Plaza West Haarlem acquires shopping centre and development site in Haarlem West
Plaza West Haarlem B.V., a private partnership, has acquired a land position of 5 hectares with approximately 10,000 sq m existing retail and a development potential of more than 600 apartments in Haarlem West. Selling party is Westgracht Vastgoed. Plaza West Haarlem wil realize 542 apartments, 3,500 sq m and accompanying parking space here (Menno Simonszweg). The existing retail building will be expanded with Fit For Free and Monkey Town which will open their doors on the 1st of April. In addition, 63 studios will be developed on a short notice in, respectively on, the existing retail building. At the moment Albert Heijn, Aldi, Gall & Gall, Etos and Action are established at the location.The apartments will be developed in phases, spread over 6 buildings. Financier NIBC has provided the funding for the acquisition.
CBRE has played an important role in attracting the funding and accompanied the buyer through the funding process. CBRE is also attracted as selling consultant on behalf of Plaza West Haarlem B.V. Boekel was involved as fiscal advisor. NIBC was advised by Houthoff Buruma and Westgracht Vastgoed by Baker & McKenzie.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.