Tilburg 14 February 2019 – Aberdeen Standard recently signed a purchase agreement with H. van den Boogaard Projects B.V. for a distribution center currently under construction at the Trade Port Noord business park in Venlo. Aberdeen Standard finances the development and has already acquired the land plot from Development Company Greenport Venlo.

The distribution center consists of approximately 39,061 sq. m. logistics space, 2,759 sq. m. mezzanine space and 1,096 sq. m. office space. On the outside terrain 175 parking spaces for passenger cars will be realized

The building has been long-term let to Wetron Transport & Logistiek from Weert. Wetron is an international logistics service provider, specialized in total solutions in the field of transport and logistics

H. van den Boogaard Projects B.V. has assigned VDR Bouwgroep from Deventer who has started construction activities in November 2018. The delivery is planned for September 2019.

Purchaser, Aberdeen Standard, was advised commercially by NL real estate and legally by DLA Piper.

INDUSTRIAL real estate partners advised H. van de den Boogaard Projects B.V. for the letting to Wetron, the acquisition of the land and the sale of the development to Aberdeen Standard. Legally H. van den Boogaard Projects B.V. was assisted by Stijl Advocaten.