P3 Logistic Parks Develops Logistics Space in JadeWeserPort

P3 Logistic Parks, developer and long-term owner of logistics properties in Europe, plans around 140,000 square meters of logistics space in the freight transport center (GVZ) JadeWeserPort in Wilhelmshaven, Germany’s only deep-water port. On June 2, the leasehold agreement for the 21-hectare site in the center of the GVZ was signed with Container Terminal Wilhelmshaven JadeWeserPort-Marketing GmbH & Co. KG.

(PresseBox; Frankfurt/Wilhelmshaven) P3 Logistic Parks plans the speculative construction of three logistics halls in the Wilhelmshaven JadeWeserPort with a total hall area of over 122,000 square meters. Including nearly 11,000 square meters of mezzanine and 7,000 square meters of office space, this results in a total of around 140,000 square meters of rental space. The project is expected to be completed in stages by early 2025. P3 was supported by CBRE Germany in the mediation of the property.

A special feature of the project is that one of the halls can accommodate customs goods that require special structural conditions for protection. To facilitate the loading of bulky freight, P3 is also installing larger doors. Additionally, the developer will equip all roofs with photovoltaic systems. The halls will have a clear height of 12 meters, 17 ground-level doors, and 111 loading bridges.

Convinced of JadeWeserPort as a Logistics Location

Sönke Kewitz, Managing Director of P3 Logistic Parks Germany: “As a developer, we are firmly convinced of the significant role of JadeWeserPort as a logistics location. It offers everything that internationally operating logistics companies need. It is no coincidence that the world’s largest container ships regularly dock here. To meet this demand, we have planned larger doors in our halls to allow for the storage of particularly bulky goods. My sincere thanks also go to Container Terminal Wilhelmshaven JadeWeserPort-Marketing GmbH & Co. KG and the city, with whom we work closely and without whose cooperative approach such projects would not be possible.”

Additional Cargo for the Port

Andreas Bullwinkel, Managing Director of Container Terminal Wilhelmshaven JadeWeserPort-Marketing GmbH & Co. KG: “It is already a great honor for us and the location that such a large developer as P3 chooses the GVZ JadeWeserPort. The collaboration during the contract negotiations was very structured and highly professional. As a result, we will see an offer of additional hall space that will bring further cargo to the port, which is important for shipping companies. The installation of such a large photovoltaic area on the roofs is a strong signal that sustainable practices can also be applied in real estate developments. The city and surrounding areas will benefit from the additional offer of qualified jobs.”

The Politics Are Also Pleased

Dr. Bernd Althusmann, Lower Saxony’s Minister of Economics and Chairman of the Supervisory Board of Container Terminal Wilhelmshaven JadeWeserPort-Marketing GmbH & Co. KG: “The signing of the leasehold agreement between P3 Logistic Parks and the state-owned JadeWeserPort-Marketing company for the 21-hectare site is another great success for JadeWeserPort and Wilhelmshaven, following the entry of shipping company Hapag-Lloyd at the EUROGATE Container Terminal last year. The upcoming investment in around 140,000 square meters of rental logistics space by one of the leading real estate developers in Europe underscores the international significance of JadeWeserPort and the maritime location of Lower Saxony. I would like to expressly thank the sales team of the JadeWeserPort-Marketing company for this great settlement success.”

Very Good Transport Connections

JadeWeserPort has very good transport connections. There is a connection to the A29 in close proximity. With Hapag-Lloyd’s entry as a partner at the EUROGATE Container Terminal Wilhelmshaven, the importance of the port in international freight traffic has further increased.

Photo: © P3