TCC acquires fourth site in Spain

Trammell Crow Company (TCC), a leading global developer and investor in commercial real estate, has acquired a 21,360 sq m (229,917 sq ft) site in Granollers near Barcelona, its fourth site in Spain upon which it will deliver a Grade A logistics asset.

On the site, known as CORE Granollers II, TCC will develop one building divided in two parts that will offer 14,114 sq m (151,921 sq ft) of warehouse, office and mezzanine space. The site is a short distance from TCC's first acquisition in Spain, and benefits from quick access to the AP-7 and C-17 motorways, with Barcelona's port and airport a 37-minute and 40-minute drive away respectively.

Meanwhile, TCC has launched its leasing campaign for its first site in Granollers at which it has raised concrete columns and laid the first stone at a ceremony attended by the mayoress of Granollers, Alba Barnusell. CORE Granollers I will see the delivery in spring 2023 of an 8,594 sq m (92,505 sq ft) building with 11.5m clear heights, a 7tn/sq m floor loading capacity, and eight loading docks. TCC's prime logistics developments across Europe are designed and constructed to consistent standards.

This includes a BREEAM Very Good or Excellent rating, an EPC A certification, and construction that enables full photovoltaic rooftop installations.

TCC also designs its assets to reduce the embodied carbon footprint of its warehouses per sq m year-on-year, and provides multi-modal electric vehicle charging facilities for cars, motorbikes, cycles, scooters and HGVs.

TCC has two additional sites in Spain, in Cabanillas and Alovera in Guadalajara, where it will develop a 36,232 sq m (389,998 sq ft) and a 49,149 sq m (529,035 sq ft) warehouse respectively.