Marschroute enters South Gate Industrial park
Radius Group leading industrial warehouse real estate developer & owner and Marschroute leading full-cycle fulfillment operator completed the letting on 17, 8000 sq m of space in Domodedovo-based A-Grade South Gate Industrial Park.
Marschroute have completed the new letting of 17, 800 sq m space in the Domodedovo-based South Gate Industrial park. The company will place their new fulfillment center that will serve their e-commerce clients. The five-year deal was struck between Marschroute and Radius Group. International real estate advisor Knight Frank was the letting agent. The tenant has already accepted the premises and started processing & shipping goods from the new warehouse.
Zakhar Valkov, Radius Group COO comments; “Due to the prime location, high-quality of warehouse buildings and the possibility of adapting them to almost any requests, South Gate Industrial park became the center of attraction for the leading e-commerce companies”. We are glad to start cooperation with Marschroute and are sure that the launch of the new fulfillment center in our park will allow them to expand their market presence and improve the logistics network at Central Federal Region and Moscow Region, in particular. We hope for further expansion of the company on the property of South Gate Industrial park.
The deal once again proves a trend towards increased demand of e-commerce companies for modern high-quality warehouses. According to forecasts from the experts and market players, the Russian e-commerce market will continue to grow at an aggressive pace over the coming years and its share of the total volume of retail sales will be 10-15% by 2024.
Aside from Marschroute, South Gate Industrial park currently hosts other leading 3PL operators and logistics companies such as CDEK, Tablogix & Santens. The largest international online retailers such as Alibaba Group, Next, Leroy Merlin and Decathlon have their fulfillment centers company on the property of South Gate Industrial park.