Rotterdam, 5 March 2021 – Cabot Properties has acquired a plot of approximately 7,300 m² at the Edisonstraat 3 in Berkel en Rodenrijs, for the development of a last-mile distribution center of approximately 5,300 m². The irrevocable building permit has been issued and construction is scheduled to start on 15th of Marc. Delivery of the building, which is available for rent, is expected by the end of this year.
Cabot Properties is an international private equity real estate investment firm exclusively focused on industrial properties. Formed in 1986, the firm is a leading investor, developer and operator of industrial properties throughout North America, the United Kingdom, Europe and Australia. Over time Cabot has invested over $10 billion in industrial real estate, managed nearly 3,900 tenants, and operated over 1,400 buildings totaling approximately 190 million square feet. Cabot is headquartered in Boston with affiliated offices in Chicago, Dallas, London, and Sydney.
Drees & Sommer Nederland is involved as project manager, on behalf of the developer HOC Plangarant. The construction of the project, which is designed by Grasso den Ridder Architecten, will be carried out by Bouwbedrijf Vrolijk.
Cabot Properties was commercially advised in this transaction by INDUSTRIAL real estate partners, technically by Arcadis and legally by Buren Legal.
The developer was commercially advised by Ooms Bedrijfshuisvesting and legally by Habraken Rutten.
The letting activities of the project will be carried out in a co-mandate by INDUSTRIAL real estate partners and Ooms Bedrijfshuisvesting.