{"id":1004125619,"date":"2015-08-19T06:17:18","date_gmt":"2015-08-19T14:17:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004125619"},"modified":"2020-05-12T22:45:37","modified_gmt":"2020-05-13T06:45:37","slug":"hillwood-logproject-join-forces-once-again","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hillwood-logproject-join-forces-once-again\/","title":{"rendered":"Hillwood, LogProject Join Forces Once Again"},"content":{"rendered":"<p><em>By Adriana Pop, Associate Editor <\/em><\/p>\n<p><a href=\"https:\/\/www.hillwood.com\/Home.aspx\" rel=\"nofollow\">Hillwood<\/a>, the Dallas-based real estate investment and development company owned by Ross Perot, Jr. has partnered with locally based <a href=\"https:\/\/www.logproject.eu.\/en\/home-31.html\" rel=\"nofollow\">LogProject Development GmbH<\/a> to build an approximately 333,681-square-foot Class-A logistics project in D\u00fcsseldorf.<\/p>\n<p>The new development will rise on 13,83 acres of land Hillwood purchased on behalf of its Hillwood European Fund. The site is located in the district of Heerdt and was previously used as an industrial plant for refractory products.<\/p>\n<p>Construction is scheduled to begin as soon as demolition work of the old facility has been finalized, with completion expected in 2016. LogProject will be in charge with the property\u2019s marketing, leasing and management.<\/p>\n<p>\u201cThis transaction is a great example of our ability to combine the local knowledge and relationships of our project partner LogProject with Hillwood\u2019s capital strength and execution capabilities,\u201d John Thomas, president of Hillwood Europe, said in a prepared statement. \u201cA key success factor of this deal is that we jointly could secure a rare and sizable industrial land plot in an infill location that can serve multiple client needs, from port-related logistics customers and last-mile city distributors alike,\u201d added Peter Schuijlenburg, senior VP at Hillwood Europe &amp; head of Hillwood in Germany.<\/p>\n<p>The project marks the second collaboration between Hillwood and LogProject in one year. The companies have also partnered on the development of the Central Park logistics hub in Weiterstadt, also in Germany.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dallas-based real estate investment and development company owned by Ross Perot Jr. has partnered with a locally based firm to build a logistics project in D\u00fcsseldorf, Germany.<\/p>\n","protected":false},"author":260,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,16,21742],"tags":[],"class_list":["post-1004125619","post","type-post","status-publish","format-standard","hentry","category-industrial","category-international","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hillwood, LogProject Join Forces Once Again - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hillwood-logproject-join-forces-once-again\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hillwood, LogProject Join Forces Once Again\" \/>\n<meta property=\"og:description\" content=\"The Dallas-based real estate investment and development company owned by Ross Perot Jr. has partnered with a locally based firm to build a logistics project in D\u00fcsseldorf, Germany.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hillwood-logproject-join-forces-once-again\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-08-19T14:17:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-13T06:45:37+00:00\" \/>\n<meta name=\"author\" content=\"Adriana Pop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hillwood-logproject-join-forces-once-again\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hillwood-logproject-join-forces-once-again\\\/\"},\"author\":{\"name\":\"Adriana Pop\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/c6fbe4a6cd09e6097b39e787ae96d7ad\"},\"headline\":\"Hillwood, LogProject Join Forces Once Again\",\"datePublished\":\"2015-08-19T14:17:18+00:00\",\"dateModified\":\"2020-05-13T06:45:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hillwood-logproject-join-forces-once-again\\\/\"},\"wordCount\":241,\"commentCount\":0,\"articleSection\":[\"Industrial\",\"International\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hillwood-logproject-join-forces-once-again\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hillwood-logproject-join-forces-once-again\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hillwood-logproject-join-forces-once-again\\\/\",\"name\":\"Hillwood, LogProject Join Forces Once Again - 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