Symbolic groundbreaking ceremony for ELBDOX in the Hamburg Metropolitan Region

• Joint project by thirteen seven and VERTO
• High demand from local companies as well as large-scale searches
• Maximum flexibility in logistics units with future-proof equipment from mid-2027 Ready to move in

The project developer thirteen seven and the investment vehicle Verto, advised by Feldberg Capital (Feldberg), a joint venture of Feldberg Capital and the Teacher Retirement System of Texas, celebrated the groundbreaking ceremony for the logistics property "ELBDOX" in Wedel near Hamburg on July 8, 2026. With the reactivation of the previous brownfield site, more than 34,000 m² of flexible and WGK3-capable space for tradespeople as well as e-commerce and logistics companies will be created in the short term. They will be ready for occupancy from mid-2027.

Around 60 guests were welcomed at the official start of construction, including the mayor of the city of Wedel, neighbours, real estate agents as well as employees and project participants of the commissioned general contractor Goldbeck.

From left to right: Robert Bahr (Managing Director, Head of German Investments of Feldberg Capital in the joint venture "Verto"), Christian Peschges (Director of thirteen seven), Julia Fisauli-Aalto (Mayor of the City of Wedel), Mirko Eickhoff (Founder and Partner of thirteen seven) and Robin Brückmann (Project Manager of Goldbeck). Image rights: thirteen seven / Photographer: Daniel Sumesgutner

"With ELBDOX, we want to set a positive impulse for Wedel as a business location and lead the property to new prosperity. For this, we have received very good support from the city of Wedel and the economic development agency as well as the district of Pinneberg. We would like to thank you very much for the quickly granted building permit, the cooperative, solution-oriented cooperation and good accessibility of those responsible," said Mirko Eickhoff, founder and shareholder of thirteen seven.

"We are already seeing broad demand today. The interest comes on the one hand from local, medium-sized companies from Wedel, some from the immediate neighbourhood, and on the other hand from users with large-scale applications that focus on the Hamburg metropolitan region. In the case of early letting, we can respond to specific requirements of future users in good time during the construction phase," Mirko Eickhoff further informed.

"The German logistics market is currently opening up attractive prospects. Very low vacancy rates and the growing demand for modern, medium-sized and flexibly usable logistics properties with areas of less than 50,000 m² continue to characterise a robust market environment," explained Stefan Schade, Director Investment at Feldberg. "The Hamburg Metropolitan Region is characterised by its versatile transport connections, its economic strength and its central role in the pan-European movement of goods."

"Today's groundbreaking ceremony is a strong signal for the economic future of our city. Existing old areas are being made fit for the future here and now. New perspectives for a wide range of different users are emerging! Wedel as a business location will be sustainably strengthened and further modernized. Together with the economic development department of the city of Wedel, I am very much looking forward to welcoming new innovative companies as users of the Elbdox project to our city in the future," said Julia Fisauli-Aalto, Mayor of the City of Wedel in her welcoming address.

Since June, the construction site at Industriestraße 60 has been set up by the construction company Goldbeck. Subsequently, preparatory surveying work began on the approximately 56,000 m² site as well as civil engineering work, which includes drainage and adjustment of the ground level.

In the coming months, the building will be built in a modular manner using the modular construction method. A clearly visible milestone will be reached with the start of the column installation from August 2026. According to the schedule, the end of 2026 or At the beginning of 2027, the façade was installed and the roof covered. At the same time, the interior work of completed shell construction areas will take place and the construction of the outdoor facilities will begin at the beginning of 2027.

Facts and Figures: ELBDOX

Address: Industriestraße 60 in 22880 Wedel

Plot: approx. 56,000 m²

approx. 30,300 m² of hall space

approx. 1,860 m² office space

approx. 1,900 m² mezzanine area

WGK3 standard: in all areas

24/7 use: 20,000 m²

E-charging points: 8

Construction in GEG40 standard

DGNB Gold certification sought

Owner: Verto, a joint venture between Feldberg Capital and the Teacher Retirement System of Texas, one of the largest public pension funds in the United States

Investment Advisor: Feldberg Capital

Project Developer: Thirteen Seven

General contractor: Goldbeck

The visualizations show the logistics project "ELBDOX" with the address Industriestraße 60 in 22880 Wedel in the Hamburg metropolitan region when completed in mid-2027. Image rights: thirteen seven

About thirteen seven

thirteen seven GmbH is a project developer for modern logistics and light industrial real estate founded by Mirko Eickhoff and based in Aachen. The focus is on the development of user-oriented commercial real estate in strategically strong locations – from land acquisition to structuring, leasing and implementation to long-term value prospects. thirteen seven stands for an approach with a clear focus on profitability, third-party usability and sustainable value potential. Together with investors, brokers, users and strong implementation partners, the company implements projects primarily in metropolitan areas and established logistics clusters.

For more information, please visit: https://thirteenseven.de

Press contact
Silke WestermannSH/CommunicationMobile: 0173 29 20 641
s.westermann@shcommunication.de