Dubai Industrial City Commences Leasing 2.8 Million sq ft of Open Storage Yards
Posted on: Monday October 6 , 2008  8:56:02 AM (GMT+4) Submit Press Release

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  •  Dedicated End-To-End Logistics Provider transPARK to Manage Storage Space;

  • Major Automotive, Equipment and Construction Companies Take Up 60% of Open Yards


 Dubai Industrial City, a member of Tatweer and the third largest non-real estate project in Dubai, today announced it has commenced leasing nearly 2.8 million sq metres of open storage yards to meet the huge demand from major automotive, equipment and construction companies.
 
Dubai Industrial City’s prime location adjacent to the Dubai World Central’s Al Maktoum International Airport, its proximity to Jebel Ali Port and Free Zone, as well as easy accessibility to major highways, have contributed to an increasing demand for open storage yards in the destination.
 
Rashed Al Ansari, Vice President of Dubai Industrial City, said: "We have so far leased 60 per cent of the allocated 2.8 million square feet of land and we are planning to increase the area for open storage. A demarcated option such as this is preferred over conventional storage and warehousing facilities by an increasing number of companies for storing their equipment and other items.
 
"We have been working closely with our clients to optimize the utilization of our land and offer services and facilities for their daily operational needs. Our flexible storage solutions will considerably help meet diverse market requirements while allowing us to directly contribute to bridge the shortage of storage facilities in Dubai."
 
The open storage area will be managed by transPARK, the dedicated end-to-end logistics provider that operates under the umbrella of Dubai Industrial City. transPARK will ensure organized storage, inventory and logistics solutions for clients within the premises of the manufacturing hub.
 
The open storage yards are built to comply with the highest quality and finishing and provided with round the clock security. The yards boast adequate flood lights at night and a perimeter fence, as well as suitable landscaping.
 
"This is one of our dedicated services that complement our warehouse storage facilities. We aim to offer more such innovative solutions for the benefit of industrial investors in our endeavour to create an enabling destination for global brands," Al Ansari added.
 
The 560 million sq ft dedicated industrial destination comprises six clusters featuring food and beverage, base metal, mineral products, chemicals, transport equipment and parts, and machinery and mechanical equipment.
 
Complementary facilities for logistics, warehousing, labour cities, industrial training, in addition to commercial, residential and entertainment zones, position Dubai Industrial City as a comprehensive one stop-shop destination. It provides tenants with a critical competitive advantage in human resources, logistics and business operations.


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