Sydney-listed global property group Goodman is to develop a 64,462 m[sup]2[/sup] turnkey facility for DIY manufacturer Stanley Black & Decker at Tessenderlo in Belgium. Goodman said it is the largest industrial facility to be developed in that country over the past three years.
Sydney-listed global property group Goodman is to develop a 64,462 m2 turnkey facility for DIY manufacturer Stanley Black & Decker at Tessenderlo in Belgium. Goodman said it is the largest industrial facility to be developed in that country over the past three years.
The development will comprise 61,486 m2 of warehouse space, 2,398 m2 of offices and 578 m2 of technical rooms.
Construction will commence in November and delivery will be on a phased basis. The first half of the warehouse and the entire office space will be delivered in April 2012, while the remainder of the warehouse will be handed over by the end of November 2012.
The new facility will become the distribution centre for a wide variety of construction and do-it-yourself products including Stanley hand tools and storage products, Black & Decker and DeWalt power tools and Bostitch products. The distribution centre will serve customers in the Benelux, France, Germany, Austria, Switzerland and Scandinavia.
Stanley Black & Decker was advised by Jones Lang LaSalle.
