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Transactions - NOVEMBER 17, 2023

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ESR completes logistics park in China’s Hebei province

by Released

ESR has completed the construction of a two-story ramped logistics facility in China, ESR Langfang Baiyi Logistics Park.

ESR Langfang Baiyi Logistics Park is located in the Langfang Guangyang Economic Development Zone in China’s Hebei province. Situated in the prime location between Beijing and Tianjin, the zone is one of the first batch of provincial-level industrial clusters in Hebei. Leveraging modern business logistics industry chain and high-end equipment manufacturing ecosystem, the zone provides a conducive business environment for industries such as biopharmaceuticals, cross-border ecommerce, cold chain logistics and special equipment. The logistics park is at the heart of major links such as Beijing-Shanghai Expressway, Beijing-Shanghai Railway, Jingjintang Expressway and National Highway 104, making it an excellent choice for intelligent urban distribution and cargo transshipment.

With a total of 70,159 square meters (755,185 square feet), the logistic park

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