Garbe Industrial Real Estate builds speculatively in the Hamburg metropolitan region

News 01/10/2020

Hamburg/Stapelfeld, 30 September 2020 – Garbe Industrial Real Estate GmbH will develop an approximately 21,000 square metre logistics property in Stapelfeld, east of Hamburg. The property is being built on a 42,000 square metre plot of land ready for construction within sight of the Autobahn 1. Construction is scheduled to begin in the first half of 2021. The logistics property should be completed by the end of next year. The investment volume amounts to approximately 20 million euros.

The new building will provide 20,000 square metres of hall space. The property will be equipped with 22 gates. In addition, there will be 1,000 square metres for offices and social rooms. 75 parking spaces for cars and trucks will be created on the outdoor area. Garbe Industrial Real Estate pays particular attention to the sustainability of this investment: Renewable energy is generated by means of a photovoltaic system the size of two football pitches, green roofs on the office building and other measures are added.

The location and market situation were the deciding factors in choosing the location. The municipality of Stapelfeld is located in the district of Stormarn, which borders Hamburg  immediately to the east. “This is one of the most important economic regions in Schleswig-Holstein”, explains Jan Dietrich Hempel, managing director of Garbe Industrial Real Estate GmbH. The demand for storage space and logistics properties in the Hamburg metropolitan region is high, but the supply is rather limited. “This is why we decided to develop the logistics property without any fixed rental commitments”, says Jan Dietrich Hempel. Discussions with potential tenants will commence in the coming months.

Transport connections also played a major role in the location decision. The commercial area in which the logistics property is being developed is located in the immediate vicinity of the Autobahn 1. It connects Hamburg to Lübeck in a northerly direction and to Bremen and the Ruhr area in a southerly direction. The Stapelfeld junction is only a few metres away from the planned logistics property. From there it is 20 kilometres to Hamburg airport and 30 kilometres to the port of Hamburg. The coasts of the North Sea and Baltic Sea as well as the German-Danish border can also be reached quickly from Stapelfeld.