IWI & Park Developments joint venture in North West Logistics Park Dublin 15

(01 Feb 2020)

IWI a leading partnership in commercial real estate investment and asset management & Park Developments have agreed a joint venture to secure a tenant in the North West Logistics Park in one of Dublin’s most premier and most estabilished logistics locations.

The HSE has agreed a 20 year lease to rent Unit 629 at the scheme from the logistics division of developer Michael Cotter’s Park Developments on a 20-year lease incorporating a break option in year 15. 

Unit 629 was completed in June 2019 as part of the first phase of a wider €35 million logistics development Park Developments is in the process of delivering at the Ballycoolin scheme.

The company Park Developments has planning permissions in place for six additional logistics facilities at Northwest Logistics Park comprising 21,650sq m (233,000sq ft) with unit sizes ranging from 1,394sq m (15,000 sq ft) up to 7,254sq m (78,000sq ft).

Northwest Logistics Park is one of Dublin’s premier and most established logistics locations. The park is within 200m of the N2/N3 link road which provides dual carriageway access to the N2 (J3) and N3 (J2) routes, and J5 and J6 on the M50 which provides motorway access to all of the main arterial routes from Dublin, to Dublin International Airport and the Port Tunnel.

 

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  • Dublin 2,
  • Ireland

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