Primark takes on huge warehouse
Logistics Capital Partners has announced one of the largest logistics pre lets in The Netherlands on behalf of Primark, the global clothing retailer.
The sixteen hectare site in Borchwerf Business Park, to be developed by Logistics Capital Partners, is in one of Europe’s prime logistics hubs and a top ranked distribution location in the Netherlands. The Borchwerf II Business Park is already a very well established park, occupied by other well-known logistics operators and retailers such as Forever Direct, CEVA and Calvin Klein.
Primark will take a new 10 year lease with up to approximately 86,000 sq m (900,000 sq ft) to be developed in two phases. Construction of Phase 1 (approx. 56,000 sq m / 600,000 sq ft) starts immediately and will be delivered in mid-2016.