Radius Group and Leroy Merlin sign a purchase build-to-suit agreement for a 100,000 m2 Consumer Distribution Center.
Radius Group, a provider of warehouse & industrial real estate in Russia, and Leroy Merlin, one of Russia’s largest DIY retailers, have signed a purchase build-to-suit agreement for a 100,000 m2 Consumer Distribution Center. The center will be constructed at Radius Group’s planned 650,000 m2 South Gate Industrial Park, located South of Moscow at the crossroads of the M4 and A-107 (“Betonka”) federal highways near the Domodedovo airport. “South Gate was ideal in terms of both location and established community of leading global companies. In today’s challenging environment we are proud to have provided a low risk financial and management solution for the largest, most efficient BTS warehouse in Russia’s history and possibly in the world for 2014,” said Christopher Van Riet, Radius Group Managing Director/Customer Solutions.