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High-end warehouse
in Herkenbosch

P3 Logistic Parks acquires 62,300 sqm warehouse development in Herkenbosch

The construction of the high-end development is planned to start in Q1 2024.

With the acquisition of a development asset located in an established logistic park in Herkenbosch, the Netherlands, P3 Logistic Parks has added another asset to its Dutch portfolio. The long-term investor-developer of European logistics properties has acquired the asset from Solidiam B.V., a residential, office, and logistics real estate developer. P3 Herkenbosch is expected to be delivered by the fourth quarter of 2024.

In line with its growth strategy, P3 Logistic Parks has signed another forward-funding deal to acquire a high-end warehouse and office development in the Netherlands. The warehouse development is located in an established business cluster in Herkenbosch, consisting of a mix between offices, logistics, and semi-industrial buildings. Located next to highway N570 and close to A73, the area is well-connected and in close proximity to Belgium and Germany.

The construction of the high-end development is planned to start in Q1 2024. Upon its completion in Q4 2024, P3 Herkenbosch will consist of a total gross leasable area of 62,341 sqm, including a 55,540 sqm warehouse, 3,098 sqm office and a 3,703 mezzanine space. With LED lighting installations, a water managing system, bicycle parking and the option to install photovoltaic panels, P3 is striving to achieve the BREEAM certificate “Excellent” for P3 Herkenbosch.

P3 was advised by Dentons on the transaction with Uijthoven Vastgoedadvies acting as the broker of the deal. Solidiam B.V. was advised by Rechtstaete. Goldbeck B.V. has been appointed as general contractor for P3 Herkenbosch.

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