Hines breaks ground on pre-let logistics development in Poeldijk

Hines breaks ground on pre-let logistics development in Poeldijk

Hines has started construction of a new, high-quality distribution centre and office space at ABC Westland in Poeldijk.

The logistics park, owned by one of Hines’ discretionary funds, is located close to The Hague, and predominantly serves occupiers in the fresh fruit and vegetable industry, providing a wide range of services such as production, logistics, wholesale and trade, packaging and other related activities.

This milestone marks the continued evolution of the Agro Business Centre, following the acquisition of ABC Westland in 2019.

After receiving its environmental permit in December 2023, construction has now started on the 17,452 square-meter distribution centre, which is split over two units and includes office space.

Both units have been fully pre-let to Bidfood, a foodservice wholesaler and distributor, and Fine Fruits Company, a Dutch brand of the French premium supermarket Grand Frais.

Bidfood has signed a ten-year lease for 9,657 square meters of space, including a conditioned warehouse, mezzanine area and office, establishing its presence within the Hague region, while Fine Fruits will be relocating from within the park into 7,387 square meters of space, comprising conditioned business facilities, a mezzanine, cold storage and an office, as part of a five-year lease.

Both companies plan to relocate to this new building on its completion, which is scheduled for Q1 2025.

Andy Smith, senior managing director and country head – The Netherlands at Hines, says: “The ability to continue to expand and improve ABC Westland via development, refurbishment and acquisition is a main pillar of our investment thesis for this asset. Compliments to the broader team involved for the persistence in pursuit of this new space for Bidfood and Fine Fruits. We are very happy to be setting the latest high bar for quality standards on ABC Westland together with our tenants and looking forward to seeing the finished result soon.”