Real Estate News

Deutsche Post DHL Developing 1.5 Million Square Foot Parcel Center in Germany

Deutsche Post DHL plans to break ground by year end on the largest and most modern parcel center in Germany in the Hessen city of Obertshausen. The multi-million-dollar project will cover 1.5 million square feet (140,000 square meters). Alpha Industrial, a specialist in logistics properties, is a partner in the project.
The building alone will have 40,000 square meters (430,556 square feet) of interior space and be equipped with the most modern technology.
The new location is expected to  create 600 new positions, both in parcel sorting and delivery when it begins operations in the spring of 2014, according to the company's news release,
The center will have a sorting capacity of 50,000 items per hour. The center's location is near Frankfurt/Main. Deutsche Post DHL, says it  is the market leader on the German parcel market.
"This investment represents another important milestone for our new parcel concept and our network capacity" said Uwe Brinks, Chief Production Officer at Deutsche Post DHL.
"The result will be one of the largest and most modern parcel centers in Europe. We have already submitted the building application to the Obertshausen municipality and want to begin construction this year"
The first step for Deutsche Post DHL was a financial investment, a sum in the double-digit millions dedicated to the new mega parcel center at the new site near the A3 highway.
"The new center will not only create an additional platform for further growth in the parcel sector, it will also safeguard jobs in the Frankfurt metropolitan area and create new employment opportunities there" Brinks emphasized.
A delivery base connected directly to the sorting center will also be built in Obertshausen and help further shorten parcel transit times.
Alpha Industrial, the project partner, is responsible for developing the new plot of land in close coordination with the Obertshausen municipality. Alpha Industrial currently manages more than 650,000 square meters (seven million square feet) of property and is a leading asset manager in the logistics and commercial property sector in Germany.

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