Clarion Partners Europe has agreed to forward-purchase, from Next Level, a 32,000-square-meter (344,000-square-foot) class A warehouse in Waspik, in the Waalwijk municipality, the Netherlands, on behalf of one of its commingled funds.
Having acquired two brownfield sites in Maasoever industrial park, Next Level has since combined them into a single, 4.5-hectare (11.1-acre) greenfield site. The property targets a BREEAM Excellent certification and is suitable for single- or multiple-tenant use. Construction of the property has commenced and is expected to complete in second quarter 2025.
With close proximity to the A27 and A59 logistics corridors, the property benefits from excellent arterial connectivity to Europe’s two largest ports (Antwerp and Rotterdam) and the European hinterland. Waalwijk, in the Mid-Brabant region, is one of the Netherlands’ most established logistics hubs. The region is characterized by sub–1 percent vacancy and a development pipeline e
