Goodman develops new Chongqing facility

Goodman Group, the global integrated property group which owns, develops and manages industrial space, has signed an agreement to develop a 22,000 sqm built-to-suit facility for Best Logistics Technology (Hangzhou) Co. Ltd in Chongqing, Western China.


Goodman develops new Chongqing facility


Goodman Group, the global integrated property group which owns, develops and manages industrial space, has signed an agreement to develop a 22,000 sqm built-to-suit facility for Best Logistics Technology (Hangzhou) Co. Ltd in Chongqing, Western China. Goodman Chongqing Airport Logistics Park, which has a total land area of 284,000 sqm, is Goodman’s first project in Chongqing and will be developed in multiple phases, comprising a total of eight warehouses and providing approximately 190,000 sqm of prime logistics space, with an estimated end value of US$130 million.

Construction of the built-to-suit facility for Best Logistics is scheduled to commence in April 2014, with expected completion in October 2014.