Tag: loading docks

Iberian Capital & AEW Logistics Invest €150M in Torrejón de Ardoz

14 February 2019 – Eje Prime

E-commerce needs logistics and Torrejón de Ardoz is getting ready to host a new platform. The property developer Iberian Capital Corporation (ICC) and the US investment fund AEW Logistics are going to invest €150 million over the next four years in the development of a logistics park in the new Los Almendros Industrial Estate in Madrid.

The new platform will have a surface area of 37,818 m2 and will be available from the second quarter of 2020, according to Iberian Capital. The logistics park will be able to accommodate up to eight tenants, will have a free storage height of twelve square metres and 38 loading docks.

The location of the new platform is one of its main strengths, according to its promoters. Located in the Henares industrial and business corridor, the complex will be 13 kilometres from Madrid Barajas Airport and 21 kilometres from the centre of Madrid (…).

Original story: Eje Prime (by Roger Arnau)

Translation: Carmel Drake

Merlin Acquires 2 Logistics Assets in Ribarroja & Henares for €42M

21 September 2018 – Finanzas.com

Merlin Properties has acquired two logistics assets for €42 million: a platform that it has purchased from the construction firm Pavasal on the Valencian industrial estate of Ribarroja, between the A7 and A3 motorways, and a plot for the construction of another warehouse in San Fernando de Henares, next to the A2 and M50 motorways in Madrid.

According to reports from the real estate consultancy firm BNP Paribas Real Estate, which has advised Merlin on the two operations, speaking to Efe, the two deals were closed in July.

The Ribarroja platform, on the Sector 13 industrial estate, has a constructed surface area of 35,282 m2, with fifty loading docks and three modules; it will be handed over during the second quarter of 2019.

The operation in the Corredor del Henares involves a logistics project that will have a surface area of 100,000 m2.

Original story: Finanzas.com

Translation: Carmel Drake