Freight Transport

The Goodman Group has announced it will develop a 64,462 sq m turnkey facility for Stanley Black & Decker at Tessenderlo, in Limburg Province, Belgium.

The development will comprise 61,486 sq m of warehouse space, 2,398 sq m of offices and 578 sq m of technical rooms.

Construction will commence immediately and delivery will be on a phased basis. The first half of the warehouse and the entire office space will be delivered in April 2012, while the remainder of the warehouse will be handed over by the end of November 2012.

Stanley Black & Decker will have additional land available for expansion at its approximately 150,000 sq m site at Tessenderlo, and could add a further 15,000 sq m extension in the future.

The new facility will become the distribution centre for a wide variety of construction and do-it-yourself products including Stanley hand tools and storage products, Black & Decker and DeWalt power tools and Bostitch products. The distribution centre will serve customers in the Benelux, France, Germany, Austria, Switzerland and Scandinavia.

"We are pleased to have been selected by Stanley Black & Decker to develop their new facility, which is our second development in Belgium this year and follows the commencement of construction of another warehouse and distribution centre in Puurs, in June. It is the largest industrial development to be undertaken in Belgium since 2008 and underlines Goodman's strength in a challenging market," said Kim Cornille, Goodman's Country Manager for Belgium.

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