla.
The new warehouse, built by Heembouw, will have a total area of over 30,000 sq.m. It will be delivered to SEGRO turnkey and is expected to be ready in the summer of 2018.
The location is very favourable, among other things, because the new building is located right next to the Barge Terminal in Tilburg. The container terminal provides for free transport from Rotterdam to Tilburg. In addition, Tilburg has an optimal rail and road infrastructure, which makes the location one of Europe's premier logistics hotspots. This good accessibility and multimodality offers excellent possibilities at this location for a wide variety of sectors.
SEGRO has been advised by NL real estate during the entire commercial process.