Trammell Crow Company and Cain secure full leasing and handover of Park Kerpen logistics development

Trammell Crow Company (TCC), a leading commercial real estate developer, and Cain, the global real estate investment manager, have secured a lease agreement with GoodCang, a leading cross-border e-commerce logistics and freight forwarding company, for the entirety of Park Kerpen, their 28,118 sqm Class A logistics and business park development in Germany's strategic Rhine-Ruhr region.

The agreement with GoodCang covers 100% of the development's space, with lease commencement coinciding with its practical completion. Handover to GoodCang will be immediate, who will utilise the facility to support its growing cross-border e-commerce fulfilment and freight forwarding operations across Germany and Europe.

The transaction fully stabilises the scheme at delivery, demonstrating continued occupier demand for modern logistics space in one of Germany's most important distribution markets. The development comprises two logistics facilities totalling 28,117 sqm, including warehouse, production, mezzanine and office space.

Located on Hüttenstraße in Kerpen, approximately 23 kilometres west of Cologne, Park Kerpen occupies a 46,202 sqm brownfield site in the Cologne Industrial market in the heart of the Rhine-Ruhr metropolitan region. The development provides direct access to the A4 motorway and strong connectivity to the A1 and A3, offering access to more than 83 million people within a 4.5-hour drive. It also benefits from proximity to Cologne Bonn Airport, the Port of Cologne-Niehl and major European logistics hubs including Rotterdam, Antwerp, Liège and Frankfurt.

Both buildings have been developed to meet modern occupier requirements and are targeting BREEAM Excellent certification, incorporating high sustainability standards and future-proofed logistics infrastructure.

Maximilian Moser, Senior Vice President at Trammell Crow Company, said: "Achieving a full lease-up at completion is an excellent outcome for Park Kerpen and further validates our conviction in the strength of Germany's industrial and logistics market. The combination of a prime Rhine-Ruhr location, high-specification buildings and strong sustainability credentials has attracted a high-quality global occupier in GoodCang.

"This transaction marks an important milestone for the development, delivering both practical completion and stabilisation only one week apart. We are delighted to welcome GoodCang to Park Kerpen and look forward to supporting its continued growth in Europe."

Jon Strang, Managing Director, Head of Industrial & Logistics and Net Lease at Cain, said: "Reaching full lease-up as we complete the Kerpen development is a strong result and a real credit to our partnership with Trammell Crow Company. The scheme brings together the qualities we prioritise, a strong location, excellent connectivity and long-term value. We are pleased to welcome GoodCang and to be delivering on our growth plans in Europe with best-in-class partners."

Announced in 2025, Park Kerpen was developed by TCC and Cain International to address demand for high-quality logistics space in the supply-constrained Rhine-Ruhr market. Construction began in March 2025, with the project delivering two Class A logistics facilities designed to the latest occupier and sustainability standards.