Trammell Crow Company Announces Plans for Second Site in Neuruppin, Germany
September 25, 2023
Trammell Crow Company (TCC), a leading global commercial real estate developer, announces it has secured the building permit for a 132,185 sq m site in Neuruppin, Germany.
The site is part of TCC’s plan to create a new logistics park called CORE Temnitzpark in Neuruppin. The building permit for the development of the site BF36 follows that of the site BF33 in October 2022. On the two sites together, TCC will be able to develop Class A logistics space of up to ca. 94.100 sq m of logistics warehouse space. Site BF36 allows a total GLA of 52,934 sq m (including 47,542 sq m of warehouse area, as well as 1,792 sq m and 3,600 sq m of office space and mezzanine storage respectively. The multi-unit warehouse premises will be able to accommodate up to five tenants and space for 164 car parking spaces and 16 truck parking spaces.
Located in Neuruppin, the new logistics park is in the greater part of the Berlin area within the Brandenburg region and a 30-minute drive from the capital, Berlin. The site is close to the A24/B167 junction, meaning tenants will benefit from direct access to the motorway that connects Berlin to Hamburg. In addition to the port of Hamburg, Germany’s largest seaport by volume and the third-largest container port in Europe.
Trammell Crow Company takes actions to improve energy efficiency and environmental impacts while aiming for BREEAM Excellent certifications in its developments. Occupiers expected to be attracted to the spaces include those in the e-commerce, retail, FMCG, technology, and 3PL sectors.
The site is perfectly suited for a multi-tenant or build-to-suit development and can be delivered within 12 months.
Mario Sander, Head of German & Austrian logistics at Trammell Crow Company, said: “We are proud to have received the second building permit at CORE Temnitzpark. The location is characterised by its strategically valuable position in the greater Berlin area, thus benefitting from excellent access to the German capital and at an important point in the crossroads of Europe. We look forward to delivering best-in-class industrial and logistics space.”
Trammell Crow Company
Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of September 30, 2023, TCC had $15.4 billion of projects in process and $14.5 billion in its pipeline. It employs 650 professionals in 28 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.