Panattoni takes on another project for Amazon – EuropaProperty

Panattoni, a leading project developer for industrial and logistics facilities in Europe, has started work on another project for Amazon Logistics, the logistics branch of international online retailer Amazon. The new distribution centre will be built at Jade-Weser-Park, an inter-municipal industrial estate in Wilhelmshaven in Lower Saxony, situated in direct proximity to JadeWeserPort.

Panattoni is erecting a facility with 6,895 sqm of logistics space and 1,422 sqm of office space and social areas on the 63,786 sqm site. The new distribution centre, which Amazon plans to use to process last-mile logistics for B2C shipments, will benefit from an advantageous location: Wilhelmshaven is a key location for logistics and business and enjoys outstanding connections to the international transport network. The A 29 and A 31 federal autobahns are also in the immediate vicinity and can be reached quickly.

The new logistics centre project is the fifth collaboration between Panattoni and Amazon in Germany. After Amazon moved into a speculative development in Düsseldorf, Panattoni has been working to realise three built-to-suit projects (BTS) for Amazon in Magdeburg, Kaltenkirchen and Knüllwald, near Kassel. All of these BTS premises combine elements of a classic distribution centre with a cross-dock concept. This enables drivers to load goods at the side of the distribution centre under special awnings. In addition, the building’s design offers added flexibility by opening it up to serving alternative purposes.

“We are thrilled with the project at Jade-Weser-Park. Wilhelmshaven not only has Germany’s only deepwater port in the form of JadeWeserPort, it also has a robust economy spanning all sectors. Amazon’s decision to settle here and create new jobs is a further boost to the local economy. We are also pleased that Amazon has again placed its trust in us. This is yet another example of our partners returning to benefit again from our expertise and experience,” said Fred-Markus Bohne, Managing Partner of Panattoni.

The distribution centre is set to be completed in early 2021. CBRE acted as mediating broker in the transaction. The Administrative District of Friesland was also involved as the vendor of the plot of land.