16.6 C
Nairobi
Sunday, September 22, 2024
HomePROJECTSNairobi Gate Phase One Completed, Leases Signed

Nairobi Gate Phase One Completed, Leases Signed

The first phase of Nairobi’s premier logistics and warehouse park, Nairobi Gate, is now ready and has already witnessed two lease agreements with Kentainers Limited, a Joint Venture Company between Aquasantec International and Ramco Group. The first transaction is for a two-acre lease including a 3,000m2 purpose-built factory with a warehousing component. The second transaction will see Kentainers acquire another two-acre tract of land that will house office buildings, and a client collection centre.

Built on 100 acres of land, phase one of the Kes 500m Industrial Park comprises in excess of 200,000 m2 under roof. The Park is ideally suited to accommodate large international warehousing, distribution, and manufacturing businesses with agencies represented in East Africa, as well as large local businesses including specialised goods manufacturers of high-value items such as pharmaceuticals and medical equipment as well as specialised electronics and engineering components. 

Developed by the Improvon Group, Nairobi Gate forms part of the larger Northlands Mixed Use Scheme, situated on the Eastern Bypass of Nairobi, providing easy access to key arterial roads, Jomo Kenyatta International Airport, the Nairobi Inland Container Depot and the Southern Bypass. 

L-R: Paul Williamson Head of Leasing Nairobi Gate, Kirir Patel Chairman Ramco Group, Amit Patel CEO Ramco Group, Kalpesh Patel CEO Kentainers and Mr. K.R. Patel Chairman Kentainers converse on the grounds of the industrial park shortly after the signing ceremony.

Speaking at the signing ceremony, Stefano Contardo, Group CEO of Improvon said, “We are very excited to welcome Kentainers as tenants at Nairobi Gate. It is indeed a privilege but also a great responsibility to part of such an exciting project.” 

“Despite challenges brought about by COVID-19, we drew on extensive experience as market leaders in developing ultra-modern, A-grade warehousing, distribution and logistics facilities according to client specifications and we are very proud to have completed phase one of Nairobi Gate successfully. We look forward to the inauguration of the park and the conclusion of a number of new leases in the pipeline,” he added. 

Nairobi Gate brings a ‘built to suit’ concept to Nairobi in response to the demand for grade A flexible distribution properties with good access, efficient circulation for trucks, generous loading facilities, multiple roller shutter doors and good height facilitating volumetric capacity for pallet storage. 

The location is strategic to Nairobi’s 2030 spatial development plan and will accommodate turnkey projects accommodating tenants from mini units of 500 m2 up to warehouses of 10,000 m2 as well as land sale options. 

- Advertisment -

Most Popular