Ahold Delhaize USA has secured a $475 million investment from Blackstone Credit & Insurance to develop a new, highly automated distribution centre in Burlington, North Carolina. This strategic partnership utilizes a triple net lease structure, where Blackstone funds the total construction costs and retains ownership of the site while the retail giant manages operations. The project is designed to enhance the supply chain for the Food Lion brand, creating over 500 jobs and integrating advanced technology to streamline grocery delivery across the region.
EQT Real Estate has confirmed the purchase of the I-78 Commerce Center, a massive 809,000 square foot distribution hub in Berks County, Pennsylvania. The move marks a significant expansion of the EQT Real Estate Industrial Core-Plus Fund IV, targeting high-specification logistics infrastructure in markets with restricted supply. With state-of-the-art features including 40-foot clear heights and extensive trailer parking, the facility is designed to meet the growing needs of national distribution networks.
LPP Logistics has signed an 11-year lease for a new Distribution Centre at CTPark Bucharest West. The nearly 60,000 sq m facility will enhance the LPP Group’s logistics for Romania, Bulgaria, and Greece. The new centre is a vital strategic move following a recent fire at the operator's previous Romanian facility. The hub will support the ambitious expansion of the Sinsay brand, which recently opened its 200th store in Romania.
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