GARBE Industrial Real Estate develops hall for production, storage and handling
Hamburg/Buggingen, March 16, 2020 – Garbe Industrial Real Estate GmbH is building a 10,000 square metre production property with storage and handling areas in Buggingen, about 30 kilometres southwest of Freiburg im Breisgau, for SLG Kunststoff GmbH.
“The go-ahead has been given for the start of construction, and we plan to complete the new hall by the end of 2020,” says Jan Dietrich Hempel, Managing Director of Garbe Industrial Real Estate GmbH. The Hamburg-based project developer will construct the corporate property on a site of almost 21,400 square metres in the “Breitenweg” industrial park. Jan Dietrich Hempel: “The location is conveniently situated directly on the B 3 federal highway and has 13,800 square metres of expansion space available if required.”
The hall is planned with about 10,000 square metres of floor space for production, storage and handling. In addition, there will be a good 700 square metres of office and social space. Six loading gates and four ground-level gates will be provided for the smooth entry and exit of goods. The tenant of the new real estate is the plastic injection moulding specialist SLG Kunststoff GmbH, which is based in the region. With the move in 2021, the family-owned company will expand its production and storage capacities for its growth strategy in the coming years. The brokerage and consulting firm Realogis acted as an intermediary in the letting process.
“With project development we are further expanding the activities in our Light Industrial business segment, in which we have already realised several of these corporate properties,” explains Jan Dietrich Hempel. Properties in this asset class differ from pure logistics properties insomuch that they are usually equipped more extensively for production-related services. These include, for example, more intensive lighting or more complex IT cabling for the digital processes.
“In total, we are investing around 15 million euros in project development,” says Jan Dietrich Hempel. This also includes measures to improve sustainability. For example, a photovoltaic system will be installed on the roof area of the corporate property and the entire building will be certified according to the DGNB (Deutsche Gesellschaft für Nachhaltiges Bauen) Gold Standard.