15. August 2012     Print Print 

Pharmaceutical player leases at the Westpoint logistics park in Amsterdam

A global pharmaceutical manufacturer has taken up a lease for 16,541 sq m, over half the available space, at the Westpoint logistics park in Amsterdam from pan-­‐European warehouse asset manager and developer PointPark Properties (P3) to develop a new logistics hub for its business in the Netherlands. The lease was secured by P3 just three months after the space was vacated by its last tenant.


The Westpoint logistics park is owned by the Crescent Euro Industrial II Fund, for which P3 acts as asset manager. The facility is located in Amsterdam’s Westpoort harbour area, close to Schiphol Airport and has excellent road, rail and waterway connections to the rest of the Netherlands and beyond. The site has a total area of 48,000 m2 of which 16,500 sq m now remains to be let. Jones Lang LaSalle and Cushman & Wakefield acted as agents for P3 in the transaction.