Panattoni Park Kaiserslautern Ost: Forward-looking development in the Rhine-Neckar region

Panattoni, the leading project developer for industrial and logistics properties in Europe, is developing Panattoni Park Kaiserslautern Ost in Göllheim, Rhineland-Palatinate. The sustainably developed multi-user property is being built in the logistics corridor between south-west Germany, northern France and Benelux and focuses on flexible utilisation and high third-party usability. Construction is scheduled to begin in the third quarter of 2023, with completion planned for the second quarter of 2025.

Caption: Panattoni, the leading project developer for industrial and logistics properties in Europe, is building Panattoni Park Kaiserslautern Ost in Göllheim, Rhineland-Palatinate. Reprint free of charge, Copyright: Panattoni.

The developer is realising Panattoni Park Kaiserslautern Ost for a broad target group from the automotive, chemical, pharmaceutical, IT, e-commerce and retail sectors and without pre-letting with a total lettable area of approx. 63,000 m², spread over two properties with 7 units. These each have an area of between approx. 6,200 m² and 8,200 m². The hall area totals approx. 54,700 m², plus around 3,200 m² of office space and 5,100 m² of mezzanine space. The height of the building is 10 m UKB. The halls have 54 loading bays and 7 level access doors and are designed for a floor load of 5 tonnes/m². There will be 20 lorry parking spaces and 256 car parking spaces on the outside areas.

Panattoni Park is located in the immediate vicinity of south-west Germany, the Benelux countries and northern France. With its proximity to Kaiserslautern, Mannheim, Frankfurt and the entire Rhine-Neckar region with around 550,000 inhabitants, the property is also located on an important European logistics corridor. The A 63 and A 6 motorways can be reached in just a few minutes by car without having to drive through town, and logistics hubs such as Frankfurt Airport can also be reached in around 45 minutes by car. The second largest inland port complex in Germany, in Mannheim/Ludwigshafen, also offers excellent multimodal connections to the major European seaports.

Due to topographical unevenness, the park is being built at different levels on a site area of around 161,050 m². Between around 1962 and 2003, the northern part of the brownfield site was home to a factory for the manufacture of pyrotechnic and military products, while the southern part was pastureland. The buildings and facilities were demolished by the owner before the land was purchased. Some of the material that exceeded the reuse criteria was disposed of off-site. However, material suitable for reuse as part of the site development remained on the site.

"We welcome the development of the business park in Göllheim. In our economically strong region, with short distances to France and the Benelux countries, the demand for space is high. Added to this is the challenging development of the site. We therefore support the realisation of Panattoni Park," says Steffen Antweiler, Mayor of the municipality of Göllheim.

Dieter Hartmüller, Mayor of the local municipality of Göllheim, comments on the project as follows: "We are delighted to have found a competent partner in Panattoni for the further development of Göllheim as a business location. Thanks to its location and connections, it provides future users with attractive space. We would like to thank Panattoni for working with us as equals."

Panattoni is focussing on sustainable construction methods for the development and is aiming for certification to at least DGNB Gold standard. A photovoltaic system will be installed and the entire building will be heated with a fossil-free heat pump system, supplemented by the installation of intelligent measuring systems. Rainwater will be used to irrigate the outdoor areas and flush the toilets, while charging stations for electric vehicles will enable low-emission mobility. Wellbeing areas are also being created for employees. The developer is planting wildflower meadows in the natural outdoor area and placing beehives to preserve biodiversity. Extensive development measures are also being carried out.

"With Panattoni Park Kaiserslautern Ost, we are developing a sustainable property for a broad target group at an outstanding location. Many attractive companies are based in the Rhine-Neckar region, and the fast connections mean that around 10 million consumers can be reached within 90 minutes. We would like to thank the municipality and the local community of Göllheim for their excellent cooperation," commented Fred-Markus Bohne, Managing Partner at Panattoni Germany and Austria.

Construction of Panattoni Park Kaiserslautern East is scheduled to begin in the third quarter of 2023. Completion and handover are scheduled for the second quarter of 2025.

BNP Paribas Real Estate in Frankfurt oversaw the purchase of the property and is also responsible for marketing the space.

Further information on Panattoni Park Kaiserslautern East can be found at: https://panattonieurope.com/de-de/immobilien-suchen/panattoni-park-kaiserslautern-ost

About Panattoni:
Panattoni is a leading project developer for industrial, logistics and commercial property in Europe. It is a subsidiary of Panattoni Development Company, Newport Beach, USA, founded in 1986, an owner-managed and globally active developer of industrial and logistics properties with offices in North America, Europe and Asia.

Panattoni offers its clients high-quality and sustainably constructed property solutions in the industrial sector. The company focusses on local conditions on site and on cooperation with municipal partners and decision-makers to ensure holistic development. The portfolio includes customised build-to-suit and build-to-own solutions, Panattoni Parks and property management.

The portfolio is complemented by flexible and modular business parks based on the City Dock concept. Here, users from production, trade and commerce will find attractive small-scale commercial spaces in the middle of urban centres or in suburban locations.

Since entering the European market in 2005, Panattoni has developed more than 20.3 million m² of new space in Europe. In Germany, one of the company's focus markets, the Panattoni team and its more than 110 employees have brought more than 120 projects to fruition. Of these, more than 85% are brownfield revitalisations. Panattoni's German headquarters are in Hamburg, with further branches in Düsseldorf, Mannheim, Munich and Berlin. Panattoni operates a total of 53 offices in North America, Europe and Asia.

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